Unemployment and Revolution - 1981 analysis of why unemployment occurs under capitalism. Many references to the particular conditions in Australia at the time - unemployment had reached its highest level since WW2 and there had been much debate in the media about the need for everyone to "tighten their belts" etc.
First published in August 1981 as an"Australian Political Economy Movement" conference paper.(Adelaide 8-9 August.1981) Republished subsequently by the Red Eureka Movement.
Part 7 was written one year after the original document. |
CONTENTS
(A) Brief Synopsis
Part 1: What is "unemployment"?
Other Societies
Science Fiction
Part 2: What "normally" causes unemployment?
The Labour Market
The Unemployment Pool
Changes in the Level of Unemployment
Part 3: What regulates unemployment?
What Do the Unemployed Actually Do?
How Unemployment Regulates Wages
Booms and Busts
Wages and Class Struggle
Union Solidarity
Arbitration and Wage Indexation
Capital Accumulation
Technological Change
Job Creation and Destruction
Part 4: Technological unemployment
Is It Technological?
"Controlling" Technology
Part 5: "Cyclical" Unemployment
Anarchy of Production
Planning and Money
Profitability
Overproduction
Are Wages Too High?
Stimulating Demand
Economic Crisis
Part 6: Solutions
"Giving Fraser the Razor"
Blowing Up the Balloon
Fine Tuning
Political Facts
Shorter Hours and Higher Pay
Expanding the Public Sector
Workers' Co-operatives
Labor to Power with Socialist Policies?
Economic Consequences of Statism
Protectionism
"Militant Struggle"
Revolutionary Optimism
Part 7: Revolution
We Need a Program
Expropriating Big Business
Central Planning
Labour Policy
The Struggle for Control
Socialist Management
Investment Planning