The Job Guarantee and Municipal Confederalism: Exploring the National and Local Levels of Program Operation

Mathew Forstater

Chapter Chapter 6 in Employment Guarantee Schemes, 2013, pp 145-154 from Palgrave Macmillan

Abstract: Abstract In recent years, an approach to full employment known alternatively as Employer of Last Resort (ELR), Job Guarantee (JG), and Public Service Employment (PSE) has been put forward as an effective strategy for eliminating involuntary unemployment and promoting economic stability. It has also been argued that JG may be used to promote environmental sustainability and, more generally, as a vehicle for progressive social policies (Forstater, 2004). Most of the recent proposals for a JG have been put forward within what has come to be known as Modern Monetary Theory (MMT), a term that encompasses the Chartalist approach to money and the functional finance approach to managing government budgets (Wray, 1998).

Keywords: Full Employment; Public Service Employment; Involuntary Unemployment; Employment Guarantee; Community Service Organization (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-31399-7_7

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DOI: 10.1057/9781137313997_7

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