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> Okay fine, but here's the details that are very important to remember: economies don't run on jobs, they run on the creation and distribution of scarcities.
by joelthelion 15y ago
> Okay fine, but here's the details that are very important to remember: economies don't run on jobs, they run on the creation and distribution of scarcities.
The problem is that are current economy relies on jobs to distribute the wealth. We need a new system, and we need it fast, because things are changing quickly.
- protomyth 15y agoare there actually less jobs than there were 100 years ago?
- randallsquared 15y agoI would suggest that there are many less jobs than there were 100 years ago, and that the reason it didn't seem that way in, say, 1999, was that there were lots of non-market reasons to avoid firing people which kept those jobs until a real recession hit.
- protomyth 15y agoI would dearly love a link to hard stats proving the number of jobs has been reduced. See brianbreslin's comment for a counter example.
- randallsquared 15y agoHere's a link: http://www.nber.org/chapters/c2644.pdf http://www.nber.org/chapters/c2644.pdf After a bit of reading, though, it seems I'm wrong. If this study is to be believed, employment rates around 1900 were quite chaotic.
- protomyth 15y agoWow, they are going through some serious gyrations to figure out the rates. You're right, that is some serious chaos. If I get their figures right (kinda hard), it seems like the number of jobs available is greater now than in 1900, but that might take a while more to verify. nice find.
- brianbreslin 15y agosurely there were no computer programmers, social media marketers, or logistics experts 100 years ago...
- ori_b 15y agoYes. We've also reduced the number of people elegible to fill them. For example, children are no longer allowed to work in factories, mandatory vacation time and benefits have increased, etc. And yes, we still have trouble finding enough jobs for people.
- protomyth 15y ago> And yes, we still have trouble finding enough jobs for people. Well, North Dakota has 15,000 open positions right now. It would seem mobility of people has something to do with unemployment also.