Kalecki on full employment

Max Sawicky sawicky at epinet.org
Fri Oct 9 14:40:26 PDT 1998



>
>It's arguing that sustained full employment is politically impossible under
capitalism unless the state crushes labor. The ruling class just won't tolerate it for long. Places where full employment was previously tolerated, even encouraged - like Sweden during the high days of Soc Dem - no longer subscribe to the doctrine.>

So why does the U.S. tolerate it now at all, with all the current, pervasive weakness of the working class? What's to be afraid of?

MBS



More information about the lbo-talk mailing list