Could We Have More Jobs Than We Ever Hoped For?

The Jobs Summit
The Progress Report


by Fred E. Foldvary, Senior Editor, 16 November 2009
President Barack Obama will be hosting a White House forum on jobs in December 2009. Unemployment continued to rise during 2009, and the president seeks to stoke the economy to create more jobs, jobs, jobs.

The summit will gather together people from diverse fields: economist gurus, the small-business bourgeoisie, grand poobahs of big business, financial fat cats, and union bosses. Evidently, Obama forgot to also invite some actually unemployed workers. He also left out psychologists, priests, community organizers, political pundits, and plumbers.

Despite this lack of full diversity, the gathered will discuss how to accelerate job creation. The federal government has put the unemployment rate at 10.2 percent as of November 2009, but if one includes those who would like to work but have forsaken job search, and those who are underemployed, the jobless amount to about a fifth of the labor force. Thus there is political pressure for the president to appear to be doing something. A gathering to discuss the problem will be splashed in the media and create buzz.

But asking how to create jobs has it backwards. The fundamental question is not how to create more jobs, but how to stop government from destroying jobs. It is like hunters who go into a field and shoot every deer in sight, and then hold a meeting on why the deer have disappeared.

Henry George had a parable about the unbounded savannah. Suppose there is an infinite field of free land in which farmers could apply their labor to grow corn. Would there be any unemployment? Of course not, since anybody could get some land and employ himself to grow corn. When there is unrestricted access to natural resources, there is no unemployment.

In primal human society, villagers could go into the fields to hunt and gather. Sometimes they might not find enough food, but there was no lack of work, since one could keep on searching, digging, and foraging, and then do some crafting and trading.

Now, in the 21st century, employment should be much better, but instead, it is worse. It is illegal to pick the berries. Suppose a man goes down the street peddling goods to the public. A police officer arrests him, because this is illegal. The jobless man offers to pull weeds in the gardens of folks too busy to do it, and he would do it for a few dollars per hour, but it is illegal to hire workers at that low wage. He can’t go into the fields, he can’t freely offer his labor, and if he does work, he is poor because he can’t keep his full wage.

Primal man could get housing by going into the field to gather some sticks and fronds and build a house at the edge of the village on free land. The 21st-century homeless unemployed man gets some cardboard out of a garbage bin and builds himself a little house in a vacant lot, but is then fined for trespassing and for violating the building code.

Humanity has advanced from primal times when there was full employment and unlimited housing to the 21st century world of high technology where over a tenth of the population has been locked out of employment and can’t find a place to live. The modern world has more natural resources than the ancient world, because modern technology can make greater use of natural materials. Employers should be screaming for more labor. Instead, we have workers crying because they can’t get jobs, even while factories languish. Folks can’t find housing, while millions of homes sit empty.

There is in nature no reason for unemployment. Human desires are unlimited, so there is always a demand for something. The only reason an unemployed carpenter cannot trade with an unemployed tomato grower is that some force has imposed a barrier preventing them from trading tomatoes for chairs. The only agent that has the power to prevent trade is government.

Government imposes restrictions and costs on enterprise and labor, requiring expensive permits, licenses, badges, and taxes. Primal man had access to communal land, but modern man has lost free access. It goes back to conquest, as the land was taken by the war chiefs and then the peasants had to pay rent plus taxes.

The land titleholder exclaims that he bought the land with his own money, so why should he not have exclusive access? In olden days the slave owner too claimed that he bought the slaves with his own money, so he is entitled to the gains from their labor. Religious folks go to church clutching their Bibles, in which it is written in Ecclesiastes 5:9, “the profit of the earth is for all,” but when this is pointed out, they instantly become atheists.

The role of the economist gurus in the summit is to declare to the media, “The issue is complex. There are no easy answers.” That leaves the government blameless.

But the economic answer is clearly evident. We can restore full employment by going back to the rules of primal economies. Let anyone go into the field and apply his labor freely. We cannot now have unlimited access to natural resources, but we can have the possessors compensate the rest of society for exclusive access. The righteous market, with unchained labor and an equal sharing of nature’s bounty, will eliminate unemployment.

Subsidies to landowners, including cheap credit, generated the real estate bubble that burst and made workers lose their jobs. Instead of preventing the next boom and bust by shifting taxes from wages to land rent, the jobs summit will propose low-interest loans to business, and limited tax credits. But land rent will rise to absorb the gains, and there will still be imposed costs in hiring labor, so in the end, the proposals of the jobs summit will fail.

-- Fred Foldvary

-------------------------

Copyright 2008 by Fred E. Foldvary. All rights reserved. No part of this material may be reproduced or transmitted in any form or by any means, electronic or mechanical, which includes but is not limited to facsimile transmission, photocopying, recording, rekeying, or using any information storage or retrieval system, without giving full credit to Fred Foldvary and The Progress Report.

Views: 48

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
"Burbia Charlie Kirk's wife is a real firebrand! God bless that poor woman! "
7 hours ago
Doc Vega commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
"Burbia thanks for the videos! "
8 hours ago
Doc Vega posted blog posts
8 hours ago
Burbia commented on tjdavis's video
Thumbnail

Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix

"Early reports said a.second shooter was there. Talk of Dischord chats. Peyton Gendron was coerced…"
17 hours ago
tjdavis posted a video

America In Crisis: Illegals and Drug Smugglers Have Us Beat

An inside look at how bad the situation is at the Arizona/Mexico border. This exclusive tour with retired Arizona Sheriff Mark Lamb reveals just how bad thin...
22 hours ago
Burbia posted a video

Sam Hyde Show: This is You

support the show: https://www.mde.tv/▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬🔥 BUY EXTREME PEACE on MDE.TV 🔥https://www.mde.tv/series/extreme-peace▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...
23 hours ago
Burbia commented on Sandy's photo
yesterday
Burbia commented on Sandy's photo
yesterday
Sandy posted a photo
yesterday
tjdavis posted a video

Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix

We went to Charlie Kirk's Turning Point USA headquarters in Phoenix to talk with people who were there to pay their respects.►Join my community to get exclus...
Saturday
Doc Vega posted blog posts
Saturday
Burbia commented on Doc Vega's blog post This Memorable Anthem Given by Nick Freitas Hit the Nail on the Head Please Listen!
Saturday
Doc Vega posted blog posts
Friday
Doc Vega commented on Doc Vega's blog post A Few More Rats in Your Skull Concerning Charlie and the Rampaging Left
"cheeki kea, Yes that was released on to book sites 19 hours before the tragic event and also there…"
Friday
Burbia commented on Sandy's video
Friday
Sandy posted a video

Charlie Kirk Was Terrified Of Israel

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Friday
Sandy posted a photo
Friday
cheeki kea commented on Doc Vega's blog post A Few More Rats in Your Skull Concerning Charlie and the Rampaging Left
"The internet is fractioned that's for sure but it never sleeps and the big question of the day…"
Friday
Burbia commented on Doc Vega's blog post A Few More Rats in Your Skull Concerning Charlie and the Rampaging Left
"It seems America has many meanings to many people. The internet has fractioned everybody. I had…"
Thursday
Doc Vega commented on Doc Vega's blog post Plausible Explanation Behind Recent Cryptid Sightings in the Wild!
"Cheeki kea I'm glad that the giant Moa downsized to this turkey looking land walker.!"
Thursday

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted