Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Money is an out-dated and obsolete concept. I don't think in terms of UBI so much as people doing the work as needed while housing, food, education, and (especially) medical care is provided by government entitities.
In short, socialism without graft. You can't really have graft without the pretend value of money.
How will government provide those things? Government doesn't create any of that, and it will have to come from somewhere. . .
Quote:
Only labor has value. Without labor, here are no "things" or services. Money is just a way to hoard.
Raw materials and capital have no value, and labor has it all? If that were the case, we would see groups of downtrodden, anti-business SJW's banding together and creating everything necessary (and unnecessary as well) from their labor alone. Material and capital is for suckers!
And their religious masters who actively work against having meaningful sex education, un-complicatedly free birth control,
and dictate shuttering or at least defunding Planned Parenthood.
Not the only way ...but it is the most critical aspect.
Where will the "free" birth control come from? Does it just appear, like manna from heaven?
Money is an out-dated and obsolete concept. I don't think in terms of UBI so much as people doing the work as needed while housing, food, education, and (especially) medical care is provided by government entitities.
In short, socialism without graft. You can't really have graft without the pretend value of money.
Only labor has value. Without labor, here are no "things" or services. Money is just a way to hoard.
Without money, how would you pay workers? Without pay, how would they be motivated to work?
Hoarding money means building up your savings to cover whatever the future might bring. You sound like you want to discourage that.
Graft doesn't need money. E.g. "I will give your son a cushy government job if you convince your boss to withdraw his objections to my plan."
Is there no possible job that could motivate you to work? A lot of retired people stay retired in preference to the jobs available to them, but would gladly go back to work if they could find a job they really liked.
Absolutely not. Within weeks of retiring I was offered a cushy consulting job, then a full time job, then another part time job.
I retired because I had enough set aside to be able to do what I wanted: travel (at least cheaply in an RV), photography, archery, painting, taking courses on the arts, etc. I had no interest in working more just to have more money to spend with fewer days to spend it.
How will government provide those things? Government doesn't create any of that, and it will have to come from somewhere. . .
Raw materials and capital have no value, and labor has it all? If that were the case, we would see groups of downtrodden, anti-business SJW's banding together and creating everything necessary (and unnecessary as well) from their labor alone. Material and capital is for suckers!
Sure Gov't can create, but more than likely we will want to keep as much creation in the private sector as possible. As long as demands are there and resources are available, Gov't can provide the money to encourage the production.
If resources are constrained and/or demands too high yes we get inflation.
If few people are working, who will pay the taxes to fund this income for all?
Let the robots pay the taxes. If a robot replaces a worker, it should pay that worker's taxes. That would have the advantage of both funding the UBI and retaining more humans in the work place.
Norbert Weiner didn't even invent cybernetics until 1949, and it was not until the 1960s that the handwriting appeared on the wall. The solutions that came up back then were:
1. A universal basic income, or
2. Make-work jobs that really didn't need doing, or
3. Massive public works projects.
Public works projects are no longer a realistic option, since the scale of the projects we need is far beyond a few million unskilled workers, and it is beyond the physical capabilities of many of the surplus workers.
We tried make-work with Workfare back in the Clinton administration. We had one in my office for a while, with her salary paid by the feds. We couldn't wait to get rid of her. She was far too stupid to function in a business environment. Everybody's productivity suffered because she was in the way.
We have a jigsaw of social benefits, each administered differently. As George McGovern pointed out when he ran against Nixon, a UBI would be cheaper, because you could just give them a monthly check and let them run their own lives. Set the payment at poverty level, and let them earn some money before reducing the benefit, so some of them would dig themselves out of poverty. Over time it would stimulate business growth, because startups could invest profits back into their business instead of pulling capital out to live on.
Who exactly do you believe gets the benefit of those efficiencies?
It sounds as though it's NOT the owners and shareholders.
The best chance that YOU have...
is to reduce the number of people you'll have to compete against to get one of these increased output jobs.
(which btw should pay pretty well under such circumstances)
Over the last 40 years, all of the increases in productivity have gone to the benefit of owners and shareholders, and none to the workers. Don't hold your breath waiting for increased competition in the workplace to send you a bigger paycheck.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
