A Quote by Jared Bernstein
The full employment situation reinforces itself.
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I define genuine full employment as a situation where there are at least as many job openings as there are persons seeking employment, probably calling for a rate of unemployment, as currently measured, of between 1 and 2 percent.
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.
Social justice is what faces you in the morning. It is awakening in a house with adequate water supply, cooking facilities and sanitation. It is the ability to nourish your children and send them to school where their education not only equips them for employment but reinforces their knowledge and understanding of their cultural inheritance. It is the prospect of genuine employment and good health: a life of choices and opportunity, free from discrimination.
Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained.
Unlike memory, which confirms and reinforces itself, history contributes to the disenchantment of the world.
Full employment does not mean literally no unemployment; that is to say, it does not mean that every man and woman in the country who is fit and free for work is employed productively every day of his or her working life ... Full employment means that unemployment is reduced to short intervals of standing by, with the certainty that very soon one will be wanted in one's old job again or will be wanted in a new job that is within one's powers.
Capital, and the question of who owns it and therefore reaps the benefit of its productiveness, is an extremely important issue that is complementary to the issue of full employment... I see these as twin pillars of our economy: Full employment of our labor resources and widespread ownership of our capital resources. Such twin pillars would go a long way in providing a firm underlying support for future economic growth that would be equitably shared.
We all may have prejudices, but we're not all part of a system that reinforces, reinvents and reaffirms itself every day of our lives, systemically.
There is nothing like employment, active indispensable employment, for relieving sorrow. Employment, even melancholy, may dispel melancholy.
A waiting person is a patient person. The word patience means the willingness to stay where we are and live the situation out to the full in the belief that something hidden there will manifest itself to us.
It is what you think of this situation that governs you and not the situation itself. Causation is always in mind and not in things.
We tend to think that employment is employment, and we don't ask the question: is this rewarding employment? Research establishes pretty clearly that typical notions of happiness - that more is better - really don't correspond to the way people think and feel.
After the war people said, 'If you can plan for war, why can't you plan for peace?' When I was 17, I had a letter from the government saying, 'Dear Mr. Benn, will you turn up when you're 17 1/2? We'll give you free food, free clothes, free training, free accommodation, and two shillings, ten pence a day to just kill Germans.' People said, well, if you can have full employment to kill people, why in God's name couldn't you have full employment and good schools, good hospitals, good houses?
It is a part of my personality, but not the full circle. That character that you see is 'The Situation.' It's not Michael Sorrentino. You're seeing 'The Situation,' almost like Clark Kent and Superman.
We are the only species on this planet without full employment.
Are deviations from full employment a social problem? Obviously.
