The blog of a North Country Swede!

Monday, October 24, 2011

Workers must have jobs in a market economy

It's simple, very simple. In order to live in a market economy, a worker must have a job that pays a living wage.

We are barred—generally—from being hunter-gatherers to provide for ourselves and our families by the economics of today's global marketplace. However, there is more than enough productive work to do, and accumulated wealth to prime the pump of productive work—jump start—to give everyone willing and able to work a wealth-producing job that pays a living wage. And if that is not done in a market economy where the medium of exchange is money then the worker becomes a new type of slave in order to have a job. We workers have become mules, renting ourselves out for enough to buy hay.

Let me repeat it in another way, if we need money to get the things we need to live, then we need a job to do the wealth-producing work to earn the money to get the things we need to live. And it is up to the market "controllers", the "keepers of the keys to the marketplace" to provide access to wealth-producing work through a job.
Please note: There is a real difference between "work" and "wealth-producing work". Not all work is wealth-producing work ... unless you factor in the benefit of doing work itself for the worker.

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