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no2empire | 10 years ago

The profitability of poverty is foundational to how capitalism works. Workers work, heirs do not. How do heirs manage to expropriate wealth workers create during their surplus labor time? The answer is the reserve army of labor - keep people unemployed or underemployed as a level to use against those who do work.

One sign of this is that unemployment did not even exist several centuries ago in any kind of manner - all those who were capable (except again, those on top expropriating wealth created during worker's surplus labor time) worked.

This is openly discussed in the business press, like this (http://www.businessweek.com/1999/99_44/b3653163.htm ) BusinessWeek article "When is the jobless rate too low?" It's not a secret that those who control production are working to create unemployment, poverty etc. It's a foundation of the current economic system.

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