the brain work automation bug a boo
is a diversion
forget about it
the job market's size is a function of effective demand...full stop
yes we might well recalibrate our "work week"
and "job year "
by regulation change
ie say ot cuts in at 30 hours
and goes to double time at 35
or more effectively broaden the job range
covered by wage and hour regs
sure
we need to increase both the minimum wage rate and
raise the various rate wrungs
of the earned income tax credit schedule
but the heating up of demand globally and nationally will
generate open slots everywhere in the task structure
accelerate automation and accerate skill scrap yards
but there will always be plenty of jobs if we gerar up dmand to produce them
a very often missed point:
at any point in time
there is a share of existing market value
of any marketed roduct
that is "rent like "
some of that over time gets extruded
from the relative price structure by competition
some of it gets caught in rent sumps
that are more or less structurally required
to maintain our "firms " and our "jobs"
some of that cistern rent however is unnecessary
and ought to be taxed away
and recycled as general "earned "
social dividends ie built into the eitc's and pension
payment parts of the public transfer system
complex and pervasive superstructures
both produce and maintain these cisterns
only equally complex and pervasive super structures
on the superstructures
can extract the contents of thesecisterns
these private extracters
only well run well designed such super systems
can be expected to efficiently and effectively
accomplish this social mission
the new deal is a convenient period we can point to
where thedesign and construction
of such a nation wide public super system
became self conciously
a task of the federal level of the state
obviously reaganism is a very crude atempt to preempt
any further erection of this super-market
systemics
is a diversion
forget about it
the job market's size is a function of effective demand...full stop
yes we might well recalibrate our "work week"
and "job year "
by regulation change
ie say ot cuts in at 30 hours
and goes to double time at 35
or more effectively broaden the job range
covered by wage and hour regs
sure
we need to increase both the minimum wage rate and
raise the various rate wrungs
of the earned income tax credit schedule
but the heating up of demand globally and nationally will
generate open slots everywhere in the task structure
accelerate automation and accerate skill scrap yards
but there will always be plenty of jobs if we gerar up dmand to produce them
a very often missed point:
at any point in time
there is a share of existing market value
of any marketed roduct
that is "rent like "
some of that over time gets extruded
from the relative price structure by competition
some of it gets caught in rent sumps
that are more or less structurally required
to maintain our "firms " and our "jobs"
some of that cistern rent however is unnecessary
and ought to be taxed away
and recycled as general "earned "
social dividends ie built into the eitc's and pension
payment parts of the public transfer system
complex and pervasive superstructures
both produce and maintain these cisterns
only equally complex and pervasive super structures
on the superstructures
can extract the contents of thesecisterns
these private extracters
only well run well designed such super systems
can be expected to efficiently and effectively
accomplish this social mission
the new deal is a convenient period we can point to
where thedesign and construction
of such a nation wide public super system
became self conciously
a task of the federal level of the state
obviously reaganism is a very crude atempt to preempt
any further erection of this super-market
systemics