> On Jul 2, 2015, at 5:19 PM, Carrol Cox <[email protected]> wrote: > > What I've been wondering is whether neoliberalism reflects a conscious > recognition of this need on the part of leading capitalists and their > ideologues. > > That would make sense of the determination of Germany to crush Greece, and > the support for this goal from other capitalist powers.
They've always been aware of the importance of unemployment. You can see it in Fed policy deliberations going back decades. Germany has also created a large low-wage labor market over the last 15 or so years - led by the Social Democrats. They've kept a lid on wages while productivity has risen sharply. They're looking to preserve that. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
