The remedy for unemployment

TL;DRAbstract

Alfred R. Wallace's "The Remedy for Unemployment" advocates for a radical shift toward genuine Socialist principles, arguing that chronic unemployment and poverty cannot be solved by temporary, localized schemes, but only by organizing production for use and not for profit on broad national lines. The core remedy is Herbert V. Mills' detailed plan to establish permanent, self-sufficient Co-operative Estates—large tracts of land (2,000+ acres) accommodating 4,000 to 5,000 people—where unemployed workers would collectively produce all their own necessities, such as food and clothing. This cooperative system, which dictates that at least four-fifths of all work is done for home consumption, is financially sound because it eliminates the immense waste of middlemen, retailers, and advertising. Expert calculations show that this model requires only about six hours of daily work to provide abundance for the entire community, including the sick and aged. Wallace maintains that this approach ul

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