I’m willing to bet there are a number of areas in which I would disagree with this guy, but his point about stability is worth taking in.
This doesn’t just apply to employment under capitalism. It’s key to how a lot of systems keep going, despite all their obvious problems. Most systems of governance work decently for most people. If people have their basic needs met (including stuff like having free time) in a stable manner, they’ll put up with a lot of bullshit. Part of the reason I was OK working as a cashier after leaving my job writing curriculum was because it provided me with a reliability that my academic, grant-paid work could not. My salary as a curriculum writer was higher, and I had excellent benefits, but none of that mattered much when work that would have been funded in the past wasn’t, and I found myself facing 4 hours of work per week with no benefits. I was more invested in the work than in ringing up camping equipment, but what I really needed, before everything else, was to know that I could pay the bills. Short of that, I needed to have some reasonable expectation that a period of being unable to make ends meet would lead to being able to do so more reliably in the future.
I think this is also why there’s so much effort in the United States to hide the fact that people in the USSR generally ate as well or maybe even better than Americans, people like Chris Matthews might have a real fear of being executed by Bernie for being too rich, but that’s a worry for the ruling class. For everyone else, the threat was either nuclear war (which I’m told would make it difficult to enjoy a stable day-to-day life) or starvation. Throughout my entire life, I’ve heard people in the US talk about the horrible conditions in all these “socialist” countries around the world, that was DEFINITELY not in any way connected to the economic sanctions placed on them by the most powerful country in the world.
The threat of instability and uncertainty have always been used to prevent economic and political change. It will be interesting to see what happens to that dynamic now that our destabilization of the climate is making certainty and stability increasingly difficult to maintain.