Why Lower Unemployment Will Lead to a Rise in Prices?

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Polls argues that neo liberal monitorism restates in mystified form, the marxist idea of the reserve army of the unemployed. He says a lower unemployment increases worker's bargaining power and leads to inflation. Polls: Workers are discouraged and insecure; this is why we don't have to work aout inflation quite as much as we used to.

Inflation is once again at the center of political debate. Dan interviews Tim Barker to put monetary policy in its historical and class war context. Reading: Preferred Shares by Tim Barker phenomenalworld.org/analysis/wage-share email digradiopod@gmail.com for PDFs of the following two articles: The Vietnam War and the Political Economy of Full Employment by Dean Baker, Robert Pollin and Elizabeth Zahrt Class Conflict and the "Natural Rate of Unemployment" by Robert Pollin Support The Dig at Patreon.com/TheDig...and join The Dig's brand new Discord!