this post was submitted on 13 Sep 2023
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critique of capitalism

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Billionaire CEO says unemployment has to jump in order to get arrogant workers in their place (img-9gag-fun.9cache.com)
submitted 1 year ago by 7eter@feddit.de to c/capitalism@lemmy.ml
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"Unemployment has to jump 40-50%. We need some pain in the economy. We need to remind people that they work for the employer, not the other way around. "

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[–] Amaltheamannen@lemmy.ml 2 points 1 year ago

Google "The Reserve Army of Labour". Capitalists intentionally want some degree of unemployment to make workers more desperate for lowe wages and easier to replace.