Thursday, August 8, 2019

Bill Mitchell — The Green New Deal must wipe out precarious work and underemployment

In mapping out what I think are the essential aspects of a social transformation that we might call a Green New Deal, eliminating precarious work is one of the priorities – it is intrinsic to creating a more equitable society in harmony with nature. This aspect also calls in question the role of a Job Guarantee. Note the capitals – there is only one Job Guarantee but many jobs guarantees. I will explain today why the Job Guarantee will be an intrinsic part of the Green New Deal but by far a minor player in terms of the job opportunities that will be created by the socio-economic shift. Many commentators seem to think the Job Guarantee is sufficient for a Green New Deal. It is not and we need to understand its role in a monetary system to understand why....
Bill Mitchell – billy blog
The Green New Deal must wipe out precarious work and underemployment
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

1 comment:

Ralph Musgrave said...

As long as demand for the output of various employers fluctuates, some of those with jobs with those employers will have "precarious" jobs. There's no way round that problem.

Moreover, JG jobs are "precarious" in that they are designed to last a relativly short amount of time: till those concerned find regular jobs.