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:
Anti-Politics & Beyond (Munich Book Launch - Audio)
Ruling Class Hysteria (Berlin Book Launch - Audio)
/268/ Emergency vs Emergency ft. Geoff Shullenberger
/267/ South Africa Mafia State ft. Benjamin Fogel
Excerpt: /266/ Reading Club: Foucault & Biopolitics
Excerpt: /265/ Three Articles: Inflation!
Excerpt: /264/ Aufhebonus Bonus
/262/ The Useless Past ft. Matt Karp
Excerpt: /261/ Three Articles: Macronistan
Excerpt: /260/ Reading Club: Fear II - Furedi
/258/ Conformist Rebellion ft. Elena Lange & Joshua Pickett-Depaolis
/257/ How to Boil a Frog (2) ft. Chris Bickerton
/256/ How to Boil a Frog (1) ft. Charles Devellennes
Excerpt: /255/ Reading Club: Fear I – Robin
/254/ Three Articles: Ukraine
/252/ Technopopulism & Toxic Politics ft. Carlo Invernizzi Accetti
/250/ Oil & Disorder ft. Helen Thompson
/249/ Dances with Truckers ft. Ashley Frawley
Excerpt: /248/ Aufhebonus Bonus
/246/ Why Isn’t There Revolution? ft. Vivek Chibber
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