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From today's New Yorker regarding an Austrian experiment:
www.newyorker.com
What Happens When Jobs Are Guaranteed?
In a small Austrian village, an experimental program finds—or creates—work for the unemployed.
"On my last day in Gramatneusiedl, I had coffee with Thomas Schwab, its mayor, at the Job Guarantee headquarters. An older man who speaks with a cautious, professorial air, Schwab wrote his master’s thesis on the original Marienthal study; he sees the current project against this historical background. 'Maybe you know about Adam Smith, and these guys who say that the market is always right,' he said. 'If you don’t find a job, then just work for less money. But that’s completely wrong! If I have no jobs in my company, there can be a thousand people outside, and they could say, like in the nineteen-thirties, ‘I will work just for something to eat.’ Did they find a job? They didn’t find a job, because nobody had a job to offer.'
"Sven Hergovich, the regional director of the Public Employment Service of Lower Austria, essentially agrees with this analysis. He thinks that rising demands for productivity and efficiency mean that, now and in the future, not everyone will be able to find a job without support. 'There are not sufficient jobs available for all of the long-term unemployed,' he told me. “In fact, we have only two options. Either we finance long-term unemployment, or we create a job guarantee."
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