toad.social

RealJournalism'Into a void': Young US college graduates face employment crisis. Time for a <a href="https://mastodon.social/tags/BasicIncome" class="mention hashtag" rel="nofollow noopener" target="_blank">#BasicIncome</a> and a <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>. Bring back the WPA and the CCC. <a href="https://phys.org/news/2025-07-void-young-college-employment-crisis.html" rel="nofollow noopener" translate="no" target="_blank">https://phys.org/news/2025-07-void-young-college-employment-crisis.html</a>

Maximilian KasyNew Op-ed: "Welfare for the 21st century" <a href="https://www.ox.ac.uk/news/2025-07-04-expert-comment-welfare-21st-century" rel="nofollow noopener" translate="no" target="_blank">https://www.ox.ac.uk/news/2025-07-04-expert-comment-welfare-21st-century</a> I discuss British welfare reform, what we have learned from <a href="https://mastodon.social/tags/basicincome" class="mention hashtag" rel="nofollow noopener" target="_blank">#basicincome</a> and <a href="https://mastodon.social/tags/jobguarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#jobguarantee</a> experiments, and argue that we should create a truly comprehensive safety net for all.

UG Faculty of PhilosophyInterested in discussing <a href="https://social.edu.nl/tags/Democracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#Democracy</a>, <a href="https://social.edu.nl/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>, <a href="https://social.edu.nl/tags/CareWork" class="mention hashtag" rel="nofollow noopener" target="_blank">#CareWork</a> and many other topics in <a href="https://social.edu.nl/tags/Philosophy" class="mention hashtag" rel="nofollow noopener" target="_blank">#Philosophy</a> <a href="https://social.edu.nl/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a> and <a href="https://social.edu.nl/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Economics</a>? Join us in <a href="https://social.edu.nl/tags/Groningen" class="mention hashtag" rel="nofollow noopener" target="_blank">#Groningen</a> for the 4th Groningen – <a href="https://social.edu.nl/tags/Wharton" class="mention hashtag" rel="nofollow noopener" target="_blank">#Wharton</a> <a href="https://social.edu.nl/tags/PPE" class="mention hashtag" rel="nofollow noopener" target="_blank">#PPE</a> <a href="https://social.edu.nl/tags/Workshop" class="mention hashtag" rel="nofollow noopener" target="_blank">#Workshop</a> on 8 and 9 September 2025.All info here: <a href="https://www.rug.nl/filosofie/organization/news-and-events/events/2024/ppe/ppe-wharton-workshop-2025?lang=en" rel="nofollow noopener" translate="no" target="_blank">https://www.rug.nl/filosofie/organization/news-and-events/events/2024/ppe/ppe-wharton-workshop-2025?lang=en</a>

Liam O'Mara IV, PhDThis is taken from an <a href="https://mastodon.social/tags/FDR" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDR</a> speech from 1944. He won an unprecedented fourth term with these ideas. And we have utterly failed to see them through. Listen and think. We need a <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>, <a href="https://mastodon.social/tags/HousingGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#HousingGuarantee</a>, and freedom from predatory <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#capitalism</a> to achieve basic human dignity.

Lauralee Dukeshire<a href="https://tech.lgbt/@amydentata" class="u-url mention" rel="nofollow noopener" target="_blank">@amydentata</a> And all money ORIGINATES from the government. Taxes are a way to limit inflation by controlling the size of the money supply. Therefore, taxes should be taken from where money is pooling and stagnating in the hoards of the rich not from where money flows. This would allow the government greater fiscal capacity to "stimulate the economy" by provisioning the working class (which includes currently unpaid workers and disabled people) with money. <a href="https://mstdn.ca/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> <a href="https://mstdn.ca/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> <a href="https://mstdn.ca/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>

Lauralee DukeshireIf everybody understood that the "national debt" is not something that EVER needs to be paid back, maybe we could stop pretending that our governments can't spend money on things we need. We could decide to fund every citizens' basic needs. <a href="https://mstdn.ca/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> <a href="https://mstdn.ca/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> <a href="https://mstdn.ca/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> <a href="https://mstdn.ca/tags/SupportUniversalHealthcare" class="mention hashtag" rel="nofollow noopener" target="_blank">#SupportUniversalHealthcare</a> Article: Isn't it Time to Stop Calling It the National Debt? <a href="https://evonomics.com/isnt-time-stop-calling-national-debt/" rel="nofollow noopener" translate="no" target="_blank">https://evonomics.com/isnt-time-stop-calling-national-debt/</a>

