19 03 2015

In a nutshell what I am talking about is the insanity of treating unemployment as a production problem. The typical solution to unemployment is to find ways of producing more – thus creating more jobs. That solution no longer works. If anything in this crazy world we should be producing less. This more production solution to unemployment is also one of the main drivers of our belief in a perpetually growing economy. An excess of labour in a world that is already producing too much is not a problem but rather a great opportunity.

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