May 1st 2013, 19:35 by Economist.com

NEARLY a quarter of the world’s young people are economically inactive - not in employment, education or training. Failing to employ the young today damages growth now and in the future….. But the Economist misses the fact that rising surplus labor, those that do not work, is connected to the vicious cycle of capitalism that uses workers to cut the cost of labor for higher profits and replaces them with robotization and low wages — or incarerates them as disposable people, for-profit.

High government indebtedness, caused by plutocratic, capitalist theft, has left the public sector unable to help create jobs. Capitalism is creating a world without jobs, as I indicated in my work, Pity the Poor Luddite (http://www.dailycensored.com/pity-the-poor-luddite-the-end-of-work-under-capitalism-and-the-rise-of-the-surplus-labor-army/). (http://www.huffingtonpost.com/huff-wires/20130125/ap-us-great-reset-luddites/).

We are now, as the Economist notes, looking at a world without work and a world with more and more surplus labor and consequent violence, war and social unrest.

Add to this the suicide rate that is going up in the US and actually all over the world, and the future looks dim (http://www.dailymail.co.uk/news/article-2318586/Suicide-rate-middle-aged-Americans-soars-shocking-28-percent-year-period.html).

This does not have to be the state of the world and its people. Changing the way we produce and reproduce our lives, from a system that puts profit before people to one that puts people before profit, will mean that we must move from the suffocating rubber room of capitalism to the oxygenated new world of Socialism. Anything else will be just more fraud and wishful thinking.