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> The reason why the masses should consume is to motivate them to work. The masses work because they want to consume, not the other way around. Everyone wants
by jameslk 4mo ago
> The reason why the masses should consume is to motivate them to work.
The masses work because they want to consume, not the other way around. Everyone wants more
> But if you imagine a sci-fi world where machines can build and do everything humans can do, the concept of a human-centric economy would be pointless.
There’s a number of obstacles I can think of to get there, in a human governed world, where humans make the buying decisions
- jbxntuehineoh 4mo ago> Everyone wants more Not true at all. If I could work two days a week for 40% of my current income I would take the opportunity in a heartbeat and would be much, much happier for it. Unfortunately that option isn't available to me, nor to most people.
- Waterluvian 4mo agoGetting 3/5ths fired is my dream, too. For a while I had a sweet gig where instead of raises I got to work less but that just bewilders management even though I’m very confident they got more for their money.
- oersted 4mo agoAn employee is not a pure machine that converts money/time into results linearly. It bewilders management, because there's a very significant overhead involved in making sure an employee is properly synced on what needs to be done, making sure they are content and productive, and managing the administrative logistics around them. Even disregarding the work of management, in a flat team the communication overhead that each member adds can also be significant and non-linear. Generally, adding people adds a lot of complexity and inefficiency to an organization, and if you can do something without more people that's usually a lot better. It depends on the role of course, but in many jobs now an employee that is not fully dedicated can be a net-negative. The same can be said of employees that are not very experienced or competent. This is why there's a significant crisis in early-career employment. More generally, it's also why we have a large fraction of population feeling like they cannot get a decent job, while many companies are simultaneously struggling to find the employees they actually need for a reasonable salary.
- kakacik 4mo agoI work on 90% contract, meaning I get cca 10 weeks of paid vacations yearly, and its usual 5 days a week workload. Net income hit is somewhere around 6-7% of salary. There is maybe tiny overhead, but there is also more efficiency during time I am actually in, especially in slow moving processes. Plus QoL improvement is massive for me, as an adventurer, mountain lover and first and foremost a parent of 2 young kids. People are scared these days to look for new job, its same as it was in 2008 in many regards (I personally went in opposite direction during that time despite many people warning me against, and actively started consulting and soon after then relocated to Switzerland), but our lives are short. Do you want to end up regretting working too much for some empty goals of others, which usually #1 regret of dying people? I sure as hell won't be in that category, company performances, insecure egos of control freaks in management and other bullshit be damned, they are not meaningful part of any life well lived.
- oersted 4mo agoAh yes, of course, that's not what I meant. I would count you as fully dedicated, what you are describing is not too rare in EU in some professions. And I'd say that getting long vacations is quite a different dynamic than working part-time on a weekly basis. I was referring to the commenters talking about working 2/3 days a week. In the Netherlands 4 days a week is also becoming the norm, which I'm not a big fan of but it's not all that bad either, actual productivity doesn't change that much in practice. I just mean that at some point, if you are not actually focused on your job, you end up creating more work than you deliver, or at least not enough of a surplus to justify a salary. So it's not surprising that managers are averse to reducing hours and salary linearly, the impact is not linear.
- nmcfarl 4mo agoI really think this depends on the job. As soon as I read your initial comment, I thought about locums in medicine, people who float for as little as a weekend at a time, and as a little as once a quarter at any particular hospital. And the entire hospital industry has been built around them at least in the western United States. They’re clearly contributing something. I think there are jobs where you need lots of context and there are jobs where other things are more important.
- chongli 4mo agoThat's still wanting more: more free time. You're not going to take a 60% paycut if it means 60% less food, 60% less shelter, etc.
- nextaccountic 4mo ago> That's still wanting more: more free time. But this is working less to have more free time. > You're not going to take a 60% paycut if it means 60% less food, 60% less shelter, etc. Why not? That's exactly what the person said they want. The incorrect point that was made is that everyone want to work because they want more stuff, not because they want more free time. People that get more free time typically achieve this by working less, or not working
- chongli 4mo agoFree time is a luxury just like anything else, but it's only valuable if you have enough of everything else. Nobody is jealous of all the free time homeless people have. They're jealous of the free time of people who don't need to work full time to pay all their bills.
- peepee1982 4mo agoI'm definitely jealous of the free time homeless people have. I just don't want to make the choice for my children to be homeless with me.
- lan321 4mo agoMany dream of getting a van or a shack in bumfuck nowhere and doing what they want. Essentially living as an almost homeless person because the price premium to sleeping rough is worth it. Hell, I'm not a camping enjoyer, but a van with a starlink and space for my bike sounds enough. Sadly, I still need an address registration tho.
- alchemism 4mo agoYou might lease a Regus (et. al.) business address for <$100/mo.
