• UnderpantsWeevil@lemmy.world
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    4 months ago

    layoffs happen all the time for many reasons

    Layoffs are the result of primitive capital being monopolized through enclosure and the local labor force being corralled into industries that generate more goods than the deflated economy can absorb.

    There’s no layoffs for yeomen farmers and independent craftsman. You only experience the phenomenon when land barons control the property and dictate how many people they wish to employ.