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by guard-of-terra 4283 days ago
"Money doesn't magically appears from labor"

Tell that to job creation programmes. Our society is built on assertion that they do.

2 comments

Well, creating jobs means that money get's given to those that get those newly created jobs. Now, I agree with the OP's assertion that it's kinda ridiculous to claim that labor automagically creates money. But the end result in this case is that money spent on "job-creation" is money that is given (or if you want to go further, redistributed) to those that got the jobs.

I think that we've somehow, as a society, been convinced in thinking that state-intervention needs to "create" jobs because industry won't do it by itself. That's the assertion we need to fix/educate about, not the one that job creation means more money, as you claim.

No, not all (or even most, or even much) of our society is built on that assumption in this day and age, thank God. The era of the New Deal and Soviet Russia, maybe.