4 ms·
Demand for labour is decreasing while the supply of labour is fixed (or increasing) - everyone needs to work, because everyone needs to eat. Like others I think
by ksrm 13y ago
Demand for labour is decreasing while the supply of labour is fixed (or increasing) - everyone needs to work, because everyone needs to eat. Like others I think a basic income would go a long way towards mitigating this problem. Imagine a world where pretty much everything we need is automated - what do we do then? In the long term some form of basic income is inevitable.