I remember when I was younger, having low unemployment was considered a good thing, universally desired it seemed. Only in late stage capitalism is it a requirement that we have people who can’t find a job so the working class doesn’t get too uppity.
Reactionary take in response to billionaires being put in their place by a working class that is gaining back the union culture of the 20th century and pro-labour fervour of the 19th, assisted by the technology of the 21st.
More people are supposed to not have jobs, but at the same time, not be collecting unemployment or public assistance. So basically… go panhandle, live in a tent city, go to prison, or I guess just die is their suggestion.
If they died or went to prison then unemployment would go back down. The truth is they have no intelligent solutions and their economic beliefs are all make believe.
This effect was analysed in great detail by Marx in the 19th century, so it's not a characteristic of late stage capitalism, just of capitalism.
His term "Reserve army of labour" refers to the unemployed.
Taking them as a whole, the general movements of wages are exclusively regulated by the expansion and contraction of the industrial reserve army...
From Capital by Marx
Unemployment has to jump 40 to 50 percent, in my view. We need to see some pain in the economy. We need to remind people that they work for the employer, not the other way around
What a fucking asshole! True "we need to show those uppity peasant who's boss" energy 🤬
Employee and employer work TOGETHER. I would love to meet this guy in person, real let them eat cake energy. Anyway, where's my guillotine sharpener.?
I hope this isn't a bannable comment, but someone needs to bring out the fucking guillotine for these fucks.
What is it with property developers and being brainless dicks?
People having been throwing shit on plots of land since the beginning of time. It probably scratches that sweet spot of little thought and a lot of money that most people seem to be after.
“passive income!” when they talk to each other, but tons of hard work when described to anyone else.
We should indeed have more unemployed people, since we should strive to a world where nobody has to work anymore.
Implement Universal Basic Income.
This is the original "stop eating smashed avocado on toast" guy.
This guy need to improve the planet by being a lot less alive.
About 100% less should do the trick.
I live in his city and I will not hesitate to tip my $6.50 latte over his narcissistic noggin, should the opportunity arise.
Unemployment needs to jump 40-50%??? Is this guy seriously that utterly disconnected with reality? In Aus it’s never hit more than 12% in the last 4 decades, the economy would just collapse if unemployment got that high. It only got to 32% during the Great Depression in the US.
That's the difference between percentage and percentage points. If the unemployment rate were 5% then a 50% increase would make it 7.5%
An increase of 50 percentage points would make it 55%
utterly disconnected with reality
is there another way to accumulate that amount of wealth?
having said that, if unemployment is 10% and he thinks it needs to jump (and not to be 50%) then unemployment would be at 15%
"We need to see unemployment rise," he argued. "Unemployment has to jump 40 to 50 percent, in my view. We need to see some pain in the economy. We need to remind people that they work for the employer, not the other way around... There's been a systemic change where the employees feel that the employer is extremely lucky to have them, as opposed to the other way around."
You love to see it.
Also, lots of comments about guillotines here. We might get some concern trolls about that, but at the very least, it sure is a problem when a billionaire like Tim feels like he can say something so outrageous without any consequences.
Funny thing that we witnessed in Iran: Violence is not the answer until the very hour it is.
Law enforcement in Georgia are attacking mutual aid stations. They're recognizing and harassing the non-violent methods we would affect change.
And the billionaires are telling us they'd have us starve if we refuse to live as bonded servants.
This is how civil wars start.
The guillotine building industry has to jump to put these corporate dirtbags in their place
Stock market needs to go down to put arrogant Billionaire in their place.
We should put arrogant CEOs in their place.
Preferably in front of a firing squad or in a guillotine.
Rich people are loosing the fear of workers that was deeply ingrained in their DNA by the french. They should be afraid again. Maybe pinata economy is the most logic way to go.
i hate these greedflation causing piece of shits. complete and total arrogance. admiral klancy said it best
Unemployed Aussies should show up at his house.
Arrogant billionaire complains about having to operate in a free market. Oh the irony...
Lol. I actually read the article and it's Tim fucking Gurner.
I've got friends who work as consultants for his projects and it's more of a "do as I say" relationship. He buys up properties and then turns them into "luxury" apartments or hotels for his rich mates.
He's part of our affordable housing crisis.
And he goes on to make this statement. Good grief.
Pierre
Get the guillotine
as we know... good billionaire is dead billionaire
These retarded rich fucks don't really understand that the only reason society is not killing them yet is because many people have a shitty job which can at least feed them. You take that away and motherfucker hungry people will revolt.
I really do think it's time to break out the guillotines.
But if you consider the counter-argument, maybe arrogant billionaires need to be reminded again that the deal by which they wouldn't be dragged out of their homes and beaten senseless in front of their families was that they'd pay a living wage and deal with unions and submit to antitrust regulations
Another parasite sucking up all of our resources for itself.
As much as I bitch about Lemmy, I am glad to be on a platform where we can openly advocate to put the aristocracy in guillotines without getting banned or otherwise punished for it.
Some CEOs deserve to be fired... out of a cannon... at a brick wall... covered in large spikes.
Ok, lets start by labelling CEO's who don't do shit as "unemployed".
Next is every billionaire that don't pay the taxes they are owed.
Let's eat him first.
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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