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Public employment and environmental sustainability

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  • Mathew Forstater

Abstract

This paper suggests that a public service employment (PSE) or job guarantee (JG) program run on the principles of functional finance can be designed to promote environmental sustainability. Unregulated or poorly regulated capitalist economies are both macroeconomically unsatisfactory (here focusing on unemployment, but also including price stability) and environmentally unsustainable. Traditional approaches addressing either unemployment or environmental degradation are insufficient to achieve full employment or environmental sustainability, and often proposals to attain one of these goals appear inconsistent with the other. A PSE program based on functional finance can achieve full employment, and may also present opportunities to promote environmental sustainability. A functional finance approach to ecological tax reform presents an opportunity to promote both macroeconomic and environmental goals. The flexibility of a PSE system also can be utilized to promote sustainability in a number of ways. PSE workers may also perform an array of environmental services, including monitoring, clean up, recycling, education, and more.

Suggested Citation

  • Mathew Forstater, 2003. "Public employment and environmental sustainability," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 25(3), pages 385-406.
    • Handle: RePEc:mes:postke:v:25:y:2003:i:3:p:385-406
    DOI: 10.1080/01603477.2003.11051364
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    Citations

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    Cited by:

    1. Jafar Rana Adeel & Shabbir Aiza & Kousar Farzana, 2019. "Impact of Green Practices on Buying Habits in Pakistan’s Food Sector," Economics, Sciendo, vol. 7(2), pages 19-30, December.
    2. Yannis Dafermos & Maria Nikolaidi, 2019. "Fiscal policy and ecological sustainability," FMM Working Paper 52-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    3. Landwehr, Jannik J., 2020. "The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles," IPE Working Papers 150/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    4. Dafermos, Yannis & Nikolaidi, Maria, 2019. "Fiscal policy and ecological sustainability: a post-Keynesian perspective," Greenwich Papers in Political Economy 37777, University of Greenwich, Greenwich Political Economy Research Centre.
    5. Sarah Holdsworth & Ian Thomas, 2015. "Framework for Introducing Education for Sustainable Development into University Curriculum," Journal of Education for Sustainable Development, , vol. 9(2), pages 137-159, September.
    6. Jasna Petković & Nataša Petrović & Ivana Dragović & Kristina Stanojević & Jelena Andreja Radaković & Tatjana Borojević & Mirjana Kljajić Borštnar, 2019. "Youth and forecasting of sustainable development pillars: An adaptive neuro-fuzzy inference system approach," PLOS ONE, Public Library of Science, vol. 14(6), pages 1-25, June.
    7. Mansoor Maitah & Daniel Toth & Luboš Smutka & Kamil Maitah & Veronika Jarolínová, 2020. "Income Differentiation as a Factor of Unsustainability in Forestry," Sustainability, MDPI, vol. 12(11), pages 1-14, June.
    8. Svartzman, Romain & Dron, Dominique & Espagne, Etienne, 2019. "From ecological macroeconomics to a theory of endogenous money for a finite planet," Ecological Economics, Elsevier, vol. 162(C), pages 108-120.

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