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I think this is a topic that deserves careful study. While this story considers replacing social security and Medicare with a basic income, I think the basic i
by zafka 13y ago
I think this is a topic that deserves careful study. While this story considers replacing social security and Medicare with a basic income, I think the basic income should be in addition to Health care, and free education.
It seems obvious that we are moving in the direction of just about any material object will be able to be manufactured for close to "free". At the same time the percentage of the population required to run the process will be dropping rapidly.
While this sounds rather nice, when the music stops and production costs drop to nothing, those who do not already own a chunk of capital will have no means to obtain any.
We as a society need to consider how we can best handle this potential scenario.