Because the capitalists actually need a bunch of us to be unemployed and homeless, because the unemployed and homeless act as the reserve army of labor. If the government allowed the reserve army of labor to all kill themselves, then the remaining people would actually be able to use the suicide-created labor scarcity to negotiate better wages, and that cannot be allowed.
Ultimately, this policy is a fancy way of doing basically nothing while attempting to increase the reserve army of labor by forcing more people to have to apply for the same jobs, thus driving the wages down.
If the UK really cared, they could attempt to rebuild their industry which would provide jobs and real GDP growth. However, that isn’t as profitable as making money in London by just moving cash around.
Because the capitalists actually need a bunch of us to be unemployed and homeless, because the unemployed and homeless act as the reserve army of labor. If the government allowed the reserve army of labor to all kill themselves, then the remaining people would actually be able to use the suicide-created labor scarcity to negotiate better wages, and that cannot be allowed.
Ultimately, this policy is a fancy way of doing basically nothing while attempting to increase the reserve army of labor by forcing more people to have to apply for the same jobs, thus driving the wages down.
If the UK really cared, they could attempt to rebuild their industry which would provide jobs and real GDP growth. However, that isn’t as profitable as making money in London by just moving cash around.
I never thought of that, but it sounds horribly correct.