Barry Steele<a href="https://petrous.vislae.town/@Binder" class="u-url mention" rel="nofollow noopener" target="_blank">@Binder</a> I'm more in favour of the <a href="https://aus.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> from <a href="https://aus.social/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a>If you want to work, we'll find a job for you. If you can't or simply don't want to, then some form is reasonable income should be availableBill Mitchell makes the argument in this article. I recommend it You should also check out Pavlina Tchernova as well. He book is fantastic<a href="https://billmitchell.org/blog/?p=44133" rel="nofollow noopener" translate="no" target="_blank">https://billmitchell.org/blog/?p=44133</a>

Maximilian Kasyjust learned that france had a national <a href="https://mastodon.social/tags/jobguarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#jobguarantee</a> in the brief days before the revolution of 1848 was crushed: <a href="https://en.wikipedia.org/wiki/National_Workshops" rel="nofollow noopener" translate="no" target="_blank">https://en.wikipedia.org/wiki/National_Workshops</a>

Liam O'Mara IV, PhDThe <a href="https://mastodon.social/tags/Democrats" class="mention hashtag" rel="nofollow noopener" target="_blank">#Democrats</a> and <a href="https://mastodon.social/tags/Biden" class="mention hashtag" rel="nofollow noopener" target="_blank">#Biden</a> keep taking victory laps for <a href="https://mastodon.social/tags/JobCreation" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobCreation</a> numbers, confident that their base is as economically illiterate as that of the <a href="https://mastodon.social/tags/Republicans" class="mention hashtag" rel="nofollow noopener" target="_blank">#Republicans</a>. What we need is a federal <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> with a <a href="https://mastodon.social/tags/LivingWage" class="mention hashtag" rel="nofollow noopener" target="_blank">#LivingWage</a> set to local conditions but not less than $25/hr anywhere.

Claire Jackson-PriorThe GIMMS team are delighted to announce the 1st UK Modern Monetary Theory at the @UniversityLeeds, 15-17 July 2024 <a href="https://mastodon.social/tags/MMTConferenceUK" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMTConferenceUK</a> <a href="https://mastodon.social/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Economics</a> <a href="https://mastodon.social/tags/Finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#Finance</a> <a href="https://mastodon.social/tags/Macro" class="mention hashtag" rel="nofollow noopener" target="_blank">#Macro</a> <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a><a href="http://mmtconference.uk" rel="nofollow noopener" translate="no" target="_blank">http://mmtconference.uk</a>

RealJournalismMaybe <a href="https://mastodon.social/tags/California" class="mention hashtag" rel="nofollow noopener" target="_blank">#California</a> and local cities should own such projects. Not only would it ensure homes for hundreds of people, it could be part of a <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>. All such projects need workers to free up tenants to make money. And no more greedy developers cutting and running from projects after milking them for profit. <a href="https://www.montereycountyweekly.com/news/local_news/the-state-and-cities-fight-to-save-units-meant-for-those-without-homes-after-a/article_b1e2c29a-afff-11ee-955e-07067df447c0.html" rel="nofollow noopener" translate="no" target="_blank">https://www.montereycountyweekly.com/news/local_news/the-state-and-cities-fight-to-save-units-meant-for-those-without-homes-after-a/article_b1e2c29a-afff-11ee-955e-07067df447c0.html</a>

Doug Bostrom<a href="https://mindly.social/@annecavicchi" class="u-url mention" rel="nofollow noopener" target="_blank">@annecavicchi</a> Another problem is federal fiscal policy that attempts to regulate inflation by engineering scarcity of jobs.<a href="https://scicomm.xyz/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>

