tag:blogger.com,1999:blog-3634628224045926034.post59777154817037907..comments2023-08-29T01:27:13.772-07:00Comments on Magpie's Asymmetric Warfare: Predictions and Economic Debate.Magpiehttp://www.blogger.com/profile/07528637318288802178noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3634628224045926034.post-68304819049903525762018-06-03T21:01:56.495-07:002018-06-03T21:01:56.495-07:00Hi, just noticed you noticed my ranting. Dillow ba...Hi, just noticed you noticed my ranting. Dillow basically has it right. But what the JG does is both of those things. It makes capitalism function better. And it is a transitional demand. I find it a bit odd to have to argue this to Marxists. A Job Guarantee was considered a very important example of "transitional demand" by old-fashioned Marxists like Trotsky etc. Marx himself basically said that once there was a JG, the game was up - for capitalism. And capitalist supervillains and their cheerleaders have said the same through the ages. <br /><br />To think that it doesn't make capitalism work better, e.g. worries that it might be Ponzi-ish or inflationary - is farfetched, preposterous - against common sense and Marxist and many other economic schools of thought. Not to speak of an enormous amount of real world experience that would be conclusive in any other field. On its political feasibility, well for a while I have been saying that the country it is most likely to take off in first is my own, the US, and that seems to be coming true; I'm curious as to your thoughts on political feasibility.Calgacushttps://www.blogger.com/profile/06031818010224747000noreply@blogger.com