Finland to experiment with basic income

Discussion in 'Economics' started by dealmaker, Aug 30, 2016.

  1. gkishot

    gkishot

    And once the machines become smarter than humans they wouldn't need us.
     
    #11     Aug 31, 2016
  2. That's mostly what we have now.
     
    #12     Aug 31, 2016
  3. Machines will replace some jobs. People should be working towards having a job that cannot be replaced by machine... or at least less likely.
     
    #13     Aug 31, 2016
  4. gkishot

    gkishot

    This will continue for as long as humans can do jobs better than machines. That's my point.
     
    #14     Aug 31, 2016
  5. A Basic Living Wage will free the individual to either seek a job doing something they enjoy or somehow contributes to society (rather than waste away their life so they can feed themselves).

    It also allows them to focus on improving their skills, or other educational or cultural pursuits.

    It is not a *bad* thing in itself. Sadly, it may well be *mis-used* by people who choose that instead of working when suitable employment is available.

    Perhaps with sufficient safeguards it could work.

    But in a utopic society, no one would ever have to work to ensure they get their needs met, and can all contribute in a meaningful way for the betterment of society.
     
    #15     Aug 31, 2016
  6. gkishot

    gkishot

    Where will money come from if everybody is in pursuit of their favorite activities?
     
    #16     Aug 31, 2016
  7. Baron

    Baron Administrator

    You can't assume that just because somebody is doing what they enjoy that there's no money in it. In fact, it can be quite the opposite. Getting back to the example of farming, once we invented machines like tractors and combines, we freed up a lot of the manual labor that were previously slaves on plantations. Fast forward to today, and the very people that would have been working tirelessly on a farm a few hundred years ago now have the freedom to explore what they really enjoy, like playing professional competitive sports. And we gladly pay these talented and super-athletic individuals millions of dollars every year just to see them hit a home run, throw a ball through a hoop, or kick a field goal.
     
    #17     Aug 31, 2016
  8. kmiklas

    kmiklas

    C'mon man, stop being such a tightwad. Give to the people...
     
    #18     Aug 31, 2016
  9. gkishot

    gkishot

    Yes, but society didn't need to pay everybody basic income in order to get the opportunity to watch basket ball game. Hunger drives the progress. This is a sign of decadence.
     
    #19     Aug 31, 2016
  10. Didn't say I don't "give to the people". I give plenty. (Forced via high income taxes.) It's just that they don't deserve it.
     
    #20     Aug 31, 2016