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227643558
The Market Is Incapable Of Creating Enough Jobs (Paperback)
Item #:
227643558
KYD 17
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Full employment is a pro-market solution that is indispensable to the effective functioning of our 21st Century economy.
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- In the mid-1970's the world economy underwent a major paradigm shift-and while economists disagree over why-all agree with Dr. William F. Mitchell that High and persistent unemployment has pervaded almost every OECD country since the mid-1970's with double digit unemployment common in the Eurozone to this day, and youth unemployment north of 25% in Greece and Spain. As a result of high unemployment in the 1970's, America swung into action--and in 1978 Congress passed, and President Carter signed into law a legal authorization to henceforth limit America's unemployment rate to 3% 15 USC § 3101-i.e., at no time should our unemployment exceed 3%, as provided by law. With a ton of cash, however, the 1% has inexplicably prevented this law from ever being implemented. Full employment is a pro-market solution, and given automation, alone, this law is indispensable to the effective functioning of our 21st Century economy. The purpose of this book is to urge the enforcement of this concept currently HR 1000, in Committee.
| Book format | Paperback |
| Fiction/nonfiction | Non-Fiction |
| Genre | Political & Social Sciences |
| Publication date | July, 2015 |
| Pages | 62 |
| Number in series | 1 |
| Publisher | Createspace Independent Publishing Platform |
| Original languages | English |
| Language | English |
| Binding type | Paperback / softback |
| Assembled product dimensions (l x w x h) | 9.00 x 6.00 x 1.50 in (22.9 x 15.2 x 3.8 cm) |
| Assembled product weight | 1 lb (450 grams) |
| Bisac subject heading | Political Economy |
| Country of Origin | This item will be imported from US |
| What is in the box | The Market Is Incapable... For more details, please check description/product details |
Product Description
The Market Is Incapable Of Creating Enough Jobs (Paperback)
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Customer Questions & Answers
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Question:
What is the main argument of the book?
Answer: The book argues for the enforcement of a law to limit unemployment to 3% in order to ensure a functioning economy. -
Question:
Why is full employment important?
Answer: Full employment is essential for a pro-market solution and the effective functioning of the 21st Century economy, especially in the face of automation. -
Question:
What is HR 1000?
Answer: HR 1000 is the current legal proposal in Committee aimed at achieving full employment in the U.S.
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Features & Benefits
- Unemployment has been persistently high in OECD countries since the 1970s.
- Youth unemployment in Greece and Spain exceeds 25%.
- The U.S. Congress passed legislation to limit unemployment to 3% in 1978.
- The enforcement of this law has been obstructed by powerful economic interests.
- The book advocates for HR 1000 to ensure full employment.
- Full employment is critical for a thriving pro-market economy.
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