SMILING CARCASS'S TWO-PENNETH

Commenting on social, political, economic and general topics

Ernest Bevin on Capitalism’s Deliberate Creation of Unemployment

leave a comment »

Beastrabban\'s Weblog

Ernest Bevin pic

I found this quotation by the trade unionist and Labour politician, Ernest Bevin, in Francis Williams’ biography of the great man:

Unemployment is not accidental. it is deliberate on the part of the capitalistic system. The one weapon in the hands of the capitalist is starvation, not his brains, ability or managerial capacity, but his ability to hold or withhold the means to life to break you when your children cry for bread. (p. 91).

This is all too true. The Libertarians of the Chicago School recommended that there should be a constant unemployment rate of 6 per cent in order to prevent wages rising. And Margaret Thatcher’s administration deliberately destroyed British heavy industries, such as mining and steel, in order to break the unions.

View original post

Advertisements

Written by Smiling Carcass

30/07/2014 at 12:39 AM

Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: