In a viral speech, the Australian multimillionaire argued for more unemployment as a corrective to workers’ attitudes toward employers.

Tim Gurner, the viral Australian multimillionaire who wants more workers to be unemployed, was debunked by an economist in 1943.

  • MidwestComrade@lemmygrad.ml
    14·
    1 year ago

    it’s not stupid; having a “reserve army of labor” of desperate people in unemployment willing to work for less than employed people is intentional.

    Having all these people desperate to work for less wages than already-employed people do serves to drive down wages and therefore drive up profits for the employer class

    • TurtleJoe@lemmy.world
      5·
      1 year ago

      This is also the real reason why conservatives are again pushing to do away with child labor restrictions in the US. If a child is allowed to do the job for a lower wage, it lowers the wage for adults, too.