- jameslk 4mo ago> Not true at all. If I could work two days a week for 40% of my current income I would take the opportunity in a heartbeat Most people wouldn’t be content to live in one room huts with thatched roofs and no hospitals or antibiotics. There might be some that do, but most prefer having more things and “better” lives. If we kept progressing, we’d look back at the era we live today and consider it just as primitive
- AngryData 4mo agoPlease, not even poor starving destitute people in 3rd world countries live in thatched huts anymore. Also antibiotics are not that expensive, especially if you buy them for "fish" and get them closer to production cost. You could sell some watermelons and afford antibiotics.
- jameslk 4mo agoI’m talking about how many people lived in the past OP said they would be content with 40% less income for less work. That's fine, but I think it misses the point. On a large enough time scale, progress is so great that most wouldn't choose the past, nor would they choose our present if the future is substantially better. That's what I mean by "everyone wants more" ... it's what contributes to endless consumption rather than us working less hours when technology improves
- defrost 4mo agoUpper middle class people in the UK live in traditional thatched cottages today - it's still a trade. African traditional cattle herders are still a thing and they're still living in thatched huts with weave walls. Elsewhere in Africa, Thatching is still an up market thing: https://www.africathatch.co.za/ https://www.africathatch.co.za/ Perhaps spend some time learning about the wider world before making such obviously incorrect sweeping generalisations?
- Maxatar 4mo ago>Please, not even poor starving destitute people in 3rd world countries live in thatched huts anymore. UN data on housing somewhat disagrees with you. The somewhat is only because people living in such housing aren't starving/destitute, but they are still incredibly poor.
- blks 4mo agoCan you survive and support your family on just 40% of your current income?
- toasty228 4mo ago50% of the people in my country earn less than 40% of my salary, so surely it's possible...
- crazylogger 4mo agoThis is equivalent to buying 3 extra days of free time with 60% of your income. You want more (holidays, in this case) and you buy them with work.
- bcjdjsndon 4mo ago> If I could work two days a week for 40% of my current income I would take the opportunity in a heartbeat What about never working for 2billion% more?
- KptMarchewa 4mo agoIt is possible to frontload the effort though and FIRE. It makes sense too, if I worked two days of the week right now, I'd spend giant majority of that time just catching up and understanding the changing context. It would make more sense to work 4 months a year; 5 days a week. Unfortunately, it's one of those things that only work in theory and isolation.
- georgeecollins 4mo ago> Everyone wants more John Maynard Keynes thought people might eventually work only a few hours per month because the growth in productivity would allow only a few hours of work to cover consumption. He did not imagine that people would want their own cars, their own lavish houses filled with appliances, extensive wardrobes, fancy food. As a westerner you do not feel like you live an opulent lifestyle but compared to almost any person in 1900 you do. Why is this? Advertising continually raised people’s expectations. Now social media does. People are naturally competitive. It’s obvious that things don’t really make a person happier except in extreme cases. Also, historical comparisons show we are happy with or admire those that have more and when everyone has a thing contentment is not achieved. It’s easy to imagine different values and lots of social movements have eschewed materialism. Now there is lying down. There used to be hippies living on communes.
- chadgpt3 4mo agoThe real killer is the lowest possible rent in the city. You can't opt out of that without exiling yourself.
- bluGill 4mo agoYou can opt out by having roommates.
- Windchaser 4mo agoYou're getting downvoted, but roommates used to pretty common (meaning, multiple people in each bedroom). I'm happy to work more to have my small flat to myself; the lifestyle creep is worth it to me here. But I'm still aware that this is lifestyle creep.
- chadgpt3 4mo agoThat lowers the lowest possible rent, not to zero.
- throw0101c 4mo ago> John Maynard Keynes thought people might eventually work only a few hours per month because the growth in productivity would allow only a few hours of work to cover consumption. He did not imagine that people would want […] This is incorrect: Keynes thought with productivity gains people could eventually satisfy their material needs working very few hours, but their wants could be "insatiable": > Now it is true that the needs of human beings may seem to be insatiable. But they fall into two classes --those needs which are absolute in the sense that we feel them whatever the situation of our fellow human beings may be, and those which are relative in the sense that we feel them only if their satisfaction lifts us above, makes us feel superior to, our fellows. Needs of the second class, those which satisfy the desire for superiority, may indeed be insatiable; for the higher the general level, the higher still are they. But this is not so true of the absolute needs-a point may soon be reached, much sooner perhaps than we are all of us aware of, when these needs are satisfied in the sense that we prefer to devote our further energies to non-economic purposes. * John Maynard Keynes, "Economic Possibilities for our Grandchildren" (1930) * http://www.econ.yale.edu/smith/econ116a/keynes1.pdf http://www.econ.yale.edu/smith/econ116a/keynes1.pdf An essay putting forward / hypothesizing four reasons on why the above did not happen (We haven't spread the wealth around enough; People actually love working; There's no limit to human desires; Leisure is expensive): * https://archive.is/https://www.vox.com/2014/11/20/7254877/keynes-work-leisure https://archive.is/https://www.vox.com/2014/11/20/7254877/ke...
- deleted 4mo ago[deleted]
- voxic11 4mo agoI had a coworker who spent his career working for 2 years then taking 2 years off to live off the savings. Have you considered such a strategy? It seemed to be working out well enough for him.
