3 ms·
Not only do we need to reduce working hours, we need to provide a basic income guarantee (http://en.wikipedia.org/wiki/Basic_income_guarantee http://en.wikipedi
by sedachv 15y ago
Not only do we need to reduce working hours, we need to provide a basic income guarantee (http://en.wikipedia.org/wiki/Basic_income_guarantee http://en.wikipedia.org/wiki/Basic_income_guarantee). This is what the promise of technological progress is about, and is one of the tenets of Marxian communism. Ironically, the basic income guarantee is also something that is advocated by many liberal and libertarian economists.
These two factors are IMO key to further accelerating the rate of technological innovation. They enable anyone who is interested in science and technology to freely pursue these interests, whereas today many people are driven away from science by huge disincentives (massive student loans and poor career prospects).