Who creates jobs?

The arrogant 1% attempt to claim the title of "job creators", but who really creates jobs? It's very simple.

Jobs are created when someone wants to produce a product or service to meet a demand that is unmet in the market. Demand exists when individuals have the ability to purchase goods and services. Let's take a tiny example. Suppose you have 10 people on an island. Take a look at two variant theories about how the ten are employed.

Scenario 1) One person owns the entire island. That person "hires" the other 9 to work the land and produce foods, so that they can all have a portion of it. The "King" gets the bulk of the production, and lives very comfortably, while the "serfs" get just enough to survive. When they have a good year, and produce more, the King, who already has everything he needs, keeps it, and lives more lavishly. This is the system that credits the royal class for creating all jobs.

Scenario 2) All ten share ownership in the island. Some of them are better farmers, while others are better at making clothes etc, so the ones that are better farmers work the land and trade food for the clothes and other goods they need. Everyone does better than they would on their own, and they each work to meet the needs of the others through trade. When they have a good year and produce more, those who produced more food trade for more or better products from the others, to meet their needs, increasing their wealth. This is the model that recognizes jobs are created by demand, and that demand is strongest when wealth is distributed throughout the economy instead of accumulated in very few hands.

Think about this: You give $1 million to a person who already has $100 million. That person is already buying everything they need with their existing money. An extra 1% is such a minimal impact on their wealth, they probably won't even notice it, and are not likely to spend that money on new products or services.
Instead: Give $1,000 to each of 1,000 people who have no wealth in the bank. Since this $1,000 is a considerable amount to them, they will likely very quickly use that money to buy goods and services that they previously could not afford. That $1 million in increased demand for products and services will be met by someone (job creation). Fundamentals of economics show that this $1 million will recirculate in the economy, creating additional jobs, so that in the end you have created about $3 million in additional payroll. (This is how stimulus, and coincidentally traded sector jobs, works).

The job creators are not the 1%. The job creators are the mass of the population who create demand for goods and services.