American and European Experiences, Greek workers, Turkish
A tendency to generate unemployment may be inevitable consequence of a market system, but it is not an inevitable evil. You can administer a capitalist system with high levels of employment - paying most likely the price of considerable degree of inflation.
A critic might question the low unemployment rate was achieved in some European countries because they used Greek workers, Turkish, which were returned to their countries of origin when the economy declined. The most commendable example is Switzerland, which boasted of less than 1% unemployment or inflation in 1978!
The problem was realized in the United States to the political changes that serve as an introduction to the prerequisite of the types of employment programs that have proven their value in other capitalist countries. This may involve a very difficult problem, but a different problem of defeating admission that the economic system itself may not work properly.
[...] There is a core of dependent companies of military expenditure to its own existence. So a cut in military spending will be deeply felt in certain areas, where there can be no other jobs available, or in companies that are "captive" of the Department of Defense. These companies and areas, practice intense lobbying in favor of military defense, which depends on their own survival. It's the same with your representatives in Congress. And this is what makes it so hard the problem of cuts in military spending. [...]
[...] The condition of freedom is eternal vigilance. THE PROBLEM OF ECONOMIC GROWTH These are some obvious problems for the US economy (inflation, unemployment, military dependence). But no one put growth as a problem, rather, he was regarded as the greatest of all system beneficial. Question the usefulness of more wealth seemed irresponsible. REFERENCES: Heilbroner, Robert L., The formation of the economic society, 5th Edition Ed Guanabara - . RJ ROSSETTI, José Paschoal, Introduction to economic. [...]
[...] There is a difference between the two periods. The post-World War Two was greatly facilitated by the presence of a huge pent-up demand civil. Today, there is no evidence of consumer unmet needs. Or unless Americans are willing to undertake an ambitious public spending program or tax cuts, it is almost certain that this would cause serious unemployment. In conclusion, a substantial cut in military expenditure seems highly unlikely. We will have to live with for a long time with the military substate. [...]
[...] As the war was ending this percentage dropped to 5%. Military spending fell. The problem is that the spending and jobs related to war activity are not evenly distributed throughout the system. This concentration of military activity was still a reality of American economic life in the late 70. The impact of a cut on these medium-sized communities can be devastating. And, the die military engagement focuses on special skills, as well as a core of companies directed to military activity. [...]
[...] American and European Experiences A tendency to generate unemployment may be inevitable consequence of a market system, but it is not an inevitable evil. You can administer a capitalist system with high levels of employment - paying most likely the price of considerable degree of inflation. A critic might question the low unemployment rate was achieved in some European countries because they used Greek workers, Turkish which were returned to their countries of origin when the economy declined. The most commendable example is Switzerland, which boasted of less than unemployment or inflation in 1978! [...]
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