Challenger1978
Well-Known Member
BrianW said:You cannot have full employment in a capitalist society. The last time we were anywhere near it, in the 1950s, the employers all cried like little girls because Jack could tell the foreman to do one on Friday and walk into a new job on Monday. Wages went up and up, and helped create inflation. Hence the political decision to have lots of immigration to cut labour costs, and later the deliberate policy of Thatcher to create unemployment to weaken the unions and reduce pressure for higher wages.
This is why it is deeply immoral to blame the unemployed for a situation which they have not created and which is actually desirable from the point of view of employers and the broader economy.
There will never be full employment. Never. If we ever got near to it, they would simply bring new workers in from abroad. The exceptions would be a) another world war, with many in the Services and the rest subject to direction of labour, and b) a socialist state. One is as unlikely to come about as the other.
That's a cracking post fella.