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In Easter Lettter, the Pope suggests a Universal Basic Wage to World Leaders
Not the first time Universal Basic Wage has been raised but the Pope mentions this in his Easter letter to world leaders.
We have to bear in mind that this money does not disappear when it gets given out but goes into the economy and people spend it at local stores and supermarkets. It helps the economy, and even money placed in the bank means the bank spends it by lending or investing in homes, shops and offices. A true UBW would ensure everyone had enough to live a basic life free of personal economic concerns.
Unfortunately, I do not think those who want to control the population will agree to this, as it reduces their hold on people.
In an Easter letter to world leaders, Pope Francis opined that “this may be the time to consider a universal basic wage which would acknowledge and dignify the noble, essential tasks you carry out.”
“It would ensure and concretely achieve the ideal, at once so human and so Christian, of no worker without rights,” the Pope argued.
In the letter, Francis argued that many workers, including “street vendors, recyclers, carnies, small farmers, construction workers, dressmakers, the different kinds of caregivers” were being “excluded from the benefits of globalization,” while “the lockdowns are becoming unbearable.”
There will come a time when all the factories are run by robots and a lot of the white collar jobs have gone to AI and roboadvisors where universal basic income will be needed to keep societies stable. We are several decades from that point but it's not a bad idea to talk about it now and make plans for such things way down the road even if it's counterproductive to implement them at the current time.
Unfortunately, I do not think those who want to control the population will agree to this, as it reduces their hold on people.
UBI is inevitable. Increasing robotics, automation and productivity will allow to them produce all the goods we need with a lot less labor. Unemployed people without incomes can't buy the products the wealthy class produce, so you end up with excess widgets and a shortage of demand. So eventually the wealthy class will want UBI payments to stimulate demand for goods and services that they produce. You can't get wealthy and stay wealthy unless you have consumers with money to spend.
UBI will happen not because the wealthy class suddenly feel sorry for the "little people" -- it'll happen when they realize it's needed to keep sales, revenue and profits up, and that putting free money in people's pockets will make the upper elite wealthier.
UBI is inevitable. Increasing robotics, automation and productivity will allow to them produce all the goods we need with a lot less labor. Unemployed people without incomes can't buy the products the wealthy class produce, so you end up with excess widgets and a shortage of demand. So eventually the wealthy class will want UBI payments to stimulate demand for goods and services that they produce. You can't get wealthy and stay wealthy unless you have consumers with money to spend.
UBI will happen not because the wealthy class suddenly feel sorry for the "little people" -- it'll happen when they realize it's needed to keep sales, revenue and profits up, and that putting free money in people's pockets will make the upper elite wealthier.
Agreed.
I don't see how you avoid it. I work for a large organization that furloughed a lot of people. When I look under my director, the people who were furloughed were either very new or clearly the weakest on their teams.
My manager furloughed our weakest link. This person was also laid off from her two most previous jobs. She's not a bad person and she's not incompetent, but she's nowhere near the most skilled and has no social skills. As all this was going on, she would tell our manager in morning meetings that she had little to do. Even if I had little to do, I would keep talking and even making stuff up. When someone admits they have little going on and layoffs are happening, who is going to get one?
She's 55 with health issues. She's supposed to be recalled from the furlough, but our manager has had me and another senior analyst take on the few bigger things she had. The new person is taking on the smaller projects while we mentor her. Even if she comes back, there's nothing for her to do.
In Easter Lettter, the Pope suggests a Universal Basic Wage to World Leaders
Not the first time Universal Basic Wage has been raised but the Pope mentions this in his Easter letter to world leaders.
We have to bear in mind that this money does not disappear when it gets given out but goes into the economy and people spend it at local stores and supermarkets. It helps the economy, and even money placed in the bank means the bank spends it by lending or investing in homes, shops and offices. A true UBW would ensure everyone had enough to live a basic life free of personal economic concerns.
Unfortunately, I do not think those who want to control the population will agree to this, as it reduces their hold on people.
Sure thing, we can pay for it by taxing the Catholic Church at the corporate rate.
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