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Mehmet Cangul

Chapter Chapter 3 in Toward a Future Beyond Employment, 2014, pp 77-144 from Palgrave Macmillan

Abstract: Abstract If society eventually reaches a state where the labor of a growing number of people is not needed, does such a state have to be inherently harmful? If it is a natural state toward which advanced nations are converging, (a) does it make economic sense for the system to force or produce jobs that may not exist naturally, and (b) does it actually increase the overall well-being of society? Are there, moreover, naturally arising collective inefficiencies and psychological biases that result in an unconscious resistance to this state? And, finally, what is the ultimate goal of this state?

Keywords: Interest Rate; Private Sector; Current Account; Free Time; Advanced Economy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34742-8_3

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DOI: 10.1057/9781137347428_3

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