– Europe’s Modest Proposal To End Unemployment: Slavery (ZeroHedge, Jan 24, 2014)
Having spent weeks talking amongst themselves about the chronic and dangerous rise of youth unemployment in Europe (as we warned here), the Center of planning and Economic Research in Greece has proposed a controversial measure. As GreekReporter reports, the measure includes unpaid work for the young and unemployed up to 24 years old, so that companies would have a strong motive to hire young employees. “Unpaid” work sounds a lot like slavery to us… but it gets better; the report also suggested “exporting young unemployed persons.” No comment…
Europe’s youth unemployment problem is epic – 24.4% of Europe’s under-25 population is unemployed…
GreekReporter notes the solution to Greece’s problems…
Centre of planning and Economic Research in Greece has proposed a controversial measure in order to deal with the problem of increasing unemployment in the country.
The measure includes unpaid work for the young and unemployed up to 24 years old, so that companies would have a strong motive to hire young employees. Practically, what is proposed is the abolition of the basic salary for a year. At the same time the “export” of young unemployed persons was also proposed to other countries abroad, as Greek businesses do not appear able to hire new personnel.
According to the National Confederation of Hellenic Commerce, unemployment especially hits the ages between 15-24. The unemployment rate in Greece stands at 24.6% while 57.2% of young people are without a job. The majority of the unemployed (71%) have had no work for 12 months or more, while 23.3 % of the total have never worked. There were 3,635,905 people employed and 1,345,387 unemployed.
Whether it’s Europe in the 1930’s or the US during the same period (conflicts between strikers, the National Guard and armed militias), unemployment can create a powerful cocktail of unrest.
But turning your nation’s young into slaves does not seem like a good solution to us…
This is insane. A friend of mine often says the world has gone mad, and I think he is correct.
There is a school of thought that since the French commune of 1795, the world has been slowly losing it’s reason. The idea the people could rule was considered laughable, and that as mindless as most people are, the results would be disastrous.
Today, I am afraid that school of thought was correct. As much as I believed a nation run by its people was a grand one, it has shown itself to be a sham. People are too lazy and thoughtless……..and we end up with debacles such as we encounter daily these days.
The time to rise up was the coup of 2000. Instead, people went to sleep and let their country be hijacked. Now, with all civil rights removed, it is too late. The bankers have run amok with our wealth, and everything we ever stood for has been run over with a steam roller.