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As it happens, a systemic (economic) solution exists. It would remove the political imperative to maximize output in order to maximize employment, total income, and the collection of taxes. Any nation could adapt this change to its existing economic system. It can be thought of as a kind of permanent 'quanititative easing', but with built-in protections against inflation. (The linked article is a “4 min read” with links at the end tomore about the idea, all of it here in Medium but none of it behind the paywall.)

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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