"...globalisation has given rise to the phenomenon of ‘jobless growth’. The growth of employment has always been lower than the GDP growth rate globally. Both these features put together mean that the purchasing power of the vast majority of the world’s population has been declining."Eh? What's the relation? It's like putting apples and oranges together and claiming that there is a fall in mango production this year. Ok. Ok. I think it's time I stop taking any communist seriously. As Amit Varma so succintly puts it,
"Let’s all just stay poor then, so there’s no danger of losing the money we haven’t had a chance to earn anyway."Someone teach these guys basic economics please!!