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GROWING PAINS.


Like a flock of noisy parrots squawking at the bottom of the garden, government and business spokespeople never cease chorusing that the only way to overcome unemployment is through more economic growth. This is in complete contradiction to the fact that there has in Australia been continuous growth now for many years past, resulting in over a million people with no paid work at all.

Albert Einstein was far more realistic when he wrote in The World as I See It in 1935:

Only a fraction of the available human labour in the world is now needed for the production of the total amount of consumption goods needed for life ... therefore the number of hours per week ought so to be reduced by law that unemployment is systematically abolished.

Could it be put more clearly than that?

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Title Annotation:economic growth and labor
Author:O'HARA, KEN
Publication:Arena Magazine
Article Type:Brief Article
Geographic Code:8AUST
Date:Oct 1, 2000
Words:137
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