When Regulation, Not Capitalism, Creates Fake Jobs
https://mises.org/mises-wire/when-regulation-not-capitalism-creates-fake-jobs
by Alexis Sémanne
> Among the criticisms of capitalism is that it supposedly creates meaningless jobs created by villainous capitalists to keep people docile. However, it is state power and regulation that makes many jobs little more than meaningless make work.
With all the Feds being laid off this year, and greatly reduced government funding for propaganda purposes, I've been thinking about how these jobs contribute to elevated prices. These millions of people were/are bidding up the prices of resources without adding to what's available to consume.
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When Regulation, Not Capitalism, Creates Fake Jobs \ stacker news ~econ
by Alexis Sémanne Among the criticisms of capitalism is that it supposedly creates meaningless jobs created by villainous capitalists to keep peop...
