RE: RE: 💸Universal Basic Income 💸
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RE: 💸Universal Basic Income 💸

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9y

I find that a strange point of view. Currently we are a slaves, wage slaves to the corporations we work for, having no free will to say 'no' to anything because our life depends on the money we earn. I don't see how getting money from the central bank without any conditions attached would make you a slave, much less if the money was distributed though a cryptocurrency on the blockchain as mentioned above.

Further, the innovations in the coming 1-2 decades will push automation of jobs in an unparalleled way. If you think your job is safe from automation you're most probably wrong. Remember, flying was once considered impossible, going to the moon was considered impossible. Don't underestimate technological progress.

Besides there are currently a lot of jobs that are just plain unnecessary, adding no real value to economy. Think of all the telemarketers, HR managers, social media strategists, PR advisors, and a whole host of administrative positions at hospitals, universities, and government offices. These kinds of jobs exist only because people need to earn a living income. Even the people doing them often call them "useless" or "unnecessary". Talk about a life that makes sense. And in contrast there is a lot of work of immense economical value that people currently earn no cent for, on the contrary they even pay for it. Think of all the caring work, raising children etc. This is not only unfair but quite honestly I find it a disgrace to a modern society.

Many forward thinking economic leaders, most of all Elon Musk, are convinced that a basic income will be essential. Because they understand once a majority of the people are unemployed due to automation then no one will be buying the stuff the robots produce anymore. And that would be pretty much the end of capitalism.

@gess: I find that a | Ecency