The Guaranteed Jobs program is based on noble theoretical traditions, from John Maynard Keynes to James Mead, from Hyman Minsky to Anthony Atkinson. The latter has fostered the belief that, given the current serious underutilization of the basic factors of production - labor and capital - and the resulting increasing "secular stagnation" of low investment, the state should not focus on underutilization. Indiscriminate currency transfers. Instead, it can and should directly create jobs through massive New Deal-style projects. Franklin D.
Roosevelt. In this way, it becomes the "employer of last resort", an image with connotations of "innovative nation" and "strategic nation". Shift of power The problems that arise here cannot be avoided. What are the truly appropriate policies for global and national economic recovery? What are the current equivalents of the New Deal, the Bretton Woods Fax Number List Agreement of 1944, or the post-war welfare state that could lead to a shift of power from finance to production, thereby shifting the focus from stock market indices to expansion of the real economy and increase in social welfare? Can the goal of achieving full quality employment continue to be ignored?
How can such a wide range and quality of jobs be created to increase the participation of youth, women and people in poor areas? If we believe that moral recovery is fundamental, even if it includes a critique of capitalism, that leads us to up the ante. We need to focus on the massive "reform" of capitalism, the profound reforms Keynes outlined. At the time, an exceptionally radical theoretical programme and critique of ethical politics combined innovative Keynesian thought with Roosevelt's revolutionary initiatives and radical European reformism - from the British labour movement inspired by William Beveridge to the Scandinavian of Navian Social Democracy all together at the same time.