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Remember the homeless guy who coded an app? Imagine what a basic income could do to the millions of people whose brainpower is mostly dedicated to surviving day
by epsylon 13y ago
Remember the homeless guy who coded an app? Imagine what a basic income could do to the millions of people whose brainpower is mostly dedicated to surviving day to day, week to week, month to month. (Because indeed, poverty taxes our brain [1])
The article provides really strong examples in why a 9% drop in working hours does not necessarily mean a drop in "created wealth". (In fact, I'd argue that many European social democracies work on average less than US workers, yet still maintain a very high GDP)
[1] http://www.theatlanticcities.com/jobs-and-economy/2013/08/how-poverty-taxes-brain/6716/ http://www.theatlanticcities.com/jobs-and-economy/2013/08/ho...