{"id":11866,"date":"2015-03-05T10:09:42","date_gmt":"2015-03-05T15:09:42","guid":{"rendered":"http:\/\/multiplier-effect.org\/?p=11866"},"modified":"2019-03-14T11:06:07","modified_gmt":"2019-03-14T15:06:07","slug":"spains-proposal-for-a-job-guarantee","status":"publish","type":"post","link":"https:\/\/blogs.bard.edu\/multiplier-effect\/spains-proposal-for-a-job-guarantee\/","title":{"rendered":"Spain&#8217;s Proposal for a Job Guarantee"},"content":{"rendered":"<div id=\"stcpDiv\">\n<p>Yesterday I participated in a press conference and gave the first of a series of lectures in Madrid on MMT and the Job Guarantee. At the press conference, Alberto Garz\u00f3n announced his party\u2019s plan to create a million jobs in a targeted JG: &#8220;<a href=\"http:\/\/m.publico.es\/Pol%C3%ADtica\/1903984\/iu-plantea-un-plan-de-9-600-millones-para-crear-un-millon-de-empleos-en-un-ano\">IU plantea un plan de 9.600 millones para crear un mill\u00f3n de empleos en un a\u00f1o<\/a>&#8221;<\/p>\n<p>Alberto and his brother, Eduardo, are well-versed in MMT. He emphasized that the barrier to full employment is not technical but political. If the political will exists, full employment can be achieved and sustained. MMT shows the way to understanding the policy options that are available to sovereign government.<\/p>\n<p>The newspaper <a href=\"http:\/\/m.publico.es\/Pol%C3%ADtica\/1903984\/iu-plantea-un-plan-de-9-600-millones-para-crear-un-millon-de-empleos-en-un-ano\">article<\/a> summarized some of the points I made, arguing that we should no longer see the finances of a government as similar to those of a household:<\/p>\n<blockquote><p>Por su parte, Randall Wray, que ha estado presente en la presentaci\u00f3n de la propuesta, ha rechazado las teor\u00edas que equiparan el funcionamiento del Estado con el de una familia, ya que el primero puede emitir su propia moneda y no puede quedarse sin dinero, por lo que sus opciones de gasto e inversi\u00f3n son diferentes y la austeridad no es la \u00fanica salida posible.<\/p>\n<p>Esto hace plausible el trabajo garantizado, que ya se aplic\u00f3 de alguna manera en los a\u00f1os 30 del siglo XX en Estados Unidos con el \u2018New Deal\u2019 de Franklin D. Roosevelt, pero tambi\u00e9n en Argentina y, m\u00e1s recientemente, en la India, que incluso ha \u201cincluido en su Constituci\u00f3n el derecho al trabajo\u201d, que la Declaraci\u00f3n Universal de los Derechos Humanos de la ONU tambi\u00e9n recoge.<\/p>\n<p>La diferencia con este tipo de propuestas aplicadas hasta la fecha en otros pa\u00edses \u2013\u201dCasi todos los que tienen un paro inferior al 2%\u201d, seg\u00fan el profesor estadounidense\u2013 es que la ambici\u00f3n de IU es que sea \u201cuniversal y permanente\u201d, y que no se desactive una vez superada la crisis.<\/p><\/blockquote>\n<p>Many other links to yesterday\u2019s events are <a href=\"https:\/\/www.google.es\/?gfe_rd=cr&amp;ei=bjL4VIO0CaSp8wePg4GoDw&amp;gws_rd=ssl#q=teoria+monetaria+moderna+garz%C3%B3n\">here<\/a>.<\/p>\n<p>A universal and permanent Job Gurantee will make full employment a reality.<\/p>\n<p>I\u2019ll report more on MMT in Spain tomorrow.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I participated in a press conference and gave the first of a series of lectures in Madrid on MMT and the Job Guarantee. At the press conference, Alberto Garz\u00f3n announced his party\u2019s plan to create a million jobs in a targeted JG: &#8220;IU plantea un plan de 9.600 millones para crear un mill\u00f3n de [&hellip;]<\/p>\n","protected":false},"author":208,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,112],"tags":[1021,1020,239,151,229],"class_list":["post-11866","post","type-post","status-publish","format-standard","hentry","category-employment","category-modern-monetary-theory","tag-alberto-garzon","tag-izquierda-unida","tag-job-guarantee","tag-mmt","tag-spain"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11866","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/users\/208"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/comments?post=11866"}],"version-history":[{"count":5,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11866\/revisions"}],"predecessor-version":[{"id":14448,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/posts\/11866\/revisions\/14448"}],"wp:attachment":[{"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/media?parent=11866"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/categories?post=11866"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.bard.edu\/multiplier-effect\/wp-json\/wp\/v2\/tags?post=11866"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}