this post was submitted on 10 Apr 2026
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Labour
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Overall, very liberal framing and focused on the recent specific causes but not the structural causes. Why would a capitalist employ more people than they have to? Below arr two the links to us labor productivity (not sure which is more useful). The main takeaway is that productivity has gone up substantially which means less labor needs to be employed which means fewer jobs.
https://fred.stlouisfed.org/series/OPHNFB
https://fred.stlouisfed.org/series/RTFPNAUSA632NRUG
Also nothing about financialization with a debt economy growing more parasitic. Nothing about destruction of capital controls and regulations meaning jobs are impermanent. Nothing about the falling rate of profit pushing all of these factors and more.
Why understand complex and difficult cause and effect and the nature of the system when you can just blame Trump for everything bad that has ever happened?