4 ms·
In a total leisure society, how do we pay for Basic Income? Where does the government get the money to give out to everyone? I agree with you. But I think its
by gamerDude 11y ago
In a total leisure society, how do we pay for Basic Income? Where does the government get the money to give out to everyone?
I agree with you. But I think its not about Basic Income, but the idea of Basic Utility/Survival where we can supply basic needs for free, via automation etc.
- pdkl95 11y ago> Where does the government get the money to give out to everyone? The exact same place they get it right now - they pull it out of thin air by fiat. (involving a quasi-government agency ("the fed") as a proxy is optional) Money hasn't been zero sum up since the gold standard. Governments already define most aspects of money, and they can change it as needed, such as when Nixon declared that the dollar was no longer convertible to gold.
- LunaSea 11y agoCongratulations on writing the most retarded comment I have ever read on HN.
- pdkl95 11y agoIf you think that's "retarded", I suggest studying more macroeconomics and the history of the dollar. I suspect money doesn't work they way you think it does.
- dang 11y agoYou can't comment like this here, regardless of how wrong or ignorant another commenter seems. We ban accounts that do personal attacks. Please re-read the guidelines and post only comments that are civil and substantive. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newswelcome.html