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One simple dynamic stands at the heart of this question. Most economic activity is driven by private enterprises where labor is the primary cost. Increasing profits and shareholder value is not only the necessary purpose of private enterprise and a matter of survival, but a legal obligation. This means, quite simply, that reducing labor costs is a ceaseless ...


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In the US in particular, and industrial capitalist states in general, financial policy aims to keep an unemployment level of between 4%-8%. You'll notice, for instance, that if the unemployment rate in the US gets too low, the Fed will raise interest rates, putting a financial hindrance on businesses that forces them to lay off workers. This unemployment ...


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It depends where you are. Many European countries, like Scotland, have free education to graduate level. The US has extensive bursary & scholarship funding, although this tends not to cover arts subjects - students of subjects such as anthropology & philosophy disproportionately run NGOs, and those subjects become class indicators that can bias ...


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