dr bwinbwini like the idea of <a href="https://kolektiva.social/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> but i don't think it is workable with our current model of ownership--private property. i have little knowledge of economics, so i can't argue vociferously for this opinion. i can just imagine that any UBI i might receive could be easily taken by a landlord raising my rent, or another corporate entity increasing costs for other necessary purchasing like groceries, medical care/insurance, or education.i like the idea of <a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> better. it makes more sense to me and seems to provide a less-hackable, less-manipulable floor as UBI proposes. it guarantees a livable wage and avoids the precarity of unemployment and gig work. but, again, i'm no economist. though i did participate in the now defunct CETA program when i was a teen. <a href="https://mamot.fr/@pluralistic" class="u-url mention" rel="nofollow noopener" target="_blank">@pluralistic</a> has highlighted <a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> in this week's link dump: <a href="https://pluralistic.net/2023/12/16/hotchpotch/#judge-not-lest-ye-be-bribed" rel="nofollow noopener" translate="no" target="_blank">https://pluralistic.net/2023/12/16/hotchpotch/#judge-not-lest-ye-be-bribed</a> where he says..."The best authority on the Job Guarantee is Pavlina Tcherneva. Her slim book on the subject is a fantastic explainer..." A Case for a Job Guarantee."No amount of growth can eliminate the job shortage that exists in virtually every country. Conventional policies have failed as well. The job guarantee is the landmark policy innovation that can secure true full employment, while stabilizing the economy, producing key social assets, and securing a basic economic right." [from <a href="https://www.jobguarantee.org/why/" rel="nofollow noopener" translate="no" target="_blank">https://www.jobguarantee.org/why/</a>]More information can be found at <a href="https://www.jobguarantee.org/faqs/" rel="nofollow noopener" translate="no" target="_blank">https://www.jobguarantee.org/faqs/</a>i'm interested in what people think of <a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> vs <a href="https://kolektiva.social/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a>. i'm not confident in my ability to argue for one over another, but i would like to participate in or observe a discussion geared towards a better understanding. my preferred solution would be implementing anarchism rather than try to rescue capitalism, but at least a <a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> would attenuate the pernicious ravages of neoliberal capitalism--again, in my opinion.<a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> <a href="https://kolektiva.social/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> <a href="https://kolektiva.social/tags/EconomicPrecarity" class="mention hashtag" rel="nofollow noopener" target="_blank">#EconomicPrecarity</a> <a href="https://kolektiva.social/tags/Unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#Unemployment</a> <a href="https://kolektiva.social/tags/Neoliberalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Neoliberalism</a> <a href="https://kolektiva.social/tags/WealthInequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#WealthInequality</a> <a href="https://kolektiva.social/tags/Capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Capitalism</a> <a href="https://kolektiva.social/tags/Anarchism" class="mention hashtag" rel="nofollow noopener" target="_blank">#Anarchism</a>

Cory DoctorowLong thread/39

Steven Zekowski<a href="https://freeradical.zone/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> professor John T Harvey with his rationale for a federal <a href="https://freeradical.zone/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>. <a href="https://www.forbes.com/sites/johntharvey/2023/11/06/self-checkout-lane-not-a-job-killer-if-we-have-a-job-program/" rel="nofollow noopener" translate="no" target="_blank">https://www.forbes.com/sites/johntharvey/2023/11/06/self-checkout-lane-not-a-job-killer-if-we-have-a-job-program/</a> <a href="https://freeradical.zone/tags/mmt" class="mention hashtag" rel="nofollow noopener" target="_blank">#mmt</a>

Alex L 🕊 🇵🇸<a href="https://mastodon.social/@maxkasy" class="u-url mention" rel="nofollow noopener" target="_blank">@maxkasy</a> Just implement <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>

Peter RelphIt doesn't matter to an MMT accepting person, whether they are progressive or reactionary. Or come to that, even if they are not an MMT accepting person.Any more than it matters to someone governed by the facts of nature (everyone of course) whether they are progressive or reactionary, or believe in the "theory of gravity", if either of them step off a cliff, the same basic underlying forces take equal effect.Like 'the theory of gravity', 'Modern Monetary Theory' is an explanation of what 'is', not a policy or something to implement. It is just the facts, & woe betide anyone who runs their life as if either were not so. There are financial cliffs (2008) as well as physical cliffs. (Ask the Lemmings)Fascists can & do accept what MMT describes & use it for their own ends in the same way as a socialist or anyone. MMT just 'is'.Fascist Neoliberals, which is all Neoliberals, know that they can spend billions on their oligarchic mates & masters, whilst falling back on the old publicly accepted nonsense to deny anything to the poor.Socialists, were there any, could use the same understanding to provide for the poor whilst removing the ill-gained wealth & hence power from the Oligarchic Fascists by taxes.Socialists may take MMT & conjure up a JobGuarantee, because it jumps out of the economic essence of it, but it is not an intrinsic component of MMT.What I am trying to say is that MMT is not 'Progressive' or 'Regressive', it is just the essence of macroeconomics as it exists.<a href="https://kolektiva.social/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> <a href="https://kolektiva.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a>

