Saturday, January 14, 2012

hbl — The Ultimate Job Guarantee Implementation


Read it at Thought Offerings
The Ultimate Job Guarantee Implementation: Can we Achieve Zero Wasted Labor AND Zero Material Waste Simultaneously?!?
by hbl
To repeat, the high level aspiration outlined here is to "kill two birds with one stone" by matching the goal of reducing human labor waste (involuntary unemployment) with the goal of reducing other external costs currently borne by society. This post focused on the "other external costs" related to materials flow and associated environmental sustainability, but are there other large-scale external costs a JG could potentially address?
As hbl admits, it has qualitative problems. However, it is a very interesting quantitative approach that seeds new thinking and addresses a wider range of issues.

1 comment:

googleheim said...

The puritan exporter republican somehow is also contradicted in the Mitt Romney hedge fund company slice and dicer :

Romney now says he wants to make America attractive again for foreign investment.

The past 11 years have been exactly that leading to 2007 and 2008 crashes.

Multinational leveraged buyouts found Oregon Steel Mills sold to a Russian leverage team Evraz who in turn had to close most of the mills in Portland and the bonds defaulted into the hands of the Russian government.

The last vertically integrated steel mill who actually dug ore out of Colorado to be pressed into slabs made into pipe and plates is now owned by PUTIN and Medelyev.

China did not get to buy Unocal, but it is secretly going around buying sub-radar shares of gas and oil projects from Texas to Alaska - like 40% stakes.

Romney wants to sell us out again ?

Let the foreign entities close up our factories instead of doing so directly by his financial firm history ?