Unemployment: Is There Light At The End Of The Tunnel?

Dr. Michael LaitmanOpinion: (Ben Bernanke, Federal Reserve Chairman): ‘“I do think that a considerable part of the unemployment that we are seeing is cyclical. Final comment, cyclical unemployment left untreated, so to speak, for a long time can become structural unemployment as people lose skills, they lose attachment to the labor force.’

‘“Unemployment is far too high. Inequality, which is not a new phenomenon – increases in inequality have been going on for at least 30 years – but as that has continued, we have a more unequal society than we’ve had in the past.”’

My Comment: Unemployment and inequality will continue to grow until market capitalism is replaced by the system of mutual guarantee with reasonable consumption. We can come to it through wars or through a deliberate change.

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One Comment

  1. As of yet, and due to my limited perception it does not feel like there is any person on a high enough “Level” to affect the General System without there being conflict and war.

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