this post was submitted on 22 Sep 2023
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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submitted 1 year ago* (last edited 1 year ago) by davetapley to c/workreform
 

A video explaining modern monetary theory and how with a little Marxism it can benefit everyone.

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[–] unfreeradical 1 points 1 year ago

Fiat money maintains its value largely because the government will purchase labor, goods, and other assets without any concern for gain versus loss.

The state therefore generates demand even when and where private entities will not or cannot hire workers, make purchases, or invest.