Its Communism/Socialism. Just to give two examples (from India) about how it ends up (1) Min. days employment guarantee to people in rural areas: Build a kutcha (made of mud, temporary, no asphalt) road. And build the road again after it rains. (2) Give everyone a job: Ten people operating a ferris wheel.
There is a reason why capitalism, competition, and corporations have managed to pull more people out of poverty than any other scheme. Of course a set of regulatory policies, socialist schemes, and worker protection laws are required to make sure that the focus is on the people.
There is a reason why capitalism, competition, and corporations have managed to pull more people out of poverty than any other scheme. Of course a set of regulatory policies, socialist schemes, and worker protection laws are required to make sure that the focus is on the people.