baconandeggs

12 ms·

61.
by baconandeggs 6y ago
It'll be WinWok.
62.
by baconandeggs 6y ago
> That's flat-out untrue. They aren't part of the industrial workforce. Surely they were already doing something back in their village, even if it was low-productivity farm work or manual labor that paid very little. Housewives
63.
by baconandeggs 6y ago
Some still don't. Just read the stories about villagers in China being brought in in truckloads to work manufacturing electronics. Not everyone is part of the labor-force, not even today.
64.
by baconandeggs 6y ago
In the US, in the 50s most women weren't in the labor-force. That is about half of the population.
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by baconandeggs 6y ago
> We produce more per worker with every year as technology improves. It follows that we could do less work per person every year. Not necessarily. We demand more every year.
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by baconandeggs 6y ago
What we have now already is subject to democratic processes . In fact, that is the only reason UBI is even being discussed.
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by baconandeggs 6y ago
We live in a planet. A planet that also has other countries. The reason people in the first world can even produce the thought of wishing for less work is because all of the heavy lifting needed for them to exist was outsourced to third wor
68.
by baconandeggs 6y ago
I'm aware it's not perfect. I just don't think you realize you want to take exactly the thing that is wrong about our current situation and make it the core feature of society.
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by baconandeggs 6y ago
> This gets less true every year. Society must produce at least to feed itself, and people working is the way we produce. No country in the world has fully automated its food supply, no one is even trying! and the US has outsourced a lot
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by baconandeggs 6y ago
>The government, unlike corporations for example, is accountable to the public in elections. For now.
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by baconandeggs 6y ago
>> they'll depend on some powerful centralized instance providing them money >You just described most jobs. No. Now you depend on a lot of semi-powerful un-centralized instances, and not just one point of failure. And you ca
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by baconandeggs 6y ago
It doesn't. UBI is socialism.
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by baconandeggs 6y ago
> Were that the case, and not prohibition being the limiting factor, you'd expect child labor to exist where minimum wage is inapplicable, but not where it is, even independent of whether it is allowed. Banning and prohibition are j
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by baconandeggs 6y ago
That is not the case. If under UBI, which is reallocation of capital, luxury housing frees up it will not mean the uber rich move away and now the rest of us enjoy more selection without any other repercussions (though that will happen at
75.
by baconandeggs 6y ago
>Despite minimum wage, there is extensive child labor in agriculture in the US, because there is a gap in child labor law. Which suggest that minimum wage didn't make child labor obsolete, banning child labor did. That is of course
76.
by baconandeggs 6y ago
Machines made child labor mostly redundant, is what I should have said. Where it exists is because machines have not been introduced, or are too expensive (see minimum wage laws).
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by baconandeggs 6y ago
Inflation is not flat. When the money currently chasing luxury items like exotic cars or fine art switches to rent, produce and other basic goods their price will rise, it just will. Real inflation does not require an expansion in money sup
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by baconandeggs 6y ago
The difference is the same as having $0 and having $20,000 in monopoly dollars. The number printed on the notes is irrelevant, the only thing that matters is what you can get with them, and if an apple costs 20,000 monetary units because th
79.
by baconandeggs 6y ago
> There are homes today that don't have internet because of financial reasons. Homes today don't have internet because of market reasons. Artificial monopolies, lobbying, and decades and billions of dollars spent by the gover
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by baconandeggs 6y ago
Machines made child labor redundant. Minimum wage law made child labor unprofitable.
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by baconandeggs 6y ago
If you are living on credit in what sense are you wealthier? > Outsourcing your safety net to the government is the classic move of a well-functioning society. Are you watching the same news as the rest of us? where is this well-function
82.
by baconandeggs 6y ago
Are you talking about the same americans that required huge bailouts from the government the second the economy stopped because 4 out of 5 live paycheck to paycheck?
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by baconandeggs 6y ago
> ...a lower quantity of real goods and services can be purchased for the same amount of currency. There isn’t any evidence that this has happened following the Fed’s QE programmes, despite most mainstream economists freaking out about t
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by baconandeggs 6y ago
> I don't understand what this means. Aren't the victims you are imagining the hypothetical people who have large amounts of money in checking, savings, or literally under their mattress? And maybe this is ignorant, but I reall
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by baconandeggs 6y ago
Sure, but neither are they now so it makes no difference to Apple.
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by baconandeggs 6y ago
Users don't want chips they want systems and the way people will "demand" them will be by buying Apple. Dell and Lenovo will have to come up with something or cede market share.