The General Theory of Work, Money and Collaboration Page 3
FULL EMPLOYMENT
Page 1 of my version of this General Theory (which is also the HOME page of the website you're now visiting) defines my objectives as full employment; full production; real economic and political freedom; exponential growth in knowledge and know-how of government, business and labor relations; and simplification of a collaborative process aimed at all the above
Page 2 began with COLLABORATION—the last objective. Other pages, starting here, cover the substantive objectives, one by one—starting with FULL EMPLOYMENT.
Full employment is a no-brainer. It means if you want a job you have one—or you have a micro-line of credit to sustain self-employment, if you can't find the right job.
This is fine, everyone agrees, IF you have sufficient wealth to pledge against the line of credit—in case your self-employment fails to repay what you owe on time.
[TO BE CONTINUED]
NOTES FOLLOW:
It all begins with Says Law: Supply creates demand.
Half-true. The problem is we need monetized demand to create the sales
that pay the wages that sustain the sales, etc.
How about: Demand creates supply?
Half-true. Monetized demand, when assumed, may lead moneyed investors to
build the plant that supplies the needs demanded in our market economy.
So money plays a key role--and so it's in the title: TGT of Work, Money,
etc.
But, where does money come from?
I argue it comes from work. It also comes from government and from
private banks. But, what is money worth without work to perform the
tasks that sustain the value of money from day to day -- even from hour
to hour?