A year ago, I argued that lots of people don’t just want material goods — they crave the dignity that comes from working for a living. Even jobs that economists might deride as make-work can yield meaning, self-respect and social status. For this reason, I suggested that the government should establish a program to give work to everyone who wants it, even if that comes at the cost of a bit less economic efficiency.
But it’s possible that American society is already doing this on its own. For reasons not entirely understood, several big important industries are becoming less productive […]
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