3 ms·
There is a big fallacy in the article: Namely, that the amount of work that can be done has an upper bound. In fact, the amount of work that can be be done is
by terranstyler 13y ago
There is a big fallacy in the article:
Namely, that the amount of work that can be done has an upper bound.
In fact, the amount of work that can be be done is infinite and with higher productivity other things are done (= can be done economically) than before, for example:
Cleaning the streets, painting your house white, keeping your nearby river clean, build tanks & guns, maintaining bureaucracy, helping people you don't know (welfare state).
These things are all non-essential (yeah yeah I know but still ...), yet are only done now because only recently we achieved the productivity / wealth of being able to do it.
If we stop doing these things we will feel wealthier because individually, we'll have more resources to fulfill our needs. We would maybe still help our neighbours or paint our house white or buy guns but we would (or not) do it because we decided it ourselves.
I suppose in the future there will be other things we'll do that now seem insane: maybe even the poorest might have a swimming pool, or we commute a few thousand kilometers to work, or we each carry a wearable computer around without needing it for work (can you imagine???).
But there will be work, it is as certain as death and taxes.
- ctdonath 13y agoThe complementary fallacy also in the article: the amount of work required has a lower bound of zero. Survival isn't free. We consume (destroy) just to maintain a lowest-common-denominator status quo. The Red Queen was right: we need to run (work) hard just to keep up with staying where we are (98 degrees F). To keep two people at that state of basic survival while one does nothing to produce whatever's needed to maintain their fair share, the other has to work twice as hard - and without some suitable incentive, the one working will lose interest in doing so. Yes, we're in a wealthy society. We're at this level because everyone, on the whole, works hard and pitches in. If a growing subset decide to just bask in the luxury, it's all going to come crashing down. As tax season approaches, I'm reminded of how much is taken from me - making it hard to do what I consider essential for my family, and making me reconsider my role in society; take enough from me, and I can go "off grid" pretty fast. Remember the goose who laid golden eggs.