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The classic phrase for this is the "reserve army of the unemployed".[1] That goes back to Engels and Marx, around 1845. That's surprisingly early for industrial
by Animats 9mo ago
The classic phrase for this is the "reserve army of the unemployed".[1] That goes back to Engels and Marx, around 1845. That's surprisingly early for industrial unemployment. The Industrial Revolution was still starting up.
Farming economies ran out of land, not jobs.
[1] https://en.wikipedia.org/wiki/Reserve_army_of_labour https://en.wikipedia.org/wiki/Reserve_army_of_labour
- fuzzfactor 9mo agoGood point. In a controlled economy when it is dialed down and or slips out-of-control and dips downward, that's what you get. >Farming economies ran out of land, not jobs. That's quite a bit like a macro element of nature. Too many people for too few remaining resources either way.