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[Pen-l] lump of labor



From: Carrol Cox <cbcox@xxxxxxxxx>


If the reduced hours did result in anything like full employment, wages
might fall _very_ temporarily, but then they would almost certainly
begin to climb, and fairly rapidly I would think, as larger work forces
would be required and competeition for labor would develop. Isn't that
usually the effect of full employment?

Carrol

^^^^^
CB: Also, with true full employment, there would be no pool of
unemployed workers to break strikes as scabs. So, more strikes would
be won, and wages would rise.

This is a basic reason that the bourgeoisie oppose full employment.
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