Process
Status Items Output None Questions None Claims None Highlights Done See section below
Highlights
id595897150
We need to see unemployment rise. Unemployment needs to jump 40-50 percent, in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around. There’s been a systematic change where employees feel the employer is extremely lucky to have them, as opposed to the other way around. So it’s a dynamic that has to change. We’ve got to kill that attitude, and that has to come through hurt in the economy
id595896347
the reality is that our reigning economic model depends on keeping large numbers of workers in a state of permanent precarity.
id595896376
Capitalists often defend the market by invoking the language of freedom and choice, but the system they believe in is coercive and hierarchical by design.
id595896503
Full employment, Kalecki wrote:
would cause social and political changes which would give a new impetus to the opposition of the business leaders. The “sack” would cease to play its role as a disciplinary measure. The social position of the boss would be undermined, and the self-assurance and class-consciousness of the working class would grow… . “Discipline in the factories” and “political stability” are more appreciated than profits by business leaders. Their class instinct tells them that lasting full employment is unsound from their point of view, and that unemployment is an integral part of the “normal” capitalist system
✏️ An argument being made for something that capitalists care about more than profit… Power over the people. 🔗 View Highlight