Asking for profit companies to ensure full employment is a dumb idea.
Asking for profit companies to keep people on for any other reason than profitability is a dumb idea.
Subsiding companies to keep the jobs is a dumb idea.
The only good idea is for the federal government to eliminate involuntary unemployment. The private sector can sort itself out.
If you really want to help people, we need to drastically bring down the cost of living in cities through building more housing, then provide some unemployment or ubi to keep you afloat with your savings while you look for something worthwhile to do.
Housing is not ruled by the supply and demand wizardry. Housing is subject of infinite cash from fossil fuels, oligarchs, pension funds, dynastic family fortunes, and mortgage leverage by individuals already owning real estate. You build more, more will be purchased and the prices will still grow.
Occupancy is at record highs in most US cities. It’s simply too little inventory, mostly due to local regulations and NIMBY’s. Most housing is owned by ppl, and a lot of the nation’s net worth is tied up in housing, disencentivising the lowering of house pricing.
You could see it duting covid in NY, people left and inventory went up. Rent and housing came down.
Same now in SF, ppl leave, inventory goes up, prices come down.
It’s not that complex really. Solving it will not be easy though.
Markets are important in the system we've built, we can't just toss out market effects and assume nothing else will break. Whether markets are the "right" approach or the one that a majority of people still want is up for debate, but in the meantime much of our society is based on markets operating relatively freely as the approach of both understanding sentiment and allowing markets to shift without centralized control. Getting rid of the downside in our job market would almost certainly break the job market all together, as there are few downsides motivating people to try to find and keep a job.
I don’t understand this mindset. Looking at numbers in a vacuum.
The labor market is literal wage slavery, with slaves being rented instead of owned.
This attitude of everyone for themselves is literally what’s wrong with this modern, disgusting “individualist” pull yourself up by the bootstraps society.
I know the rules here are to be civil, but I really don’t understand this “f you I got mine” mentality.
There are much more reasonable arguments made for individualism than "f you I got mine", just like there are more reasonable arguments for communalism than the ones posed by Stalin.
And yet it's the best system we've devised so far. Maybe we should go back to the older systems where the only way to climb the social ladder was to go to war pillaging our neighbors and taking them as slaves
This is the truth, and it's the saddest part of all...
> The only good idea is for the federal government to eliminate involuntary unemployment. The private sector can sort itself out.
You are talking about mandatory work camps right?