Ernest Bevin on Capitalism’s Deliberate Creation of Unemployment
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.