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The main issue with that notion is that the statistics simply favor excluding a lot of people from being counted as employed or unemployed. There's a rather lar
by jillesvangurp 5y ago
The main issue with that notion is that the statistics simply favor excluding a lot of people from being counted as employed or unemployed. There's a rather large third group of simply not working that is problematic in the sense that these people still need taking care off financially (healthcare, housing, education, etc.).
A lot of people that are not technically unemployed are also not working fall into a few groups: those that are dependent on others to work; those that are too young or too old to work; and those that have simply given up on the whole notion of working because they are no longer able to physically or mentally (or both).
And there is of course a big problem with poverty even among those that work. So unemployment figures look great. Poverty figures, not so much. IMHO basic income would be a fair and simple way to ensure we get rid of poverty that should not break capitalism.