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History repeats iteld, so it might be good to start by hiring a historian. The claims of impending mass unemployment that serve as the premise for Basic Income
by RA_Fisher 11y ago
History repeats iteld, so it might be good to start by hiring a historian. The claims of impending mass unemployment that serve as the premise for Basic Income were common during the Industrial Revolution. For example, see the "Luddites" https://en.m.wikipedia.org/wiki/Luddite https://en.m.wikipedia.org/wiki/Luddite Ultimately what happened then is that greater efficiencies actually increased the demand for labor. Supply begets demand.