Great Depression, 1932 elections, etc...
Forcing immigrants to learn/read English in some sort of compulsory program would help a lot.
Great Depression, 1932 elections, etc...
What's the difference between labour vouches that denote a value and currency that, uh, represent a value in exactly the same way?
Just that 1 labour voucher = 1 hour of any kind of work? Why not just pay people £5 per hour (min and max wage) of work then, or something?
The labour voucher is non-exchangeable between individuals. It can only be exchanged with whatever the workers' state offers (consumer goods, that is). It is a form of socialist currency designed to avoid accumulation of capital.
The labour voucher is non-exchangeable between individuals. It can only be exchanged with whatever the workers' state offers (consumer goods, that is). It is a form of socialist currency designed to avoid accumulation of capital.
Can I trade 1 item of cloth which I purchased but later realized I did not need for 1 bottle of liquor from my neighbor without being arrested?The labour voucher is non-exchangeable between individuals. It can only be exchanged with whatever the workers' state offers (consumer goods, that is). It is a form of socialist currency designed to avoid accumulation of capital.
The difference is that while the US public was generally conservative as well, the Russian workers were very militant and class-conscious beginning from the failed revolution of 1905. I suppose it could have been possible if you can make the Socialists grow and yet have a depression still hit the US, but that's still a matter of decades at the very least.