Care, Job Guarantee, and Revisiting “Socialization of Investment”: Insights from Institutional Economics

14 Pages Posted: 20 Apr 2022

Date Written: April 9, 2022

Abstract

The article discusses commitment to full employment in light of institutional theory and offers a renewed examination of Keynes’s "socialization of investment" concept. The discussion builds on Veblen's theory of human development, predation, and capitalism. It highlights contemporary institutional inquiry in a discussion of ongoing issues of care and social disparities. Based on this, the article formulates problems for a broader inquiry about socialization of investment. The article provides insights about Job Guarantee based on original institutional economics concepts.

Keywords: job guarantee, care systems, Feminist Post Keynesian-Institutional economics, social stratification, socialization of investment, Modern Money Theory and institutions

JEL Classification: B52, B54, B55, E12, P16, Z18

Suggested Citation

Todorova, Zdravka, Care, Job Guarantee, and Revisiting “Socialization of Investment”: Insights from Institutional Economics (April 9, 2022). Available at SSRN: https://ssrn.com/abstract=4080067 or http://dx.doi.org/10.2139/ssrn.4080067

Zdravka Todorova (Contact Author)

Wright State University ( email )

3640 Col. Glenn Hwy.
Dayton, OH 45435
United States

HOME PAGE: http://www.ztodorova.net

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