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Capping individual participation does not make new low skill jobs. When you cut all low-skill jobs you are always going to increase the number of people below
by bseidensticker 7y ago
Capping individual participation does not make new low skill jobs. When you cut all low-skill jobs you are always going to increase the number of people below the cut as not everyone is going to successfully re-train into a job that won't soon be automated. Making new high-skill jobs does not help them.
I don't see a convincing solution other than UBI. Sure, it's untested, and the transition is going to be rough. But capitalism isn't going to stop automating jobs. The jobs are going away and I think the easiest way to prevent the negative effects of having a big chunk of unemployed young men of fighting age. When given a choice between extreme poverty and fighting to overthrow your government, the choice is obvious (Syria for example). When given a choice between a comfortable lifestyle (if you budget well) and fighting to overthrow your government, the choice is obvious.
Part of the reason poverty sucks (in a developed country) is that you have to work long hours for barely enough money and then cook and clean and take care of your kids / elders. If you don't have to work, the effective poverty line drops significantly.
Our society already has the wealth distribution issue, and seems to be moving forward without crumbling. If we can drop 40% of jobs without decreasing overall productivity, I don't see why we have to make something up for the unemployable to do.
- gorio 7y agoYou won't have universal anything, and especially not income, without equality. The reason that welfare states have low income inequality is because that is a requirement for redistribution. The gains from further automation will likely disproportionally benefit a very small part of the population, but it will be the majority of the population that would be expected to compensate for people losing their jobs. Something that most likely won't be sustainable and even more likely will be impossible to implement. Also I don't think the West has been progressing much in the last 20 years, especially not compared to Asia. Many parts of Europe and the US is deteriorating, even the wealthier parts, both relativity and absolutely.