Capitalism and unemployment-CPUSA

Ένα σχετικά απλό κείμενο που βρήκα στο peoples world .Give it a chance.

by: Art Perlo




Mass unemployment has been a feature of capitalism since it emerged as the dominant social system in 17th century England and spread throughout the world. It is also an essential part of the system -- the misery of the unemployed and underemployed fuels the profits, which keep the capitalist economy going.

That's not what we hear from big business economists and their Republican congressmen. They call the wealthy class "job creators" and claim that if rich people and corporations are freed from taxes and regulation, there will be plenty of jobs. History shows they are wrong. The Great Depression followed, a decade of low taxes and unregulated capitalism, with government at all level supporting the interests of business against workers and farmers. Just like the depression we are now experiencing.

Why can't we rely on the wealthy "job creators" to create jobs?
Capitalists as a class -- the people who own the banks and the big corporations (the 1% in today's language) -- are not in business to create jobs. They are in business to make profits. When they are unable to meet the demand for whatever they produce, they hire more workers so they can increase output. When they can't find buyers for their products or services, they cut back and lay off workers.