Inhaltsangabe
Excerpt from The Problem of the Unemployed, an Enquiry and an Economic Policy
It is hoped that this restatement of the position, by its specific application to the concrete problem of the unem ployed and by the central importance assigned to the idea of Under-consumption, may avoid some of the mis understanding to which earlier statements were liable. By its explanation of Unemployment as a natural and necessary result of a mal-distribution of consuming-power, contained in economic rent and superfluous elements of profit, the argument claims a distinct place in the theory of social progress.
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The Problem of the Unemployed, an Enquiry and an Economic Policy
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Paperback. Zustand: New. Print on Demand. This thought-provoking book dives into the complexities and misconceptions surrounding unemployment, which has long been viewed as a personal moral failing rather than a systemic issue. The author argues that unemployment is instead an intrinsic aspect of economic downturns, known as trade depressions, and pinpoints excessive capital accumulation as the direct cause. Through an analysis of historical data and real-world examples, the author demonstrates that economic growth and productivity outpace consumption, resulting in a surplus of labor and a stagnant economy. They challenge the prevailing view that personal thrift and saving contribute to economic prosperity, instead arguing that excessive saving actually inhibits consumption and stifles economic activity. The book concludes with practical policy recommendations and remedies to address this imbalance and promote sustainable economic growth. This book offers a groundbreaking perspective on unemployment, highlighting its systemic nature and the crucial role of consumption in driving economic prosperity. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330589748_0
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