CHAPTER VIII
PALLIATIVES OF UNEMPLOYMENT
/. A Test for Palliatives. Do they Raise
Consumption ?
If under-consumption, chiefly due to excessive attempts
to capitalise unearned elements of individual income, is
the direct cause of the mass of unemployment, no remedy
will be effective which does not help to raise the general
standard of consumption. The radical and permanent
remedies will lie in the lines of that progressive movement
outlined in the last chapter. But our analysis must also
furnish a test which is applicable to the numerous proposals
which seek by special measures to cure or to alleviate
the malady of unemployment.
It is quite beyond the scope of this enquiry to examine
or even to describe most of these proposals. But some
short summary under several heads may be of service in
order that we may ascertain how far they satisfy the
essential economic test.
§2. Labour Bureaux as Clearing-Houses.
At the threshold lies the proposal for the establishment
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