https://www.businessinsider.com/labor-shortage-automation-restaurants-hiring-employment-productivity-job-market-outlook-2021-7

  • eduardog3000 [he/him]
    ·
    3 years ago

    The economy is when there are no jobs and the less jobs there are the better the economy is.

    Abandoning Keynesianism was one of the stupidest things capitalists could do to their precious economy. FDR saved capitalism for them and they just throw it away.

    • 01100011101001111100 [she/her]
      ·
      3 years ago

      They had to, Keynesianism hit its limit in the 60s and 70s profitability crisis. Keynes said stagflation was impossible, it couldn't happen that you had economic stagnation and also prices going up. There is no overcoming the internal contradictions of capitalism, all you can do is push it outwards or a little bit ahead of time but sooner or later...