This is the final part of this series. I know you are as happy to hear this as I am to say it. I want nothing more than to put these unethical charlatans behind me.
How the geniuses at Endnotes buried the critical role of the state and crippled the argument for communization
In the next two sections of their essay, titled, respectively, Surplus Populations Under Deindustrialisation and Surplus Capital Alongside Surplus Populations, Benanev and Clegg must now explain how technological unemployment did not lead to the collapse of wage slavery as Keynes predicted. They have to show, why, despite growing surplus capital and a growing surplus population of workers, capital still managed to create hundreds of millions of new wage jobs world wide after 1973. Somehow we have to get a mass of excess capital and a mass of technologically unemployed workers to combine into millions of shiny new fast-food jobs and favelas.
Simple enough, right?
I thought so too. So, imagine my shock when, having not yet even begun to offer us an explanation, Benanev and Clegg summarily throw in the towel and tell us,
“Unfortunately we will be able to do little more that touch on this subject matter here, leaving a more extended treatment to Endnotes no.3.”
I was so disappointed.