- stephc_int13 4mo agoYes, the transition is unlikely to be linear and without conflict, if this was ever possible. But I am sure that some would be happy to control armies of bots and very few humans.
- smallmancontrov 4mo agoPertinent section from Rules for Rulers https://youtu.be/rStL7niR7gs?t=746s https://youtu.be/rStL7niR7gs?t=746s
- jameslk 4mo agoThat’s quite a lot of slippery slope hand waving to get there. I’d wager those obstacles will pose a larger challenge than most people in this article’s thread seem to think
- stephc_int13 4mo agoI genuinely have no idea how that transition would happen. And I agree that it would pose many unforeseen challenges. This is why the transition is the interesting part, not the sci-fi end game with a world populated with billions of robots doing everything.
- Johanx64 4mo ago> The masses work because they want to consume, not the other way around. Hell, no. Masses work, because they have to. It's not under threat of violence, it's under threat of sleeping under a bridge and starving. Which, frankly, isn't that far off. People often spend as much as 30-40% of income on rent alone. Plus, once you stack up all the other basic necessities (which have heavily gone up under inflation), you'll have very small sliver left to allocate to "consumption" in a traditional sense of the word, where you "consoom" for sake of consooming all sorts of meaningless stuff. Moreover, society is structured such, that you can't really partially retire - say take 5 year sabattical and come back without people perceiving as if there must be something wrong with you. Most jobs aren't really accomodating of people who just wanna come in 2 times a week. Neither would that support basic necessities and rent except for some select few jobs.
- jongjong 4mo ago> Hell, no. Masses work, because they have to. 100%. Most people can be very happy with very low consumption. What people want is not to work. The happiest time in my life was when I was earning a measily $40K per year in passive income from crypto and didn't work. It was the lowest salary I ever had, least I ever consumed and happiest I'd ever been. The purpose of consumption for most people is to soothe the pain of working. If you don't work, you don't need to consume anywhere near as much. When my wife quit her job 10 years ago, our rate of savings stayed the same because we spent less and quality of life went up significantly for both of us. Anyone who enjoys working is delusional. What they call work is not work; they're living in a parallel reality where the economy rewards them for playing the big boss and sitting on their asses and watching their money compound... Everything they're doing is meaningless; it only serves as a narrative device to justify the handouts that they'd be getting regardless. Just look at Steve Ballmer of Microsoft; he probably made more money after he resigned from the CEO role. It's incredible really when you look at Microsoft's product offerings these days; even Bill Gates knew to dump MSFT and now has less money than Ballmer. It's like the economy punishes people for having common sense.
- Johanx64 4mo ago> The purpose of consumption for most people is to soothe the pain of working. Yes, for a lot of people it is like this. When I was young, I couldn't understand why people went on 1-2 week short, extremely expensive vacations where they blow multiple months worth of their savings (ie. multiple months of their income after expensives) in what is extremely short amount of time. It seemed mind-bogglingly stupid. Now I understand. Being part of the system and doing 9-to-5 wageslavery is inescapable fact of their life. So when they get 2 weeks off - 2 weeks to actually go and live freely, they just go all out on having a good time. Because no matter what - they are going back to 9-to-5 system. And however wastefully they "consume" whatever is left after basic expenses, doesn't really matter in grand scheme of things and won't free them from slavery. It's a distraction. "Whatever hours of free time I get after work, I'm gonna indulge consoom however I want" Now software engineers are a bit different, where it's possible to retire after 10 years of work if you plan and live frugally, this is simply not an option for vast majority of people.
- captainbland 4mo ago> The masses work because they want to consume For many millennials and younger working people a huge bulk of income is taken up by housing. There's also a cliff edge of jobs when you transition from full time to part time, it's only rarely possible to find part time work which pays enough to sustain living costs. This leads to a situation in which people have to work full time in order to meet basic conditions of living and many consumer items like TVs and streaming subscriptions can be had at prices which are negligible compared to their fundamental living costs.
- bluGill 4mo agoThey choose to live on part time income. You can have roommates which greatly reduces your cost of housing. You can eat "steak and lobster", or "rice and beans". Not everyone buys streaming subscriptions, and not just the Amish are doing without. I wouldn't choose most of the above either, which is why I have a full time job.
- monerochan 4mo ago[dead]
- organsnyder 4mo agoIn the United States, healthcare is a major factor, especially if you have a family.
- bluGill 4mo agoHealth care is a major factor for any modern society. A society may allow a few members to opt-out, but only because someone else is taking their share of the cost. Sure health care is expensive in the US, but it isn't much cheaper elsewhere (it is cheaper, but not by that much)
- preg_match 4mo agoHealthcare is both significantly cheaper outside of the US and higher quality on average.
- d2ou 4mo ago> everyone wants more Some evidence of satiation have been shown in five western countries. Satiation is defined in the following work as an income level where more money dont increase subjective well being. The threshold varies and could very well depend on the generosity of the social safety net : https://www.insee.fr/en/statistiques/8199185 https://www.insee.fr/en/statistiques/8199185