This is the paradox of politicians promising to create jobs. Jobs aren't things that exist and we have to fight over. They're just a manifestation of needs. Someone needs a cleaner building, bam, job. Someone needs an application, job. Someone needs their car fixed, job.
Where do jobs come from? ...and if that's too politically triggering: where does stuff that needs doing — that other people are willing to pay for — come from? Is there a finite supply of stuff to do? Can it be expanded? Contracted? So much rides on the way we think about this
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One of the beauties of capitalism is that it's one of the most efficient economic systems for needs to manifest as jobs. If someone wants a job, instead of chasing jobs they should look for unfilled needs.
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Feedback loop between hirers and consumers, can be expanded/contracted mostly decided by hirers
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Once in discourse with one of the first employees at Dell computer, this subject sort of came up and it was really profound, bc we were talking about how businesses create value@by solving problems. But he disagreed with me and made the point that ppl invent value, bc most of...
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..our basic needs as humans were met a long time ago.
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Productivity, backed by competition. That drives down prices, and the savings create new demand, and the jobs to fill them.
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Maslow’s hierarchy of needs seems to address where jobs come from, all the way from survival (doctors, farmers) up to creativity (artists, musicians) and everything in between.
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This tweet made me think of an economics lecture series I just started watching from
@MazzucatoM@ucl https://www.ucl.ac.uk/bartlett/public-purpose/news/2019/jan/new-rethinking-capitalism-lectures-featuring-world-leading-economic-thinkers-released#The%20market%20shaping%20forces%20of%20capitalism …Thanks. Twitter will use this to make your timeline better. UndoUndo
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It’s when you want something done, and can’t or don’t have time to do it yourself, but have resources to share that incentivizes someone else to do that thing for you.
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