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> If our productivity The word "our" is misplaced in this sentence. The companies that purchase the labor own the productivity of the labor. If their producti
by NoMoreNicksLeft 12y ago
> If our productivity
The word "our" is misplaced in this sentence.
The companies that purchase the labor own the productivity of the labor. If their productivity is high enough, they will simply buy less labor.
Do you have anything to sell other than labor?
> we should provide basic income
No matter how you slice it, there's not enough money. You end up being able to give each adult in the US a couple thousand a year. If you try for more, you strangle the economy so effectively that it can't afford the robots that are supposed to pay for everything.
- JetSpiegel 12y agoHow does giving money to people, no strings attached "strangles the economy"? What do they think they will do with basic income? They will buy things, which by definition is an economic stimulus.
- homulilly 12y ago> The word "our" is misplaced in this sentence. wat. I don't buy the idea that increased efficiency automatically means lower quality of life. That's a pretty narrow (not to mention twisted) worldview. > No matter how you slice it, there's not enough money. A basic living wage would be cheaper than all our other low-efficiency, high overhead social programs with the added bonus of giving the recipients money to put back into the economy. I don't agree that there's not enough money. On the other hand, making workers so poor that can't afford to actually buy anything is pretty much the worst thing you can do for an economy.