Quote:
Originally Posted by sneddog
At will unimployment? I am sorry, please explain.
|
What is your point? Mogadishu is a functioning anarchy, and has no socialism, at all; and, has more "riots" than most socialist countries.
I don't subscribe to your opinion on poverty being a condition of the soul. Not all religions advocate poverty as a form of virtue. From a more secular perspective, second world economies have already disproved that theory sufficiently for me to not consider it a factor in first world economies.
Being poor, and eliminating official poverty are two different things. Someone can be poor, and still not be in official poverty.
Having a public policy that ensures zero percent official poverty is not a public policy that enables some people to win the lottery as form of public policy to eliminate poverty. A more effective public policy would not be similar to welfare, as we currently know it; but, could be a better use of current unemployment insurance schemes, which can have the effect of ensuring zero percent official poverty.
For the sake of simplicity of discussion, lets suppose that, in our form of statism, poverty is due to a simple lack of income. Official poverty is a rate set by the public sector, as a minimum income (in a manner similar to a minimum wage). If anyone has an income above the official poverty rate, then they can no longer be considered in official poverty.
If we have a "natural" unemployment rate, how can some people not be in poverty at any given time, in our mixed market economy, if they have no income?
A hypothetical at-will unemployment income, as a form of public policy can achieve zero percent official poverty. This type of public policy would also complement (US) at-will employment laws and doctrine. It could be as market friendly as current forms of unemployment insurance, provide useful labor market based metrics, and be easily understandable to anyone living in a mixed market economy since they would have a choice to either apply for unemployment (at rock bottom cost) or provide labor input to the market at market rates.
Market friendly public policy would also have the effect of lowering the cost of the public sector (government) due to reduction in administrative costs, and lower some costs to the private sector (e.g. civic service). This could have the effect of lowering our tax burden by lowering those costs.