On jobs and welfare
We often hear the expression "this creates jobs". But job creation cannot be good in itself. The state could create well payed jobs for everyone for doing nothing. Even with jobs, if nobody produces food, then people would starve. What is important is welfare creation - goods and services, that is often accompanied by occupied people that have jobs. Such welfare creation should equate to a better life for the ones who consume that created welfare. There are many nuances here. In these days, only a fraction of jobs is actually involved in creating goods and services that directly affect the quality of life. There is a high portion of jobs that are involved in organizing the welfare creation and redistribution. This includes management, state administration, banks, lawyers, police and more. Without a system to control the fair exchange of goods through money, people would tend to break contracts and steal from the welfare created by others. While such "administrative...