Open AccessPełne zatrudnienie – porzucona idea i jej odrodzenie
Author(s) -
Dariusz Grzybek,
AUTHOR_ID
Publication year - 2021
Publication title -
nierówności społeczne a wzrost gospodarczy
Language(s) - English
Resource type - Journals
eISSN - 2658-0780
pISSN - 1898-5084
DOI - 10.15584/nsawg.2021.4.1
Subject(s) - full employment , proposition , meaning (existential) , context (archaeology) , economics , wage , inflation (cosmology) , post keynesian economics , labour economics , unemployment , public policy , political economy , positive economics , keynesian economics , macroeconomics , economic growth , psychology , paleontology , philosophy , physics , epistemology , biology , theoretical physics , psychotherapist
This article deals with the recovery of the idea of full employment. Its principal aim is to gather evidence that this idea has new functions in the present social context and that the main problems of the full employment policy have reasonably well founded solutions. The method of this text is to analyse the social meaning of economic theories. In every analysis of full employment, the politics of inflation pressure seems to be the main and unresolved problem. This pressure is biggest as the economy nears full employment. The first proponents of full employment policies, including W. H. Beveridge and A. P. Lerner, knew this problem very well. Contemporary followers of full employment policies also endorse the Lernerian concept of functional finance. However, they recommend an institutional change and reject the Keynesian discretionary macroeconomic policy. Their proposition is the Job Guarantee Programme: employing all of the willing people without a job in the public sector and paying them a universal decent wage. The job guarantee is an old idea in a new form and a new context. In times of economic decline, a Job Guarantee Programme delivers a more egalitarian organisation of society and a greater level of equality instead of doubtful prospects for economic growth.