We Should Actually Strive For Less Jobs
All of us dream of a utopian society where all the problems we have are wiped away and unicorns are made of cotton candy and everything is free. The fact of the matter is Nirvana is not for this world, this is a place where you have to earn your way in this world. It's a place where others get a headstart and some don't and its a place where life is unfair.
Something we need to all get used to the sooner the better, but and this is a big Beyonce Butt! Life is what you make of it, you strive to find meaning in it and pleasure from the things you get to do during your time here. Working as a means to an end, to earn something to help you move through life. We were meant to live to work, but somewhere along the lines things changed and we now work to live.
The ability for a productive society to redistribute wealth through the free market is broken due to regulation, government involvement, infinite money supply and poor economic incentives that continue to drive the financial economy over the production economy.
Image source: - lengstorf.com
More jobs, fewer problems
We're told that to improve the society we need to get more people working, we need more jobs, gotta have more jobs, need more education so we can get more people to have jobs. This to me is taken out of context and we're missing the point. Government has been tasked with helping bring jobs to people and the private sector is asked to add more jobs but how many of these jobs are actually productive. I would say not many in the government sector.
The true measure of productive jobs is through inflation if jobs are productive enough the amount of money in circulation would not be in decline because we're producing far more value and good and services would continue to be cheaper than the money being produced. Sadly the continued injection of money has not been able to stimulate production because that money is being poured into the financial economy to speculate on assets instead of driving production.
Lowest cost to get the most value
In an ideal world, the financial economy and production economy would be so closely tied together and the focus is on creating to most value at the lowest cost. When everyone is aligned as this being the goal we will see more affordable goods and services, we'd see living wages. We'd see fewer people having to work longer hours, we'd see fewer people having to work for years meaning more rotation in the job economy meaning more opportunity meaning more people can pursue things like businesses, being innovative or creative and continuing to improve the economy and society in various ways.
Instead of chasing profits in paper form, we should be chasing value and production. More jobs are not the answer better jobs is the answer, generating more value is the answer, giving people a better standard of living through free enterprise is the answer.
We think that the system isn't broken and that if we just get the right people in it will work, but this is where the problem lies. We should be creating a system where even if the wrong people are in power, they are still doing the right thing because the system forces the incentives in the right direction.
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