April 1, 2010
The mirage of ‘creating jobs’
In this time of crisis, unemployment is once again high on the public’s agenda. In the United States, even official unemployment has reached figures as high as 10%, and in many Western European countries things are not much better. Hundreds of billions in public debt have been piled up to combat this, because every politician knows that their continuance in office depends first and foremost on satisfying the constituents’ demands, and what they demand is jobs. But here as always the limits of the liberal understanding of the world show themselves immediately, namely in the way they go about defending their employment policies. Everywhere in the Western states the emphasis is on the process of ‘job creation’ by the capitalist market system. Everywhere the one criterion for a measure or bill is whether it will or will not make the market ‘create jobs’.
A recent article in Time magazine illustrates the issue quite well. Read the rest of this entry »