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M-TH: Why are we so afraid of unemployment?

chang
Tue, 28 Mar 2000 05:37:44 -0800

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Subject: Why are we so afraid of unemployment?
by Juchang He
E-mail: [EMAIL PROTECTED]

Why are we so afraid of unemployment? It is because people are afraid of
poverty. Unemployment will bring people poverty. If there weren't poverty,
people wouldn't be afraid of unemployment. Therefore, if we can solve the
problem of poverty, people won't be afraid of unemployment.

(People's living standard can be divided into four grades. The first grade
is  necessary consumption of education, clothing, food, housing and
transportation. The second grade is ordinary consumption, which means buying
some more clothes and purchasing TV sets and washers, etc. The third grade
is extravagant consumption, which means going to hotels, restaurants and
dancing-halls and taking cars, etc. The fourth grade is over-extravagant
consumption.)

How can the problem of poverty be solved? When there appears inadequate
production of consumer goods of the first and second grades, the government
should instruct people to produce consumer goods of the first and second
grades. In this way, unemployment will be decreased and poverty will be
eliminated.

Are people who have jobs protected from poverty? Of course not. People with
low wages have to face poverty as well. In this case, the government should
stipulate a level of the lowest wages in the form of law, and all the wages
shouldn't be lower than this level. In this way, the problem of poverty will
be solved.

Is finding a job the only way to eliminate poverty? Of course not. If there
is overproduction of consumer goods of the first and second grades, the
government should provide the unemployed with relief funds instead of
finding jobs for them, because, at that time, social wealth is adequate,
even more than needed. So the unemployed will never live in poverty.

Economists simply tell people how to eliminate unemployment, rather than
tell people how to eliminate poverty. I think this is unscientific. Their
current strategy will conceal the economic condition of a country, so as to
make social poverty remain the same year after year in the world. Economists
should be aware that poverty is far more harmful than unemployment. It is
because people are afraid of poverty that they are afraid of unemployment.
Therefore, economists should tell people how to eliminate poverty rather
than unemployment. If economists fail to tell people how to eliminate
poverty, they shouldn't call themselves economists.

Sincerely,
Juchang He
SHENZHEN, P.R. CHINA
E-mail: [EMAIL PROTECTED]
Welcome to My Homepage
<http://sites.netscape.net/juchang/homepage.html>




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