Sunday, August 11, 2019

Scotland can have a job guarantee or the Fiscal Commission plan, but not both Richard Murphy

First, of course I welcome this.
Second, a job guarantee is a logical part of a Green New Deal, which offers work in every constituency by ensuring jobs are available everywhere to transform our green infrastructure, and most especially our housing.
Third, it has to then be noted that this policy is linked to modern monetary theory, which is the only current school of economic thought that makes full employment for those who want work its core objective.
And fourth, and inevitably, this policy is in opposition to the SNP’s commitment to Andrew Wilson’s Growth Commission plan for Scotland....
Tax Research UK
Scotland can have a job guarantee or the Fiscal Commission plan, but not both
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

1 comment:

Ralph Musgrave said...

There is no particular reason why JG is any more a "logical part" (to use Murphy's phraseology)of the GND than any other sector of the economy.

JG jobs would tend to be short term and relatively unskilled. Renewable energy jobs tend to be similar to those in the construction industry: i.e. a mix of skilled and unskilled work which is similar to the mix found in other sectors.