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There's a better fix for this. Stop measuring success by how far away you have to live from your mum to get a job. Once we have a Job Guarantee, not only does

There's a better fix for this. Stop measuring success by how far away you have to live from your mum to get a job. Once we have a Job Guarantee, not only does that mean interest base rates remain at zero permanently (ensuring permanently low mortgages), but it also means you can live where you want in the country. Business then has to go where the people are if it wants any labour - which of course it largely can in a majority service based economy. Stars shine not because of gravity, but because of the outward pressure that stops them collapsing in on themselves. Countries need to adopt similar policies if they wish to shine and not collapse.

KPGv2 3y ago
>it largely can in a majority service based economy Is your plan here to consolidate all capital in the hands of a few corporations? Because most businesses cannot just move somewhere else because their owners cannot just move somewhere else.
Eumenes 3y ago
> Once we have a Job Guarantee What's a job guarantee? Anyone who wants a job can get one.
jncfhnb 3y ago
I would love to read more on this.
friend_and_foe 3y ago
You have a very naive view on this topic. You can't give eveveryone a Job Guarantee™, because the only natural job guarantee is that your efforts benefit someone else. If your work is not productive someone else pays the cost, you wind up in a zero sum situation. Also, I fail to see how such a system would mean interest rates remain at zero permanently, or how it ensures permanently low mortgages for interest rates to remain at zero permanently. Perhaps you can elaborate on the mechanism you envision when you talk about this. You can't outlegalese network effects, all you can do is shift cost around. This is why these sorts of schemes always have unforseen negative consequences, because people naively think they've found a silver bullet. You probably have not.

KPGv2 3y ago

>it largely can in a majority service based economy Is your plan here to consolidate all capital in the hands of a few corporations? Because most businesses cannot just move somewhere else because their owners cannot just move somewhere else.

Eumenes 3y ago

> Once we have a Job Guarantee What's a job guarantee? Anyone who wants a job can get one.

jncfhnb 3y ago

I would love to read more on this.

friend_and_foe 3y ago

You have a very naive view on this topic. You can't give eveveryone a Job Guarantee™, because the only natural job guarantee is that your efforts benefit someone else. If your work is not productive someone else pays the cost, you wind up in a zero sum situation. Also, I fail to see how such a system would mean interest rates remain at zero permanently, or how it ensures permanently low mortgages for interest rates to remain at zero permanently. Perhaps you can elaborate on the mechanism you envision when you talk about this. You can't outlegalese network effects, all you can do is shift cost around. This is why these sorts of schemes always have unforseen negative consequences, because people naively think they've found a silver bullet. You probably have not.