Thursday, March 19, 2015

Real unemployment is double the ‘official’ unemployment rate

Click here to access article by Pete Dolack from Systemic Disorder.

Dolack explains how capitalists issue deceptive reports about unemployment in order to legitimate a system of endless growth that is creating this unemployment; and thereby causing workers worldwide over time to enjoy less and "owners" to enjoy more of worker productivity while destroying the very biosphere on which humanity depends. The end result?
We have only one Earth. And that one Earth is in the grips of a system that takes at a pace that, unless reversed, will leave it a wrecked hulk while throwing ever more people into poverty and immiseration. That this can go on indefinitely is the biggest fantasy.