Maintaining an ‘army of unemployed’

In a country as rich as ours, why do so many working people live in poverty all of their lives?

In a country as rich as ours, why do so many working people live in poverty all of their lives?

Capitalism wants it that way. Many people get paid minimum wage. To prevent companies from having to contribute to EI, pensions or health care, many workers are hired on a part-time basis.

Also, as soon as people earn a little more than a government imposed level of revenue, government assistance is cut off, depriving those people of improving their standard of living.

If it is a large company, and workers are asking what the CEOs think is a ridiculous raise (any raise is considered ridiculous by management), the company declares bankruptcy, puts everyone out of work (they don’t get a pension because the company has already stolen that money), the CEOs withdraw some money for themselves from their off-shore accounts, and then they set up another company under a new name, using a pool of unemployed workers. By maintaining an “army of unemployed,” companies perpetuate the system of making workers so desperate, they will accept any job, even part-time jobs, at minimum wage. And so, the circle is unbroken.

Bob Abrahams

Nelson