this post was submitted on 13 Sep 2023
616 points (98.0% liked)

Work Reform

9798 readers
431 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 117 points 1 year ago (4 children)

I remember when I was younger, having low unemployment was considered a good thing, universally desired it seemed. Only in late stage capitalism is it a requirement that we have people who can’t find a job so the working class doesn’t get too uppity.

[–] [email protected] 37 points 1 year ago* (last edited 1 year ago)

Reactionary take in response to billionaires being put in their place by a working class that is gaining back the union culture of the 20th century and pro-labour fervour of the 19th, assisted by the technology of the 21st.

[–] [email protected] 29 points 1 year ago (1 children)

More people are supposed to not have jobs, but at the same time, not be collecting unemployment or public assistance. So basically… go panhandle, live in a tent city, go to prison, or I guess just die is their suggestion.

[–] [email protected] 28 points 1 year ago (1 children)

If they died or went to prison then unemployment would go back down. The truth is they have no intelligent solutions and their economic beliefs are all make believe.

[–] [email protected] 7 points 1 year ago

I thought of that but considered maybe they just want people to die, anyway. Agreed, I don't get the impression this guy is super good at societal engineering or economics, other than as such might benefit people like him in the short term.

[–] [email protected] 17 points 1 year ago

This effect was analysed in great detail by Marx in the 19th century, so it's not a characteristic of late stage capitalism, just of capitalism.

His term "Reserve army of labour" refers to the unemployed.

Taking them as a whole, the general movements of wages are exclusively regulated by the expansion and contraction of the industrial reserve army...

From Capital by Marx

https://en.m.wikipedia.org/wiki/Reserve_army_of_labour

[–] [email protected] 1 points 1 year ago (2 children)

Low unemployment is a good thing- to a certain percentage (3% i think?). Not 0%.

People are arguing saying we expect some people living it tents - no, we expect to have people unemployed for a short time while they swap jobs, or seasonal workers out of season, or new grads looking for their first role.

[–] [email protected] 8 points 1 year ago (1 children)

A good thing for who exactly?

[–] [email protected] 1 points 1 year ago

Uh... people and the economy??? To copy paste my other comment

I'll happy tell a new grad they don't have to work full time in a minimum wage job while they work through the process of acquiring their first post-grad role, or the student to enjoy their gap year traveling the country. Happily tell the seasonal worker who did 15 hour days over summer they made enough to have 6 months off. The stay at home parent that they are doing a good thing even though they aren't getting paid for it, or the person transferring between jobs that they don't have to start the day after resigning from their other role.