[Xmca-l] The unemployment is an essential requirement of capitalist society.

[Harshad Dave]

Hi,
This refers to the words of Exchequer as follow,

"the British Chancellor of the Exchequer,
Norman Lamont, expressed in a famous remark to the House of Commons
in 1991, made all the more chilling because of the way in which it connects
to the logic of social reality: ‘unemployment is a price worth paying’ for
economic and political stability (The Observer, 19.5.91)."

My views say that labor against money-wage is an exchange. Here exchange
ratio gets determined by fixing an amount of wage against some determined
hours of labor.... say 8 hours.
The exchange process ultimately freezes an exchange ratio and there are
various parameters of influence that impacts on the determination of
exchange ratio.

"Helplessness" of either party in the exchange process is one of the
sensitive parameters that exerts influence in favor of the party that is
not helpless. Its influence impacts on the determination process i. e. to
freeze the exchange ratio in favor of the party without helplessness.
Now, unemployment is such a social situation that persistently
(incessantly) keeps the labor force of the society under the burden of
helplessness. The exchange process between labor and money-wage is now a
process where the Master always gets a helpless party (labor) while
determining a wage amount against 8 hours labor. The parameter of
helplessness offers the Master upper hand to dictate an exchange ratio
favorable to him (Master) only.

So, no capitalistic society can afford complete unemployment in the society
because it will reduce the dictating status of the Master. However, the
politicians who rule the social system are responsible and entrusted to
maintain the show by the capitalist crook only. The politicians provide
their services with protected remedial actions against unemployment in such
a careful way that it should never go below a certain level or reach to zero
. But, it surely ensures required unemployment in the society. At the same
time, it should never cross such a higher limit that might threaten a major
collapse in the social productive system due to unemployment unrest. The
politicians do this work as agents of capitalist people and claim their
benefits against the service from the system.
I sense the same sound in the words of Norman Lamont.
regards,
Harshad Dave
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://mailman.ucsd.edu/pipermail/xmca-l/attachments/20200827/146089cc/attachment.html