Tuesday, September 20, 2011

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    • kathleen commented on an article:
      May 31, 2010
      The Pain Caucus
      As with all "austerity" measures forced on countries by various economic powers (IMF, OECD, whatever), the pain inflicted on the unemployed is not a peripheral result, but is the entire motive of the austerity measures. This is the means used to assure a cheap labor force, which is always the point. The pain is deliberate, not accidental. We need to understand that "the economy" does not have the goal of helping the many to live simple but decent lives; it is in place to succor the already-wealthy and always to prevent wage levels from "overheating" (as Greenspan so nicely put it). The rich will only stay rich so long as labor is cheap, and they will do whatever it takes to keep labor cheap. This is how it always happens--why should we believe ourselves in this country to be immune? The income disparity grows and grows, and the country starts exporting raw materials while importing finished goods, and the number of unemployed workers grows, and then wages and social programs are made to crash so that labor can once again be shown its place: to do the bidding of their "betters" for a mere pittance, so that the wealthy can grow even wealthier, and be "properly" served, but they seem to forget that this only lasts until the (inevitable) rebellion ensues. The pain dispensed to the unemployed? It is by design. 
      American business does want to force up profits.  Product without production looks very good to them.  Support for workers looks like a cost to them.  They need to understand that those are their customers.
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