And I am trying to establish what you think that standard is. What standard are you measuring it against?
Because capitalism has proven to lift people out of poverty. No other form has done so. Even the socialist states that were lifted out of poverty were lifted out through capitalism.
So your argument does not hold any water.
1. No other form of commerce has performed better.
2. Your standard for poverty is skewed to that of a capitalist nation and not the rest of the world.
Full employment of capital resources is the Objective. Compensating Labor for Capitalism's natural rate of unemployment is a market friendly manner to achieve that End. What benefit does the inefficiency of capitalism's natural rate of unemployment provide for our republic or Labor, specifically?
Capital must circulate under capitalism to ensure liquidity in our market based system of Commerce.
Our economy benefits through greater participation in our markets, and provides an automatic stabilization effect, along with engendering a positive multiplier effect upon our economy
Where does it say that the "Full employment of capital resources is the Objective?"
Besides capitalism employs the greatest employment of capital resources than any other form of commerce and does so without government involvement. So our government is meeting its contract to provide for the general welfare of the public.
Compensating Labor for Capitalism's natural rate of unemployment is not a market friendly manner and will only result in more inefficiency.
What benefit does the inefficiency of capitalism's natural rate of unemployment provide for our republic or Labor, specifically? First of all capitalism is the most efficient form of commerce so I don't know what inefficiency you are referring to. There is no other form of commerce that is more efficient. Secondly, it is not our government's job or role to do so. Like I said before, no other form of commerce has performed better and your standard for poverty is skewed to that of a capitalist nation and not the rest of the world.
Yes, capital must circulate under capitalism to ensure liquidity in our market based system of Commerce, and does so just fine as long as the government does not interfere.