Category Archives: Future of Work

Inclusive growth means poverty reduction and declining income inequality

I am doing some work on the way technology can be chosen to maximise employment in the pursuit of advancing general well-being. This is in the context of some work I am doing on advancing what is known as ‘relative … Read the rest of this entry »

Posted in Future of Work, IMF, Job Guarantee | 14 Comments

The World Bank should be defunded

Australia is currently being shocked on a daily basis with the revelations in our Royal Commission on Banking, which show that our financial services sector (banks, insurance companies, financial planning, etc) is deeply corrupt, with criminal behaviour clearly rife. Hopefully, … Read the rest of this entry »

Posted in Economics, Future of Work, Reclaim the State | 7 Comments

Welcome to the ‘homeless’ working poor – a new neoliberal KPI

In advanced nations, poverty used to be a thing of old age, once income had stopped due to retirement and savings depleted. Old-aged pension systems were intended as Welfare States emerged to prevent that fall into poverty. The pension systems … Read the rest of this entry »

Posted in Future of Work, Labour costs | 11 Comments

US labour market reality debunks mainstream view about structural impediments

An enduring myth among mainstream economists is that so-called ‘structural’ impediments in the labour market prevent aggregate spending initiatives from government being an effective solution to mass unemployment. According to this view, if the government attempts to reduce the unemployment … Read the rest of this entry »

Posted in Future of Work, Job Guarantee, Labour Force, US economy | 5 Comments

The path out of the low wage trap is limited by fiscal austerity

During my postgraduate study years I read a 1954 article by American economist Clark Kerr entitled – The Balkanization of Labor Markets – which attacked the mainstream labour market views that there was mobility within labour markets such that poverty … Read the rest of this entry »

Posted in Eurozone, Future of Work, Job Guarantee, Labour Force, Reclaim the State | 15 Comments

Unemployment is miserable and doesn’t spawn an upsurge in personal creativity

Here is a summary of another interesting study I read last week (published March 30, 2017) – Happiness at Work – from academic researchers Jan‐Emmanuel De Neve and George Ward. It explores the relationship between happiness and labour force status, … Read the rest of this entry »

Posted in Future of Work, Job Guarantee | 16 Comments

Countering the march of the robots narrative

I read a very interesting Report last week – False Alarmism: Technological Disruption and the U.S. Labor Market, 1850–2015 – published on May 8, 2017 by the Information Technology and Innovation Foundation (ITIF) and written by Robert Atkinson and John … Read the rest of this entry »

Posted in Demise of the Left, Future of Work | 30 Comments

Automation and full employment – back to the 1960s

On August 19, 1964, the then US President Lyndon B. Johnson established the – National Commission on Technology, Automation, and Economic Progress. He established the Commission in response to growing concern during the deep 1960-61 recession that the unemployment had … Read the rest of this entry »

Posted in Future of Work, Job Guarantee, Labour Force, Reclaim the State, Unemployment Benefits, US economy | 20 Comments

The conservative opposition to full employment legislation in the US

In 1946, with the Second World War at an end, the world governments turned to the question of how to maintain the full employment that the prosecution of the War had brought in the peace. It was clear that governments … Read the rest of this entry »

Posted in Future of Work, US economy | 9 Comments

The rise of the “private government”

I have always found it odd (read totally inconsistent) that people rail against government intervention as if it is a blight on our freedom, but ignore the ‘governance’ of workplaces by capital, who seek every way possible to destroy our … Read the rest of this entry »

Posted in Future of Work | 16 Comments