Medicalizing Inequality Presentation

The introducson of regulason and of a social safety

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Unformatted text preview: apitalism would eventually implode and lead to communism because of the inherent contradicSons within capitalism. The introducSon of regulaSon and of a social safety net aVer Marx limited some of the worse effects of capitalism. He saw that intense capitalist compeSSon requires producers to constantly cut costs of producSon and labor, needing workers to constantly work harder. The gap between profits and wages becomes wider and wider, “theory of immiseraSon .” “The Reserve Army of Human Labor” Wall Street Journal May 2010: “The Industrial Reserve Army,” in reference to the almost 30 million under ­ or unemployed in...
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