Economic Update: Using Unemployment Against Workers [Trailer]On March 14, 2020 by Raul Dinwiddie
WOLFF: It’s only when people, upset by this
inequality, have risen up and demanded changes that you’ve had a temporary (’cause
it has always turned out to be temporary) a temporary reversal of the inequality
or at least a slowing down of the growth of inequality.
GOLDBERG: Full employment, now called
a job guarantee, is really so fundamental to economic equity and justice.
Franklin Roosevelt called it the first and most fundamental of economic rights,
and one that would make all the others easier to achieve.
WOLFF: If there’s lots of
jobs, if the unemployed is small, then your ability to discipline your workers
is reduced because they know that can get another job if you fire them.
GOLDBERG: You need a reserve army of the
unemployed, as they used to say. WOLFF: But that means capitalism
seems to require to have millions
of people necessarily sitting idle.