Everybody worries about the #JobGuarantee and inflation but look at the wage data.
@patriciapino.bsky.social shows how a phased move to £15/hr is forecast to add minimal inflation while wages for the lowest third rise ~30–35%.
#MMT #Inflation #Wages
Imagine if the G7 invested as much in preserving labor supply as they do in oil reserves. #jobguarantee
We keep debating the wrong things.
Too often the choice is framed as repeating failed strategies or accepting decline. But as @patriciapino.bsky.social puts it:
"The ceiling of our ambition has become self-imposed."
#JobGuarantee #MMT
Excited to join Economics for Inclusive Prosperity @econfip.bsky.social, an initiative whose members and goals I have looked up to since its foundation.
Also excited that our #EfIP policy brief (with @maxkasy.bsky.social) on #JobGuarantee and #BasicIncome is now out: econfip.org/policy-brief...
Professor Bill Mitchell on Universal Basic Income:
"I actually hate it."
Not because he's against helping people but because UBI dodges the real question and treats us as consumption units rather than societal members.
#JobGuarantee #MMT #UBI
mmtuk.org/job-guarantee
The official unemployment figures tell us almost nothing.
@patriciapino.bsky.social describes the hidden unemployment crisis and the devastating social costs we're not counting: domestic abuse, unmet needs, broken communities.
So what gives?
#JobGuarantee #MMT #Unemployment
The idea behind the Job Guarantee didn't come from labour economics.
Professor Bill Mitchell explains how a wool buffer stock model sparked one of the most powerful ideas in modern economic policy.
#JobGuarantee #MMT
Why capitalism blocks a Job Guarantee: it would eliminate the "power of the sack"—the threat of firing used to discipline workers. Drawing on Mattei and Kalecki, we show full employment threatens capital’s control.
#JobGuarantee #austerity #capitalism
Austerity isn't accidental - it's structural to #capitalism. The #JobGuarantee threatens the "triple constraint": fiscal #austerity, monetary austerity & power to fire. Why it won't happen. Full ep ft Erald Kolasi drops Sat 3/7 @ 8am ET.
Find all our ep: realprogressives.org/macro-n-cheese
Labour's "youth guarantee" forced people into unchosen jobs at minimum wage while companies got subsidised labour.
A universal Job Guarantee is fundamentally different. Here's how.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
Community gardens. Solar panels. Greening our cities.
@ptcherneva.bsky.social on how a Job Guarantee creates work that tackles the climate crisis, without waiting for the private sector to find a profit motive.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
"Every single country could afford this type of program."
Daniel Kostzer explains why a Job Guarantee is counter-cyclical: it shrinks when the economy grows and expands when needed most.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
In 2001, Argentina had 25% unemployment and 55% poverty.
Daniel Kostzer helped design Plan Jefe - an employment guarantee that gave people jobs, not just benefits.
Here's what happened.
mmtuk.org/job-guarantee
#JobGuarantee #MMT #MMTUK
"We don't have preventative solutions. We always allow unemployment to develop and then we scratch our heads."
@ptcherneva.bsky.social on why a Job Guarantee prevents social costs rather than trying to fix them after the damage is done.
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK #MMT
Governments deliberately maintain unemployment to control inflation.
Less bargaining power = slower wages = lower inflation risk.
It's rarely discussed. This clip explains why.
Feat. @ptcherneva.bsky.social & @patriciapino.bsky.social
mmtuk.org/job-guarantee
#JobGuarantee #MMTUK
1/5 MMTUK has published its Job Guarantee policy paper today.
A permanent, voluntary programme offering paid work at a living wage to anyone willing and able to work.
Up to 4 million people are expected to directly benefit.
#MMT #JobGuarantee #UKjobs
How To Improve The UK: Welfare
7. Repeal the Universal Credit & Personal Independence Payment Act in its entirety. People seeking employment would be given a job under our new Job Guarantee programme, and the disabled will be supported with...
buff.ly/PecQnQf
#universalcredit #jobguarantee #uk
Prof. Bill Mitchell joins MMTUK on 25 Feb at Friends House, London for the launch of our UK #JobGuarantee policy paper.
This is a rare opportunity to hear from Professor Mitchell live in the UK and a free event but register quickly as spaces are filling up.
mmtuk.org/news/bill-mi... #MMT
Something to read prior to the episode dropping in the morning! realprogressives.org/modern-monet...
#eachoneteachone #learnMMT #jobguarantee
Something to read prior to the episode dropping in the morning! realprogressives.org/modern-monet...
#eachoneteachone #learnMMT #jobguarantee
#Unions should be all-in on a #JobGuarantee. More people directly employed by the federal gov’t means more bargaining power for every worker. Yet many unionists oppose it—fixated on the wage floor instead of the power shift. Owen Bennett: Ending #unemployment itself must be the priority. #LearnMMT
10% of Australian workers can't find full-time work. That's the real injustice. Historian and unionist Owen Bennett counters #union opposition to the #JobGuarantee - full ep. drops Sat. 2/14 @ 8am ET. #LearnMMT Find all our ep: realprogressives.org/macro-n-cheese/
$8 billion to end unemployment. That’s the cost of scaling Victoria’s non-profit jobs policy nationwide. We already have popular, effective programs—now we need a movement to demand them. Bridge the gap from "what worked" to "what’s next."
#GreenNewDeal #JobGuarantee #Austerity #LearnMMT
Australian historian & unionist Owen Bennett presents his idea for a path to implementing a #JobGuarantee to combat #austerity - full ep. drops Sat. 2/14 @ 8am ET. #LearnMMT Find all our ep: realprogressives.org/macro-n-cheese/
#1 OT/ICS CYBERSECURITY TRAINING AND GEN AI TRAINING IN DELHI NCR AND IN INDIA
#MachineLearningTraining #LearnMachineLearning #DataScience#DeepLearning #JobGuarantee #TechCareer #Coding #programminglife
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mail - info@theevolvedge.com
ph no :+917982403420
+919311805027
#1 OT/ICS CYBERSECURITY TRAINING AND GEN AI TRAINING IN DELHI NCR AND IN INDIA
#MachineLearningTraining #LearnMachineLearning #DataScience#DeepLearning #JobGuarantee #TechCareer #Coding #programminglife
visit-www.theevolvedge.com
mail - info@theevolvedge.com
ph no :+917982403420
+919311805027
Beyond a #wage floor, a #JobGuarantee improves working conditions & benefits. This #MMT backed #PublicPolicy is a tool for community & economic health. Full ep. ft. Anthony Anastasi: realprogressives.org/mnc-podcast-...
Holy #JobGuarantee Batman!!! A fellow Marxist who also knows the value of #MMT ?!?! Anthony provides a unique view as an ex-pat living in a nation whose govt (while not fully adapting the MMT lens) uses the power of its currency MUCH more to benefit its #WorkingClass than the US.
#1 OT/ICS CYBERSECURITY TRAINING AND DCS TRAINING IN DELHI NCR AND IN INDIA
#DeepLearning #SkillUp #JobGuarantee #TechCareer #FutureReady #CareerInTech
#Technology #Innovation #Python
#Coding #programminglife
visit-www.theevolvedge.com
mail - info@theevolvedge.com
ph no :+917982403420
+919311805027
Why do so many #Marxists dismiss #ModernMonetaryTheory as capital apologia? #MMT is a lens, not an ideology! #JobGuarantee is a superior path vs #UBI to build #WorkingClass power. Ep. ft. @_awda_ drops Sat. 1/24 @ 8AM ET. Find all our ep. @ realprogressives.org/macro-n-cheese/