Capitalist Rationality on Display: Global Stock Markets Fall as Workers Find Jobs

Capitalism likes to imagine itself as a rational economy. So how rational is this?

The stock markets fell throughout the world in response to a jobs report which said that more workers were being employed. In a rational economy its health would be improved if more workers found jobs. But for capitalists, if workers are employed the chances of Fed interest rates going up are greater.

Read in WSWS

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