Economic Update

Unemployment: Cruel, Wasteful, Unnecessary | Economic Update – May 8, 2020

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On this week’s show, Prof. Wolff criticizes unemployment – as a specifically capitalist irrationality – and advocates “re-employment” as a far better policy. Gov’t jobs and worker-coop development are key means for re-employment. Very socially necessary jobs are detailed that further encourage re-employment, instead of unemployment.


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