Room at the Bottom | Neal Ascherson
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📜Economic History
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In these years of recession, the most important export of the slackening economies of West Germany, France, or Switzerland is no longer small cars, machine tools, or electric motors, but unemployment. The southbound trains out of the great industrial centers still carry goods, but their most valuable freight consists of thousands upon thousands of small, dark men who sit on pasteboard suitcases with brown paper parcels on their laps, heading home. At the labor exchanges at Frankfurt, Lille, Geneva, long lines of indigenous workers and settled foreigners wait for their relief checks and seek new jobs. But it is the lines at the station ticket offices that count. The immigrant labor system, on which Western Europe now so heavily depends for unskilled work, ensures that the financial and …

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