22-12-2008, 03:54 PM
Magda Hassan Wrote:Unemployment is a favorite tool of the bourgeois technocrats. A large pool of unemployed always keeps wages down (that is profits up) Full employment is highly undesirable for this kind. That will lead to higher wages and more concessions WRT conditions. When BHP closed their Newcastle plants it was totally devastating for Newcastle but the share price sky rocketed. Immigration is one way to do this especially if the birth rate is low.
Another advantage of high unemployment, from the perspective of the regime--more people join the military for lack of better options. More warm bodies (though they don't always stay warm) to deploy to Afghanistan, Iraq, Iran, Pakistan... all the PNAC countries.