Surviving Capitalism (Not) : Globalization Creates Unemployment: American Job Loss Is Permanent

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, October 28, 2010

Globalization Creates Unemployment: American Job Loss Is Permanent

by Paul Craig Roberts from Global Research.

I love it when this former official of the Reagan administration exposes all the lies of the current capitalist spokespeople. It would be interesting to know how his conversion to truth came about.

Here he exposes all the falsehoods and diversions propagated in the media about the unemployment problem in the US.

What is unmentioned, and maybe even a more serious consequence, is the de-skilling of American workers. Many skilled workers with training and experience behind them will lose those skills by extended periods of unemployment. Newly trained workers will have little chance to hone their training with on-the-job experience. Younger people won't bother pursuing expensive training without jobs to go to.