3 ms·
I really don't like using employment as the only valid measure of success. See also David Graeber's "Bullshit Jobs" essay. Government could always create jobs,
by Matumio 7y ago
I really don't like using employment as the only valid measure of success. See also David Graeber's "Bullshit Jobs" essay.
Government could always create jobs, directly or indirectly, and force the unemployed into them, producing something for which there isn't really a demand.
Why were those people quitting their jobs? What were they doing instead? Were they better off? How much did it cost to get those improvements, compared to other ways to get them?
- timwaagh 7y agoPeople quitting their jobs means a not-quite corresponding economic decline because labor productivity can't change in the short term (not quite because these are lower-productivity jobs). Which means less taxes and thus less money to fund programs like this. But more importantly in an import-free economy, less stuff gets produced so everyone would have to make do with less. That's why it's generally considered important.