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Care, Job Guarantee, and Revisiting “Socialization of Investment”: Insights from Institutional Economics

Zdravka Todorova

No PKWP2216, Working Papers from Post Keynesian Economics Society (PKES)

Abstract: The article discusses commitment to full employment in light of institutional theory and offers a renewed examination of Keynes’s "socialization of investment" concept. The discussion builds on Veblen's theory of human development, predation, and capitalism. It highlights contemporary institutional inquiry in a discussion of ongoing issues of care and social disparities. Based on this, the article formulates problems for a broader inquiry about socialization of investment. The article provides insights about Job Guarantee based on original institutional economics concepts.

Keywords: job guarantee; care systems; Feminist Post Keynesian-Institutional economics; social stratification; socialization of investment; Modern Money Theory and institutions (search for similar items in EconPapers)
JEL-codes: B52 B54 E12 P16 Z18 (search for similar items in EconPapers)
Pages: 18
Date: 2022-05
New Economics Papers: this item is included in nep-his, nep-hme, nep-mac and nep-pke
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