On unemployment.
The Covid crisis has led to millions out of work - but the situation was none too rosy before, either. Post-crisis recoveries seem increasingly 'jobless', while the overall labour force participation rate keeps falling as people drop out entirely.
We interview to Liz Pancotti of Employ America for a picture of what's driving US unemployment.
Then we talk to Aaron Benanav about his new book and learn that it's not robots who are stealing jobs, but rather capitalism's own stagnation. Why are both radical Keynesian ideas and UBI proposals no real solution? And, finally, what is the working class to do in a world with depressed demand for labour?
Running order:
Readings:
/291/ The Right Timeline ft. Mattia Salvia
/290/ Cassoulet of Disruption ft. Nathan Sperber
Excerpt: /289/ Aufhebonus Bonus (September)
Excerpt: /288/ Feudal Limpets (Bunga Goes Royal)
/286/ What Was Communism? ft. Branko Milanovic
/284/ Bungazão 2022 ft. Alcysio Canette
Excerpt: /283/ Reading Club: Trust & Mistrust
Bunga Holiday
/281/ Foreign Fighters, Left & Right (I) ft. Stefan Bertram-Lee
Excerpt: /280/ Three Articles: Liberal Nationalism
/279/ Society of the Speculative ft. Aris Komporozos-Athanasiou
Excerpt: /278/ Reading Club: Cynicism & Ideology
/276/ Broken Promises ft. Fritz Bartel
/273/ Eco-Leninism? [UNLOCKED]
Excerpt: /275/ Our Reply to Critics: Review of Reviews
Excerpt: /274/ Aufhebonus Bonus: July 2022
/272/ As Late As Necessary ft. Alex Gourevitch
/270/ Russia vs the West ft. Richard Sakwa
Excerpt: /269/ Three Articles: The 90s
Anti-Politics & Beyond (Munich Book Launch - Audio)
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