Unemployment isn’t a collection of separate problems, but a single issue rooted in how we consume and produce—and this book shows how to fix it.
This is a rigorous look at why unemployment persists in modern economies and how it connects to broader trade depressions. It argues that the unemployed arise from a misdistribution of consuming power and a pattern of saving that can slow or halt industry. The book traces how under‑consumption and excessive forms of capital can reduce demand, and what this means for real policy choices.
Beyond analysis, it offers a practical path: rethinking economic policy to raise consumption, adjust savings, and guide reform. It weighs the limits of public relief and public works, and it outlines a framework for remedial action that stays focused on the consumer’s needs as the central target of policy.
- Understand the link between unemployment, under‑consumption, and trade downturns.
- See how saving and investment choices can impact overall demand and employment.
- Explore broad policy directions that aim to increase consumption and align capital with real needs.
- Evaluate the role of public measures and relief work within a balanced economic plan.
Ideal for readers seeking a historically grounded view of unemployment and practical steps toward stronger demand-driven growth.