Capitalism depends on the threat of homelessness to function.
No it doesn’t
Market economies don’t. Capitalism OTOH by definition has an exploitative class and that class needs a whip to enforce their status. The two have been equivocated a lot by capitalist propaganda, same as they’re equivocating free and unregulated markets (which couldn’t be further apart in reality).
And it doesn’t need to be homelessness as such, it can be many things. The actual question is one of power, whether workers have a realistic option to say “nope, not that shitty a job for that shitty a wage” and tell the bosses to shove it. Can’t exploit someone who can say “fine by me, I’ll get a table saw and start to do some carpentry”.
Market economies don’t. Capitalism OTOH by definition has an exploitative class and that class needs a whip to enforce their status. The two have been equivocated a lot by capitalist propaganda, same as they’re equivocating free and unregulated markets (which couldn’t be further apart in reality).
And it doesn’t need to be homelessness as such, it can be many things. The actual question is one of power, whether workers have a realistic option to say “nope, not that shitty a job for that shitty a wage” and tell the bosses to shove it. Can’t exploit someone who can say “fine by me, I’ll get a table saw and start to do some carpentry”.