Fodman
25th March 2007, 14:33
http://www.socialistreview.org.uk/article....iclenumber=9895 (http://www.socialistreview.org.uk/article.php?articlenumber=9895)
basically it explains how the Reserve Army Labour keeps down wages, as it scares the workers who demand higher wages, as they can easily be replaced by members of this Reserve (unemployed)
it is in this sense that a capitalist country must have a significant amount of unemployed in order to maximise its rate of GDP, by keeping the workers in check with it - (8% unemployment is the rate at which the GDP could be maximised under capitalism - disgusting)
basically it explains how the Reserve Army Labour keeps down wages, as it scares the workers who demand higher wages, as they can easily be replaced by members of this Reserve (unemployed)
it is in this sense that a capitalist country must have a significant amount of unemployed in order to maximise its rate of GDP, by keeping the workers in check with it - (8% unemployment is the rate at which the GDP could be maximised under capitalism - disgusting)