Macro N Cheese

Anatomy of a Job Guarantee with Fadhel Kaboub

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Synopsis

What can we say about the job guarantee that hasn’t already been said?  Quite a bit, actually, as you’ll see in this and upcoming episodes. This week Fadhel Kaboub is talking to a mellower Steve, fresh from the hospital and still on the mend from Covid19. Fadhel begins with the reality that capitalism is a brutal system that constantly leaves people behind. It’s driven by technological change, and as this develops, we require some workers with new skill sets, while others are rendered virtually obsolete. We don’t have an existing system bringing them into the new technology. We count on individual workers to do this on their own, to somehow anticipate technological change, take time and money from their own budget, so to speak, to invest in learning new skills that will be useful for this new industry that doesn't exist yet and somehow be ready to go to transition to those new jobs. And those jobs sometimes are in a different location. Sometimes they're completely in a different country, a different p