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Basic money is required for Keynesian style playing with interest rates and cash infusions and basically all of this intervention. Well, basic money will be required once the pool of money going to pay labor finishes drying into robo capital and no one is getting paid anymore. It'll be required because otherwise consumer spending will be nearly zero due to no wages. From the point of Basic Income, the only hope is that a combination of culture and technical inheritances prevent the civilization from becoming completely inert and collapsing on itself. Its pretty well established that people around the world receiving basic income do not get up and become inventive nor productive members of society. Basic Income increases the sloth factor and America, as this possible future, society is in big trouble if there's not a culture that somehow drives people who are complacent and ignorant to take action rather than let their time pass away uselessly. Best Regards, RG RichardGamingo fucked around with this message at 18:48 on Dec 19, 2014 |
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Dec 19, 2014 18:44
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| # ¿ May 16, 2024 02:53 |
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