The “Great Recession” may have “technically” ended in June 2009, but what really matters are full employment and a steadily increasing quality of life. Capitalism’s inability to provide this is not due to individual malice or indifference— though there are plenty of sociopaths on Wall Street—but because under capitalism, creating jobs and paying workers are mere afterthoughts to the real reason for the system’s existence: profits. This is the inner contradiction and absurdity of a socio-economic form that can exist only through the exploitation of workers, and yet is unable exploit all the able, willing, and available workers, millions of
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