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Why will UBI and automation lead to properly managed capitalism? And what do you mean by "properly managed capitalism"?
by richmarr 9y ago
Why will UBI and automation lead to properly managed capitalism? And what do you mean by "properly managed capitalism"?
- loceng 9y agoGood questions. The brief of it is that it's known if you increase money available for education, educational institutes will increase their fees- the same goes for landlords and rent - and pretty much everything which leads to inflation; the more of a necessity something is will generally dictate who benefits the most from these cost increases and pressure on systems. There will have to be a floor created for housing, food, transportation, etc. Most of what we need can be automated, heavily automated. We'll have to decide as a society what people should have a baseline for everything. Fitting that new system in the existing system is the tricky part.