A 77-year-old Polish essay can tell us something about our current state of employment

In Australia, it arrived with the Labor government's 1945But the idea and practice of "full employment" was never universally welcomed.Titled The Political Aspects of Full Employment, it became famous, years later, when its predictions came to pass.

"The entrepreneurs in the slump are longing for a boom; why do they not gladly accept the synthetic boom which the government is able to offer them?"Kalecki said the arguments business leaders used against full employment fell into three categories. "Under a regime of permanent full employment, the 'sack' would cease to play its role as a disciplinary measure," he reasoned.

BECAUSE IT IS ALL PAID FOR BY FEDERAL TREASURY

The problem in the 70s was the oil price. That was used as an excuse to promote the neoliberal policies. Now full employment is avoided so as to keep wages low. That is the stated Liberal aim.

Howard admitted that high unemployment was a deliberate feature of his economic management

grhutchens Oil and energy are the drivers of the economy. It's the 1973 oil crisis and a sudden increase in oil prices which ended full or high employment

The dropping of the full employment target has been a disaster for Australia.

So, the unemployed are unfairly demonised because they are essential to maintaining low levels of inflation and employers ability to have control. They're actual economic heroes! They don't get paid much for doing such an important job do they?

It tells us that big business is against workers' rights, and their fear of full employment as a result of government expenditure has defeated the possibility in previous attempts (and shows that big business and parties like the LNP are against both workers and human rights)...

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