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Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.

I think that... discrimination in the job market is a very important area where work needs to be done.

If you're in your early 20s and you're hanging out with a bunch of other people in their early 20s, nobody has a sense of the kinds of problems that real 'workers' run into every day. They're running into a completely different set of problems like 'What's the party going on right now that I should be going to?'

Crime, family dissolution, welfare, and low levels of social organization are fundamentally a consequence of the disappearance of work.

Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.

When large numbers of men are unable to find work, unemployment results.

The shock of unemployment becomes a pathology in its own right.

Fortunately, problems are an everyday part of our life. Consider this: If there were no problems, most of us would be unemployed.

The people who do not get jobs are often the most vulnerable in our society, and joblessness is a terrible plight for anyone who suffers from it.

While housing discrimination and segregation in 2005 still affect millions of people, that's not the way it has to be. Some things can change and should.