I re-unsubbed Chang.
chang wrote:
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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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--
Michael Perelman
Economics Department
California State University
[EMAIL PROTECTED]
Chico, CA 95929
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fax 530-898-5901
