Antiwork

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We're trying to improving working conditions and pay.
We're trying to reduce the numbers of hours a person has to work.
We talk about the end of paid work being mandatory for survival.

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CEO says COVID gave us bad habits, prescribes unemployment of 40-50% (twitter.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Property developer and CEO Tim Gurner: "We need to see unemployment rise. Unemployment has to jump 40, 50 percent in my view. We need to see pain in the economy. We need to remind people that they work for the employer, not the other way around."

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[+] [email protected] -6 points 1 year ago* (last edited 1 year ago) (2 children)

37,000 people die for every 1% increase in unemployment

This is a made up figure from the movie The Big Short, it isn't an actual figure, lmao.

Also, this is about Australia.

[–] [email protected] 42 points 1 year ago

No, the number comes from a macroeconomics text book written by Gregory Mankiw and its based on research by Harvey Brennan studying the correlation since the 1950s.

[–] [email protected] 15 points 1 year ago (1 children)

You are right it that economics is all fake and made up. However there is a nonzero number of deaths and misery we can attribute to every person being miserable and stressed

[–] [email protected] 11 points 1 year ago

Add them to the Black Book of Capitalism