Who creates the jobs?

[P4man]

So you are saying that if the average person has enough money he will invest it himself?

If the average person has enough money to finance his desiderata, if and when its needed, someone will invest to provide those. The idea that there isnt enough capital for investment is ludicrous; never in recent history has there been a greater concentration of wealth. That wealth is available to invest, the only thing thats missing is the incentive.. ie, profitability of the investment.

[1714106275]

1714106275

[TheHeroMember]

We/people create jobs, the government tries to take it away from us.

[Rassah]

Who creates the jobs?

Atlas. Unremoursefully.

[Iyeman]

Jobs are stupid, robots are the future.
The rich should just build or buy robots, and the robots should produce everything and build everything, the people should all be fired and YES who gives a shhh about the poor people without a job, In my opinion it is pointless to have more jobs, I think less jobs are better but more productivity using automation is the key to the future.

[BadBear]

Jobs are stupid, robots are the future.
The rich should just build or buy robots, and the robots should produce everything and build everything, the people should all be fired and YES who gives a shhh about the poor people without a job, In my opinion it is pointless to have more jobs, I think less jobs are better but more productivity using automation is the key to the future.

Whos gonna buy the products if everyone is jobless?

[bb113]

The robots will do the shopping obviously. They will be programmed to use currency with advertising space(ads directed at the robots) somehow associated. For example, an image on a dollar bill. The humans will own the capital and split the ad revenue amongst themselves, then pay the robots to shop.

[stcupp]

I'm glad you admit the article isn't entirely interesting but I did read it and the followup. It boils down to the claim that without customers, there would be no jobs. Which is true. But wait, without the sun, there would be no jobs either. Therefore the sun actually creates the jobs. All hail Apollo, the sun god!

We already have a sun, so thats not relevant. We already have companies making just about everything that people desire and that money can buy. What we dont have is customer demand for their products because the customers are broke. Its not rocket science.

+1

[Hawker]

Rich people invest, and investment creates jobs. Employees need to be worth the capital to be hired, but ultimately the investment creates the jobs ergo rich create jobs.

Thats not correct.  Most investors are institutions managing the savings of working people and retirees.

[Schleicher]

Actually, small and medium sized companies are creating the most jobs.
Since most of them are not running at full capacity they don't see a reason to hire more people.
They only hire more if they can sell the products.

[JA37]

Actually, small and medium sized companies are creating the most jobs.
Since most of them are not running at full capacity they don't see a reason to hire more people.
They only hire more if they can sell the products.

Are those the companies that get the big tax breaks? It would make sense, wouldn't it?