3 ms·
I think the original MMT folks’s jobs guarantee is the best option. Everyone that is willing to work is guaranteed a job that pays some reasonable wage. That se
by User23 3y ago
I think the original MMT folks’s jobs guarantee is the best option. Everyone that is willing to work is guaranteed a job that pays some reasonable wage. That sets a floor on compensation. Employers who want to attract people away from the government job will either have to pay better or offer otherwise more appealing work. The jobs program incomes in turn create a floor on demand. Note that this doesn’t have the UBI problem because it’s not a bonus additional income, but rather an income floor.
Ideally the guaranteed jobs are something more productive than paying people to dig ditches and fill them back in again. But frankly printing money to pay people to exercise 8 hours a day would probably save billions in healthcare costs.
Anyhow it’s not particularly difficult to work out a greatly more eucivic and eusocial regime than what we currently have. In fact it’s sufficiently easy that a reasonable person can only conclude that the enshittification of our societies is the intentional policy of rulers who don’t particularly care for our welfare.