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A critique of the MMT JG from the left.This is interesting in that the author seems to be arguing with leaving the system in place because doing so is more favorable for labor market power. It is interesting because his real desire is to transform the existing system away from "capitalism," at least the neoliberal variety that is presently in place. I am left assuming that he thinks either that workers are better able to transform "capitalism" from within without a JG, or something else that he doesn't reveal in this post. Anyway, it's an argument that we are likely to see more of as MMT takes hold.Western Sydney Wonk—Social policy, economics and politics from a social democratic perspectiveBill Mitchell: job guarantee will suppress working class power David Sligar, social democrat,
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A critique of the MMT JG from the left.This is interesting in that the author seems to be arguing with leaving the system in place because doing so is more favorable for labor market power. It is interesting because his real desire is to transform the existing system away from "capitalism," at least the neoliberal variety that is presently in place. I am left assuming that he thinks either that workers are better able to transform "capitalism" from within without a JG, or something else that he doesn't reveal in this post. Anyway, it's an argument that we are likely to see more of as MMT takes hold.Western Sydney Wonk—Social policy, economics and politics from a social democratic perspectiveBill Mitchell: job guarantee will suppress working class power David Sligar, social democrat,
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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A critique of the MMT JG from the left.
This is interesting in that the author seems to be arguing with leaving the system in place because doing so is more favorable for labor market power. It is interesting because his real desire is to transform the existing system away from "capitalism," at least the neoliberal variety that is presently in place. I am left assuming that he thinks either that workers are better able to transform "capitalism" from within without a JG, or something else that he doesn't reveal in this post. Anyway, it's an argument that we are likely to see more of as MMT takes hold.
Western Sydney Wonk—Social policy, economics and politics from a social democratic perspective
Bill Mitchell: job guarantee will suppress working class power
David Sligar, social democrat, influenced by market socialism, with hope to promote a strong and protective welfare state.
h/t Naked Capitalism