IN A LAND OF PLENTY

"New Zealand used to have genuine full employment but in 1984 the newly elected Labour government turned unemployment into a tool of economic management with the aim of controlling inflation. The policies and institutions that sustained full employment were abandoned or reconstructed to maximise the new policy of 5 to 6% unemployment. This feature documentary tells the story of this transformation revealing what lies at the heart of the modern free market economy: a deliberate government policy of unemployment."1

FOOTNOTE
1. https://www.youtube.com/watch?v=4vzp2_K9d2s