"The Job Guarantee and Transformational Degrowth"

by Unti, B J (2018)

Abstract

The job guarantee was designed to address the problems of unemployment. However, in light of the environmental crisis, it is important to recognize the ways in which this policy proposal may be harnessed to cope with broader issues of social justice and ecological sustainability. This chapter looks specifically at how the vision of a job guarantee program aligns with and promotes the burgeoning movement of degrowth. In this respect, the most important feature of the job guarantee is that it eliminates the profit constraint on employment. With a job guarantee in place, the working class will not be hostage to profit-driven economic growth to secure an income. Under the existing paradigm of global capitalism, the world population faces a trade-off between ecological and economic prosperity. By severing the link between aggregate demand and employment, a job guarantee offers possibilities for an ecologically sustainable future without unemployment. In other words, a job guarantee decouples employment from economic growth and establishes a path for the reconciliation of economic and environmental goals. This chapter discusses the ways in which a job guarantee may be utilized to buttress the social justice and environmental aspirations of degrowth.

Keywords

Degrowth, Environmental Economics, Sustainability, Justice, Social Justice, Job Guarantee

Themes

Degrowth

Links to Reference

• https://doi.org/10.1007/978-3-319-66376-0_3
• http://dx.doi.org/10.1007/978-3-319-66376-0_3
• https://link.springer.com/chapter/10.1007/978-3-319-66376-0_3
• http://196.189.45.87/bitstream/123456789/55259/1/22.pdf#page=71

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