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by nradov
1413 days ago
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I don't know about the Japanese, but I'm certainly not willing to pay taxes to provide free food, housing, and entertainment to people who are capable of working but choose not to. Their happiness isn't my concern, and they can go get a job no matter how miserable it makes them. The vast majority of people eventually figure out a way to "swim" when they're left with no alternative. |
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Maybe you should start fixing the problem where most people don't work for their own sake or their fellow people but actively compete over fewer and fewer necessary working hours as productivity keeps going up without the economy growing and everyone insists they need a full time 40 hour job.
Pretty much all unemployment can be explained by the laziness of the financial capitalists rather than the people doing the work. Investors being job creators is ridiculous because saving money destroys jobs so the net job creation is zero and it is actually the opposite, saving forces investment and hence nobody gets moral superiority by creating jobs because if they don't they are massive assholes.
In European countries like Spain the elderly voted in heavy labor restrictions against firing seniors and introduced huge severance packages which means companies fire young people first instead of old people who have more than enough money and would have even more after severance pay. What this means is that the old are hoarding all the income opportunities while simultaneously saving for retirement which decreases aggregate demand and effectively makes it pointless for young people to work for their own money and very profitable for them to just stay at home while their parents pretend they are the productive breadwinners. The sink or swim/tough love idea would require parents giving up their job for the sake of the young and that is unlikely to happen. No, the economy isn't growing faster than productivity, you can't grow your way to a job for everyone.