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That doesn't seem entirely true. If most people didn't need money to live, they would be less willing to sign up for "bullshit jobs", meaning employers would ha
by nshepperd 12y ago
That doesn't seem entirely true. If most people didn't need money to live, they would be less willing to sign up for "bullshit jobs", meaning employers would have to provide more enticing compensation, potentially resulting in a reduction in people working such meaningless jobs.
In other words, the job market is currently supply driven, but that is due to the fact that demand is inelastic -- everyone needs money to live.
ETA: There is also an indirect effect through public policy: politicians will not want to pass legislation that reduces the number of jobs, since that would increase unemployment figures, making them look bad. Of course, the fact that high unemployment figures are bad is a result of people needing to work to live.
- loup-vaillant 12y agoYup.