Maximilian Kasy<a href="https://mastodon.social/tags/introduction" class="mention hashtag" rel="nofollow noopener" target="_blank">#introduction</a> I am a Prof at Oxford.My research lies at the intersection of several fields, including <a href="https://mastodon.social/tags/econometrics" class="mention hashtag" rel="nofollow noopener" target="_blank">#econometrics</a>, <a href="https://mastodon.social/tags/machinelearning" class="mention hashtag" rel="nofollow noopener" target="_blank">#machinelearning</a>, <a href="https://mastodon.social/tags/labor" class="mention hashtag" rel="nofollow noopener" target="_blank">#labor</a>, <a href="https://mastodon.social/tags/inequality" class="mention hashtag" rel="nofollow noopener" target="_blank">#inequality</a>, <a href="https://mastodon.social/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#AI</a>.Current interests include the combination of ML theory and welfare economics, adaptive experimental design, pre-analysis plans, <a href="https://mastodon.social/tags/jobguarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#jobguarantee</a> programs, and <a href="https://mastodon.social/tags/basicincome" class="mention hashtag" rel="nofollow noopener" target="_blank">#basicincome</a>.I teach foundations of ML to economists.I post links to papers, talks, long-form articles etc.Website: <a href="https://maxkasy.github.io/home/" rel="nofollow noopener" translate="no" target="_blank">https://maxkasy.github.io/home/</a>

Peter Relph<a href="https://mastodon.social/@bradmacpherson" class="u-url mention" rel="nofollow noopener" target="_blank">@bradmacpherson</a> <a href="https://mastodon.nz/@blueshiftnz" class="u-url mention" rel="nofollow noopener" target="_blank">@blueshiftnz</a> <a href="https://mastodon.social/@alxlg" class="u-url mention" rel="nofollow noopener" target="_blank">@alxlg</a>I am replying to this from Kolektiva rather than my <a href="https://mastodon.world/@peterrelph" class="u-url mention" rel="nofollow noopener" target="_blank">@peterrelph</a> persona because it gives me the resources to do so (10,000 chars)My interest in this subject of UBI stems from an <a href="https://kolektiva.social/tags/MMT" class="mention hashtag" rel="nofollow noopener" target="_blank">#MMT</a> appreciation of the benefits of a <a href="https://kolektiva.social/tags/Jobguarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#Jobguarantee</a> rather than a denigration of <a href="https://kolektiva.social/tags/UBI" class="mention hashtag" rel="nofollow noopener" target="_blank">#UBI</a> & I see that I am onside with alxlg For anyone not aware (<a href="https://neweconomics.opendemocracy.net/universal-basic-income-is-a-neoliberal-plot-to-make-you-poorer/" rel="nofollow noopener" target="_blank">https://neweconomics.opendemocracy.net/universal-basic-income-is-a-neoliberal-plot-to-make-you-poorer/</a>) UBI was first proposed by Neoliberals, or certainly promoted by them, to get all forms of welfare under one banner so that they, we, you, the people, the unworthy masses, can be manipulated at one source rather than piecemeal. Beyond that it is certain to diminish any putative financial benefits by implicit inflation.Economically, UBI is the very definition of inflation, giving everyone in the nation the same extra amount of money extra cannot possibly affect the imbalance which is the issue, & by definition must affect inflation, more unproductive money chasing the same productive capacity.Whereas ...The Job Guarantee (<a href="http://www.jobguarantee.org/" rel="nofollow noopener" target="_blank">http://www.jobguarantee.org/</a>) stems directly from an MMT appreciation of what is possible & what is economically & hence socially beneficial for the people as a rejection of everything that the nonsensical Neoliberalism stands for.That is my considered contribution to the UBI discussion

Alex L 🕊 🇵🇸<a href="https://mastodon.social/@bradmacpherson" class="u-url mention" rel="nofollow noopener" target="_blank">@bradmacpherson</a> <a href="https://mastodon.world/@peterrelph" class="u-url mention" rel="nofollow noopener" target="_blank">@peterrelph</a> <a href="https://mastodon.nz/@blueshiftnz" class="u-url mention" rel="nofollow noopener" target="_blank">@blueshiftnz</a> "I don't want free clean energy, I want perpetual motion". Come on.It's <a href="https://mastodon.social/tags/JobGuarantee" class="mention hashtag" rel="nofollow noopener" target="_blank">#JobGuarantee</a> the only thing that can free us from <a href="https://mastodon.social/tags/capitalism" class="mention hashtag" rel="nofollow noopener" target="_blank">#capitalism</a> since it reverses the industrial reserve army mechanism described by Marx: a democratic governament sets the minimum working conditions and it is the private sector that must attract workers with more, not workers begging for a job.<a href="https://mastodon.social/tags/ModernMonetaryTheory" class="mention hashtag" rel="nofollow noopener" target="_blank">#ModernMonetaryTheory</a> explains this very well.

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