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stock market is pretty open right now... low barrier to entry really, well, low if you have the money to play...
peer to peer lending like prosperity/lending club... I'm not entirely sure I like those odds either. I rather "lend" to companies by way of buying their stocks/bonds.
Today I just the market just transferred some money from the hedge fund guy, Bill Ackman and the likes, to my account. I've made 30% today. Maybe trading perhaps.
Last edited by NewbieHere; 03-15-2016 at 02:49 PM..
What would be the most efficient means of distributing resources and wealth in a world without work/jobs? Or at least a world where there is not enough work for all?
It's getting to the point where many jobs are as simple as pushing a button. As technology progresses, tasks will be made easier, jobs may be consolidated and lost, and a growing share of the population will not be able to function in our economic system.
Realistically, work will continue to be relevent for a long time. Even if the system is not efficient, "work" gives purpose to millions, and keeps them busy and occupied. That way, the crooks in DC can continue to rob them blind.
I guess the masses will start "forcing" the 1% to give up some of their wealth, either via laws or from more violent measures (aka heads hanging from lamposts)...
There is no society in which there are no jobs. I'm assuming you mean how to distribute a society's wealth if we abandoned our current system of doing that. My outline:
1. There would be a baseline for everyone in the society. Decent shelter, food and water, healthcare, exercise.
2. Everyone who is capable of working SHOULD work at something they are good at. Growing food; taking care of children; educating; providing medical care; manufacturing needed goods; providing needed services like security, communications, transportation, entertainment, etc.; performing administrative tasks; doing research and R&D.
3. People would earn a salary commensurate to the importance of what they do for the welfare of the society. Educators and medical specialists would be very well-paid. Researchers and people who create systems to improve life in general would be compensated fairly. Leaders who do a good job would be paid for their extra efforts. People who perform thankless or unpleasant tasks would be compensated in accordance with their accomplishments.
Our current system accomplishes SOME of those things. Capitalism generally encourages work, attempts to reward hard work, tries to distinguish needed skills from superfluous activities. But our poor, superficial social values cause us to emphasize things like entertainment, beauty, novelty, and toys (everything from recreational drugs to mansions to yachts) too highly at the expensive of genuinely important things like education, research, and good health.
Our current system does the least to ensure the first thing on my list. It's absurd that the richest country in the history of the world has homeless people, hungry people, abused children, and needy elderly. Capitalism is a terrible system where those who lack mental health and physical abilities are concerned.
Last edited by Jukesgrrl; 03-15-2016 at 05:36 PM..
There is no society in which there are no jobs. I'm assuming you mean how to distribute a society's wealth if we abandoned our current system of doing that. My outline:
1. There would be a baseline for everyone in the society. Decent shelter, food and water, healthcare, exercise.
2. Everyone who is capable of working SHOULD work at something they are good at. Growing food; taking care of children; educating; providing medical care; manufacturing needed goods; providing needed services like security, communications, transportation, entertainment, etc.; performing administrative tasks; doing research and R&D.
3. People would earn a salary commensurate to the importance of what they do for the welfare of the society. Educators and medical specialists would be very well-paid. Researchers and people who create systems to improve life in general would be compensated fairly. Leaders who do a good job would be paid for their extra efforts. People who perform thankless or unpleasant tasks would be compensated in accordance with their accomplishments.
Our current system accomplishes SOME of those things. Capitalism generally encourages work, attempts to reward hard work, tries to distinguish needed skills from superfluous activities. But our poor, superficial social values cause us to emphasize things like entertainment, beauty, novelty, and toys (everything from recreational drugs to mansions to yachts) too highly at the expensive of genuinely important things like education, research, and good health.
Our current system does the least to ensure the first thing on my list. It's absurd that the richest country in the history of the world has homeless people, hungry people, abused children, and needy elderly. Capitalism is a terrible system where those who lack mental health and physical abilities are concerned.
You missed the whole point. #2 doesn't apply. There aren't jobs for everyone who wants to work. What happens to those people in your scenario? We pay those who want to work the same as those who actually do?
Or are they relegated to the same as people who don't want to/can't work?
And who gets to decide what jobs are most important? People put different values on different things.
I guess the masses will start "forcing" the 1% to give up some of their wealth, either via laws or from more violent measures (aka heads hanging from lamposts)...
Mass surveillance, "terrorist" laws, and propaganda will keep that from being a worry until it's far too late to do anything about it.
You missed the whole point. #2 doesn't apply. There aren't jobs for everyone who wants to work. What happens to those people in your scenario? We pay those who want to work the same as those who actually do?
Or are they relegated to the same as people who don't want to/can't work?
And who gets to decide what jobs are most important? People put different values on different things.
There are jobs, people just don't want to work them because they think they can get/deserve better...
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