Stop the Wars at Home and Abroad!

Mass Unemployment is a Failure of Capitalism

by Richard D. Wolff, published on NewsClick, May 10, 2020 The difficulties caused to workers by record unemployment during the pandemic are a product of capitalism. Most of the time, employers decide to hire or fire workers depending on which choice maximizes employers’ profits. Profit, not the full employment of workers nor of means of production, is “the bottom line”[…]

Read more