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We would lose all top doctors, architects, professors, mechanics, etc, etc, etc. What is the incentive to better oneself if you are going to be even with the lazy POS who doesn’t get off her fat a$$? The answer is NONE.
I think the OP meant that all money would be redistributed equally just one time.
So, going forward, professional people would presumably continue to make more money like they always have.
If that happens one time - what would stop it from happening again? And again?
Exactly. And I don’t know about others...but after working hard in honors classes for an entire childhood and giving up free time for extra curriculars..and then putting in 12 hour days working and going to college for 6 years...working long hours in a technical profession and doing continuing professional education unpaid....taking the time to learn how money works and then actually budgeting and learning how to build wealth...I wouldn’t happily go back to grinding away. It all seems pretty demotivating. I wouldn’t be willing to trust that another....”reset” wasn’t on the way.
People have no understanding of what profit is. It’s value creation. The reason there is money is value creation. You can’t just redistribute “money tokens”. Because the people who create the value might just stop doing so. Without the goods and services that generate value...your money isn’t worth anything.
Last edited by Thatsright19; 03-30-2019 at 12:55 AM..
Exactly. And I don’t know about others...but after working hard in honors classes for an entire childhood and giving up free time for extra curriculars..and then putting in 12 hour days working and going to college for 6 years...working long hours in a technical profession and doing continuing professional education unpaid....taking the time to learn how money works and then actually budgeting and learning how to build wealth...I wouldn’t happily go back to grinding away. It all seems pretty demotivating. I wouldn’t be willing to trust that another....â€reset†wasn’t on the way.
People have no understanding of what profit is. It’s value creation. The reason there is money is value creation. You can’t just redistribute “money tokensâ€. Because the people who create the value might just stop doing so. Without the goods and services that generate value...your money isn’t worth anything.
I'm sorry that your education took such a toll on you. For what ever reason the learning process for me was most fun and fulfilling. And for all different reasons so was my earning and investing years.
But aside from that, tokens are just that, and exchangeable for real goods and services. With newer technologies and such our overall productivity rises despite needing fewer workers. Productivity is the key, along with enough resources. Today those resources include human labor. In the distant future maybe not so necessary.
So if less than productive future people are handed tokens for just being there, as long as productivity is enough the whole shebang should work.
During this evolution there are bound to be areas of goods and services that inflate due to either a relative lack of required resources or productivity. And as long as that involves non-essential goods and services the people will adapt.
Otherwise something has to give. And most likely that would involve central management or controls. Like WW2 rationing and/or price controls.
........So if less than productive future people are handed tokens for just being there, as long as productivity is enough the whole shebang should work........
Why would there be any productivity? Goods don't appear out of thin air and why would anyone go and work at the factory just to get the exact same wages as the fellow who sits on his butt all day? There would be no reason to invent the machinery for the factory, or to maintain the machinery for the factory
Or to grow more on the farm that your own family would eat. Not that you could ship the excess to the big city because why would anyone drive a truck, or service a truck, or make cardboard boxes when they could sit around doing nothing for the same money?
The early communist countries had to set quotas and force people to work, under threat of the gulag. And still everyone (except the party members) went hungry.
The newer socialist countries learned the lesson and they are all hybrids of socialism and capitalism, so that someone is motivated to produce goods. Incomes are not even and depend upon productivity.
Why would there be any productivity? Goods don't appear out of thin air and why would anyone go and work at the factory just to get the exact same wages as the fellow who sits on his butt all day? There would be no reason to invent the machinery for the factory, or to maintain the machinery for the factory
Or to grow more on the farm that your own family would eat. Not that you could ship the excess to the big city because why would anyone drive a truck, or service a truck, or make cardboard boxes when they could sit around doing nothing for the same money?
The early communist countries had to set quotas and force people to work, under threat of the gulag. And still everyone (except the party members) went hungry.
The newer socialist countries learned the lesson and they are all hybrids of socialism and capitalism, so that someone is motivated to produce goods. Incomes are not even and depend upon productivity.
Many people will still work. Many new jobs will be created all along the way. But if a robotic system can create mass quantities of product X with few workers, then its price will stay low and demands satisfied. Of course this cannot happen anytime soon with enough goods and services to satisfy all our people. And won't happen if resources are limited.
Many people will still work. Many new jobs will be created all along the way. But if a robotic system can create mass quantities of product X with few workers, then its price will stay low and demands satisfied. Of course this cannot happen anytime soon with enough goods and services to satisfy all our people. And won't happen if resources are limited.
What is work for you? Just showing up when you feel like it?
If we are not talking about communist's wet dream about a paradise where robots are doing everything, then someone would still have to do all the research, development and support of those robots. And that would require a lot of education and hard work to manage very complex systems. And such work would require a lot of effort since it is impossible to accomplish a complicated task by working only when you feel like it. And you need to have mill8ons people like that.
So you tell me why would anyone want to waste 20 best years to get that education and then go work hard every day if he can just sit on his ass or party and have the same quality of life? I hope to hear something different than a usual progressive crock about people becoming super altruistic when they have all their needs met by others.
What is work for you? Just showing up when you feel like it?
If we are not talking about communist's wet dream about a paradise where robots are doing everything, then someone would still have to do all the research, development and support of those robots. And that would require a lot of education and hard work to manage very complex systems. And such work would require a lot of effort since it is impossible to accomplish a complicated task by working only when you feel like it. And you need to have mill8ons people like that.
So you tell me why would anyone want to waste 20 best years to get that education and then go work hard every day if he can just sit on his ass or party and have the same quality of life? I hope to hear something different than a usual progressive crock about people becoming super altruistic when they have all their needs met by others.
Well as a doc I sure did. Of course your experience is different than mine. But I know few free loaders and many hard working successful people who have no intention of sitting on their butts. Freebies or not.
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