The huge mass that was once dubbed the reserve army of labor, was called such precisely because it was a reserve to be thrown into the battle for production during peak period of production. No level of production and consumption today can throw this huge mass of labor into the production process, because of what Marx called "the progress of industry." This mass of labor has been rendered superfluous to the production of capital as an expanded value in the absolute sense. Here is the 800 lb. gorilla in the living room many deny exist, with other claiming it is not really a gorilla at all. From reserve army to a permanent caste of proletarians shut out the civic society of the bourgeoisie.
^^^^^^ CB: True. But there never is a time when there hasn't been mass unemployment, even in the boom phase of cycles. Bourgeois economics defines "full"employment as 4% unemployment. Maybe the lowest percentage will get bigger under your analysis _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
