Technological unemployment is (almost) here
Poll
Question: What solution would you prefer?
Unconditional income (extremely high taxation inevitable) -
Planned economy (with full employment provided by state)
I find the choices kind of a joke there, Fascism is the only choice now in the face of adversity. Thats funny but I guess it fits the paradigm of the day, only government can save you from capitalism
Of the two I would favour unconditional income as it comes closest to flat taxation. Qatar has an income of 20,000 for every citizen because of their oil and gas.
It sounds wrong and your suggestion, ( high taxation) but that does not have to be true.
Actually forced income for everyone could make the country richer. Paying out money could create budget surplus, not impossible. It might increase efficiency which is ironic but in comparison to the current 50% gov in GDP its possible that stating outright the interference and making everyone in the country equal in their benefits could definitely be a good thing and inspire greater productivity.
I dont think 20k per person is possible, even if it was of working age only or even 1 person per household. I think maybe 6k per person is feasible, though obviously the gov is broke but in theory anything is possible with QE.
As to high taxes, say 25% sales tax nationally would be best to encourage momentum and maximum business which is basically what the FED is constantly trying to do but with sales and negative income tax like this system I do think it is causing productivity increases and only taking from those with excess cash
So what this would do is replace the current welfare state setup where people are encouraged to report inability to work. This is why a fixed income could be a good thing, its just a base line and an equality creator.
You give the 9k to everyone and maybe the person with a bad back who sits watching TV takes that 9k and decides to help man the radio for Taxis as well. Top up their income, of course they would as 9k is nothing much (its far less then current welfare cost I know) and they want more.
We always want more, even if I said give everyone 30k a year or 50k people would still want more, that is capitalism and consumerism and basic human motivation which we all recognise. The good comes from enabling people to go achieve as much as possible. Take the 9k and use it as seed money and dont look back, its not much but its a fortune compared to some paupers of the world.
It'd be a massive boom compared to the welfare, minimum wage, obamacare and the whole line of big gov spending taking over everyones budget, causing less to be done and with more laws as puppet strings for everyones actions
And a huge problem is that people now have to compete with computer to win at intelligent front, thus become more and more stressed out then ever due to higher and higher hardware/software processing power
Rest assured that computers are still stupid. What might be needed is increasing number of people who can utilise the power of a computer to save time or extrapolate intelligence as you say, but the computer itself is dumb.
The competition is always for efficiency, if one man knows how to do your job by feeding a batch file to some mass produced silcon then the 'blame' lies with that one man who used the tool so well.
Work does not make people rich, the production or the result of the labour is what makes it worthwhile, makes the money. If I broke my back the whole year to create a harvest and it rained hailstones for two days and the whole crop is ruined then I got nothing but my job. I aint got the money or the production but I got my job still and I sure aint happy about my stupid useless wasted time of a job. Gov coming in to fix that with a bailout because its all a screwup does not change a thing, the job was no good
The focus is on the result, its the food we need, the job does not matter. Technology is not an enemy of anyone who wants who needs results
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