Agnapostate
Rookie
- Banned
- #21
The criticism that full employment is needed, regardless of cost, and a free market doesn't provide - in of itself holds no water. The Free Market shall, and should not, employ people against their will. For if employed - if they are given financial capital for a service (such as voting for the 'right' candidate) - they would undoubtedly produce a more inefficient system that is, in laymen terms, referred to as a "overheating" economic system. In which too many units of currency, or an approximation such as fiat legal tender, is 'chasing' to few goods.
Indeed, to have a medium of unemployment, is not - economically proven - to be bad in of itself. Undoubtedly, unwanted employment; the actual inability to possess any job of any kind, is a poor situation. Yet that sort of position is practically non-existent; most unemployment is voluntary to some degree or another.
For example in a hypothetical situation: you are, for lack of a better term, 'fired' from your job. Yet at any time, if you so desire, work is available simply by accepting lower nominal wage rates. Though many do not do this, thus unemployment. Literally, the best and most efficient use of a useless good. Which is, to be radical, a over educated bum who wants more money then he should get.
This all aside, what is your actual - technical - definition of one unemployed?
What are you even saying? You've strung entirely incoherent phrases together to render these paragraphs gibberish. Hence, none of this is even a response to any comment made in my post.