In his fascinating article called “Marx Was Right: Five Surprising Ways Karl Marx Predicted 2014”, Sean McElwee says:
No less an authority than the Wall Street Journal warns, “Lately, the U.S. recovery has been displaying some Marxian traits. Corporate profits are on a tear, and rising productivity has allowed companies to grow without doing much to reduce the vast ranks of the unemployed.” That’s because workers are terrified to leave their jobs and therefore lack bargaining power. It’s no surprise that the best time for equitable growth is during times of “full employment,” when unemployment is low and workers can threaten to take another job.
This makes sense, but I’d like to point out that another way to get bargaining position for workers is to make it possible for them to exist in some dignified way without a job.
And since there are not enough jobs to go around even in our overheated excessive and wasteful economy, it makes no sense to ruin (and anger) people just because they lost a round of musical chairs.