Capitalism without work.
The writer discusses how capitalism is killing off employment. As global capitalism frees itself of all responsibility for employment and democracy, it simultaneously undermines its own legitimacy. Massive job losses have resulted from the realization by global capital that fewer well-trained peopl...
| Publicado en: | Dissent (00123846) Vol. 44; pp. 51 - 57 |
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| Autor principal: | |
| Formato: | Artículo |
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University of Pennsylvania Press
Winter97
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The writer discusses how capitalism is killing off employment. As global capitalism frees itself of all responsibility for employment and democracy, it simultaneously undermines its own legitimacy. Massive job losses have resulted from the realization by global capital that fewer well-trained people can produce more output and services in the information age. While the profit margins of the multinational corporations are growing, these same companies are stripping the high-priced countries of both jobs and tax revenue, thus undermining the provision of social services and democracy itself. The solution is for people to invest in civil society and to delegate power and authority to it. |
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