No, it's may distortedly reflect the values of capitalism due to political interference, but it exists in spite of the current mode of capitalism, not because of it.
Is a basic of neoliberal economics - maintain a reserve labour pool of a suitable size to create downward pressure on employment remuneration and rights - why repeat whateveryone already knows when you could say something informative?
Nothing to do with
insuring against your political culture developing anywhere beyond the "mouthy sloganeers in leather trousers" stage, then?
Your conclusion is base on...?
Bag of arse. Remove the Jubilee nonsense, and the Olympic bullshit, and there's bugger-all belief in the state, and the main stumbling block to a republic is concerned with some fuckwit part of "the state" taking on the role of "head of state". President Osborne, anyone??
Again, you base this on...?
The most resistance comes from the working class, of any and all colours and national derivations. We have more to lose from not heeding the discourses around conforming behaviour, but we also have less to lose in terms of emoluments, because we haven't had the bread or the circuses anyway.
Hippy bollocks.
He never saw just how dysfunctional post-industrial life is, did he?