header photo

The Analytic Humanist

 smart people helping others

How To Creat Jobs and save money

Normally we think of job creation as a task for business leaders and government. If one understands how the economy works, it is obvious that job creation is a task for the community to perform. If we leave the entire process up to one segment of the economy the results will be hit and miss. Job creation projects work best when they include the consumer and worker. Indeed, as it is easy to see, the worker and the consumer are generally the same person.

Consumers create jobs by making use of the goods and services provided to them by their other identity, the worker. Businesses and governments can and do make goods and services available, but it is the consumer spending his or her money that creates the Demand that decide what jobs are needed. If we think about the process, it is easy to see consumers create jobs based on what is important to them. This creates a strong economy.

Conventional thinkers tell us professionals are needed to create jobs; people who know how to make investments and create business plans. The need for professionals is increased when the people who will use the goods and services are not involved in deciding where the investments will be made. If we erect a system that does not allow Bill to help himself then Bill will have to permit the experts to take over.

Professionals are the only ones qualified to get the funding required to create jobs because the present system make professionals the only one qualified to acquire needed funding. Does this mean experts always know the sort of jobs that need to be created to provide what we the consumer want most? Indeed, do they know how to create the needed jobs in the cheapest way? If not then the job of creating jobs might be better done by people who could create jobs for less cost.

What is a job but me needing you to help me. What is an economy but others who need me to help them and you? Creating jobs is the same thing as creating an economy. Unless an economy is being created creating jobs will not produce prosperity.

No matter what anyone tells you an economy is just people helping one another.

If people are not helping one another you do not have an economy and what you have will not last. T create jobs is to build an economy and this means we find new ways of helping one another. Who better to do this than the community, itself?

Communities are people helping one another. This is what makes a community and this process has been going on everywhere, for all time and is still going on now as it went on at the dawn of time everywhere there is a community. The economy has become more complicated, but the community remains basically unchanged.

An economy is a market used by a community to provide its wants and needs. A market used to be a specific place where people came to trade what they had for what others had. Then the economy became diffused over a wide geographical area and now is said to be global. But no one works globally or buys globally, we still work and buy in a very limited area and this area is generally a local community. A local community’s wants and needs, is more efficiently provided by a local market.

To create jobs all we need is a group of people who want to help one another and a way to measure the value of the job done. To measure the value of a job we use a voucher system issued on the equity of the market. The market being the total value of all the jobs done in the local economy.

Equity is simply wealth or capital. If 100 persons donate $100.00 each, then the available capital is $100 x 100 = $10,000.00. If $30,000.00 of goods and services are donated as well, an additional $30,000.00 in equity or $40,000.00 in capital is available.

Preferred shares are units that measure the value within a market or one of its elements. The market or Exchange can issue 40,000 preferred shares on the strength of $40,000 in capital. These preferred shares can be issued in units that are multiples of each in the same way conventional currencies are issued. This gives the Exchange 40,000.00 units of currency which members use to pay for goods and services.

A community by donating good and services to a community market or Exchange creates an economy.


  • Each person who donates goods or services or cash is given a corresponding number of preferred shares equal in value to the value of the donation in units of the national currency. One preferred share being equal to one unit of the national currency.
  • A core need is identified. Donations are made consistent with servicing that need. This is called the capitalization phase.
  • An executive is appointed to administrate the market. He or she appoints members to handle the set up and operation of the market. All goods and services are paid for in preferred share units unless other arrangements are made.
  • All costs are paid for as much as possible using preferred share units. (Prefers).
  • Payments are made in prefers on a 1 to 1 ratio with the national currency. Thus, if something would normally cost $10.00 it is valued at 10 prefers or 10 preferred shares.
  • In setting up an Exchange look to where the most value can be added, that is where the need is greatest. Perhaps the community has a large surplus of tools and equipment and a need for tools and equipment that is not being met. This serves as the basis of a tool rental facility or a used tools and equipment store or, set up a workshop that can be leased or rented by members.
  • If there is a need for an art gallery to display the work of a group of artists an art gallery could be set up.
  • If the price of beef is a problem a Beef Exchange could be formed with members providing the money to purchase a side of beef and then selling this to members in a silent or Dutch Auction.
  • Members could set up a babysitting business with some members providing the service for other members and the users of the service contracting to provide housekeeping or other services to benefit the babysitters. The point is to create jobs not simply to create work.
  • Plumbers and other trades people could create an Exchange which served as a central office from which jobs could be assigned and paperwork maintained. Each member would be paid in prefers fully or partially and these spent in the community with participating retailers.
  • What is set up is less important than the community identifying a need and supplying that need with what the community already has.
  • As much as is possible the need for cash is reduced. If a food store could be encouraged to accept prefers and local farmers are willing to sell produce to this store for prefers then an economy based on prefers could easily be set up. As other local stores and service providers joined the market the need for national units of currency would decline.
  • Members always seek to replace businesses that need dollars with businesses that will take prefers.
  • Products and services that can only be purchased with units of the national currency are systematically replaced with products and services that are obtained using prefers.
  • All volunteers are paid in prefers. The more prefers in circulation the larger the Exchange economy.
  • Even the volunteers as a hospital could over time be paid a prefers wage.
  • Housekeepers could be given an income using prefers.
  • Students could be paid in prefers for getting good grades, and passing their exams, this would eliminate the need to pay extraordinary premiums to those who need to stay in school for long periods to get a higher education.
  • It is a principle of the Exchange economy that all work that adds value to the Exchange economy ought to be paid for.