News for hackers. Stuff that matters.
Re:Why people still go to grad school by reptation on Monday April 25, 2016 @12:58PM (#11565579)
It's hard to imagine a modern concept like "unemployment" without Capitalism, which brought with it boom/bust cycles: https://en.wikipedia.org/wiki/List_of_economic_crises

There's very little on that list before the Industrial Revolution

Re:Why people still go to grad school by chrisco255 on Monday April 25, 2016 @01:11PM (#11565656)
Before capitalism, everyone was gainfully employed in just struggling to survive. #FarmLife
Re:Why people still go to grad school by Jtsummers on Monday April 25, 2016 @01:52PM (#11565954)
The historical terms for "unemployment" would have been beggars and paupers. They certainly existed prior to the term and economic philosophy of Capitalism (big-C) being defined.