The logic of capitalism; the unemployed and the superfluous

Giuseppe Pellizza (1868–1907), “The Fourth Estate” (oil)
Translated from the French by Tom Sunic
Below is the interview A. de Benoist gave recently to Boulevard Voltaire.
Q: Despite repeated promises of politicians, both from the right and the left, nothing seems to be stopping the rise in unemployment. Is it something inevitable?
A: Officially, there are 3.5 million unemployed in France, which means that the unemployment rate stands today at 10.3%. This figure, however, varies depending on how it is being computed. The official statistics take into account only the category “A”, i.e. those who are unemployed and who are actively looking for a job, while leaving out the categories “B”, “C”, “D” and “E”, i.e. those looking for a job although having had some reduced work activity as of lately; those who have stopped looking for a job but are still unemployed; those receiving training; those in traineeship; those working under “subsidized contracts”, etc. When adding together all these categories, one reaches the real unemployment rate of 21.1% (more than double the official figure). If we refer to the overall rate of the inactive population of working age, then we arrive at 35.8%. Moreover, if we were to take into account insecure, part-time, or short-term jobs, as well as the number of the “working poor”, etc., then this figure keeps getting higher.
Undoubtedly, changes in unemployment depend on the official policies—but only to some extent. Today’s unemployment is no longer of a cyclical nature, but primarily structural, something many have not fully understood yet. This means that work is becoming a scarce commodity. The jobs that have been lost are less and less being replaced by other job openings. Of course, the expansion of the service sector is real; yet the service sector does not generate capital. Moreover, twenty years down the road almost half of those service sector jobs will be replaced by networked machines. To imagine, therefore, that someday we shall return to full employment is an illusion. Read more