4 ms·
you left off an important clause of what s/he said > Being forced to sell your labour in order to survive we sell our labor because we live in a complex socie
by metaphorm 10y ago
you left off an important clause of what s/he said
> Being forced to sell your labour in order to survive
we sell our labor because we live in a complex society where our skills our specialized and our lifestyle is massively interdependent. we need to use the money abstraction to mediate trades because of our specialization and interdependency. thus we sell labor. selling labor for profit, for providing specialized services to your community, or for the pure joy of it is one thing. selling labor from a position of alienation and need for subsistence is another.
an advanced industrial economy has much more productive capacity than is needed for pure subsistence levels of existence. we could supply survival essentials to everyone in the U.S. and still be hugely in the surplus. UBI is a popular idea among economists for exactly this reason. it's a proposed solution to a major problem of distribution of wealth.