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Thread: The Guaranteed Basic Income
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01-27-2017 #21
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01-28-2017 #22
Re: The Guaranteed Basic Income
I think it's a sequence of events type of argument. Guarantee income means that automation has permanently reduced the workforce (more than 30% unemployed). Then they will have to introduce it. . But I imagine even Economics will become meaningless, as a measure/basis of human interactions .
Maybe Leisure/common interests, becomes the main pursuit , as the new way people will interact.
I like the idea that both the elites and the masses will be essentially driven to the same conundrum /in the same Soup
Last edited by nitron; 01-28-2017 at 12:38 AM.
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02-19-2017 #23
- Join Date
- Jul 2008
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Re: The Guaranteed Basic Income
There is a useful and interesting, if long article on the Universal Basic Income in today's Guardian/Observer (the Sunday title name). The article look at how an experiment is working in Finland, but also raises questions about, for example, the use of technology in the workplace where, rather than eliminate jobs, it is being used for increased surveillance of the work-force. There is also an argument that by offering a guaranteed income, employers will pay less than the minimum wage knowing their employees have the UBI to compensate. And although some advocates see the UBI as an end to welfare, others argue the question is about work and workers being paid a decent wage for what they do and work in clean and safe conditions, whereas the UBI may encourage low wages and less regulation.
The article is here-
https://www.theguardian.com/society/...ges-fewer-jobs
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