
#4 Fadhel Kaboub: What is the Job Guarantee?
The MMT Podcast with Patricia Pino & Christian Reilly
Exploring the Job Guarantee as an Alternative to Theoretical Economic Concepts
This chapter discusses debunking the 'natural rate of unemployment' theory and proposing a job guarantee as a solution to unemployment and inflation issues. The conversation compares a job guarantee, tax cuts, and universal basic income, emphasizing the importance of work for human dignity and productivity. The chapter also delves into concerns about societal care, automation, and leveraging technology for fulfilling and meaningful human work.
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