On Fri, Jan 11, 2013 at 12:17 PM, David Shemano <[email protected]>wrote:
> Jim Devine writes: > "To my mind, capitalists are always interested in justifications for > maintaining high unemployment, since it disciplines labor (keeping wages > low and labor-effort high, promoting profits) and protects the purchasing > power of their paper assets. > > Total fantasy. The notion that there are capitalists interested in > maintaining high employment is ludicrous. It is the progressive left that > supports policies that increase labor costs and encourage unemployment, > whether it is minimum wage, unionization, mandatory health care benefits, > unemployment benefits, Capitalists are interested in keeping labor costs low. What is so ludicrous about the idea that capitalists like to keep a "reserve army" of desperate people around as a way of keeping costs down? > useless college education that produce individuals that are unemployable. So college education is "useless", unless it provides job training that benefits employers? > Each of these policies is designed to discourage the employment of human > beings and substitute machinery, and they do what they are supposed to do. > This is nonsense. Minimum wage and safety net policies were implemented with the stated goal of providing aid to low-income people. These policies may, as an inevitable side-effect discourage the employment of human beings, but to suggest that this is the intended purpose of progressive public policies is ridiculous. -raghu.
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