> Workers started unionizing, getting raises & taking advantage of a tight labor market to get a slightly better deal

> The ruling class freaked, now the Fed is engineering a recession ostensibly to get inflation under control, but it functions to destroy the growing power of labor.

> Capitalism needs a reserve army of labor to discipline and threaten active labor, and to be able to easily and quickly replace uppity workers with ever-more desperate people who will work for less and under worse conditions out of extreme precarity & fear of total immiseration.

    • supdog [e/em/eir,ey/em]
      ·
      3 years ago

      you say "why throw more bodies on the pile?" as though people outside the labor force getting incinerated by inflation for the sake of perpetual full employment and perpetual growth wouldn't also be bodies.

      This doesn't seem like the same site that mocks the line go up business ideology. If you don't think there's a recession to balance out the excess then you're just on that :free-real-estate: