PEN-L
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

[PEN-L:27394] Re: Re: nemployment before capitalism

Let me suggest a different context.  During the mercantilist period  --
yes, during capitalism -- the majority of the economists were very
concerned about putting everybody to work; that is, eliminating
unemployment.  The reason was the people had alternatives to wage labor.
Once those alternatives disappear, the threat of unemployment rather than
direct coercion become central to disciplining labor.
 --
Michael Perelman
Economics Department California State University Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx
[ Other Periods  | Other mailing lists  | Search  ]