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There are a lot of interesting issues here, but some distracting sloppiness as well. The piece starts by noting that our current market systems are coming up s
by m0llusk 5y ago
There are a lot of interesting issues here, but some distracting sloppiness as well.
The piece starts by noting that our current market systems are coming up short for laborers, but then suggests that a government job guarantee would somehow necessarily produce quality opportunities with fair compensation. It is possible that methodologies for making labor markets fair might apply both to market and government subsidized opportunities.
Cost disease gets called out with respect to education but is misunderstood. Education is not inherently a harmful cost but rather is having a problem with unsustainable cost increases that result in an existential threat. This phenomenon of labor intensive products becoming unreasonably expensive over time is extremely important to understand and characterize and should not be glossed over.