It's a net win overall.
It's a net win overall.
Steady (and in the last century, enormous) progression toward more leisure time, with more wealth and latitude at our disposal than ever before.
UBI is good. You're going to fund UBI by working for other people.
I'm not sure I disagree with you about the last 50 years. I think it's a bit of a hard topic to dissect because the notion of a "workday" is relative and changes over time. I think a day of work is a lot easier now than in the 1950s and I think the ancillary work we perform to care for ourselves and our homes is reduced. By how much, I'm not sure how to quantify.
I recall Hans Rosling did a great talk along these lines, "The Magic Washing Machine." It's mostly talking about the mechanization of household labor in the mid century which we agree took place. I think since then we no longer spend as much time cooking, or cleaning, maintaining our appliances or cars. I think improvements in communication systems save a surprising amount of time -- consider how many hours a month you might waste if cell phones didn't exist? If you had to drive to a place to sign paperwork instead of fill out an online form?
There's nothing so large as the washing machine in the last 50 years but I think we have a significant amount of small improvements. Coupled with work becoming more palatable (part of why work/life becomes blurred is that some large percentage of us enjoy working) I think there's a possibility that labor has shrank in the last 50 years even if people work longer hours. Which they may not, factoring in household labor.
I know many people who do not need to work as hard as they do -- some who do not need to work at all. Yet they still do, even when the requirement is removed.
My opinion about the last 50 years is fairly weakly held, I'm basically just thinking freely. My strong comments above are in reference to the development of much more basic notions like "private employment."
We can't all decide we are going to live for free and magically still get to drive cars, live in houses, eat food, have running water, etc.
The entire point of the economic system is to motivate people to help each other. If the money motivation goes away, people either stop helping each other or you have to motivate with violence.
Sadly I don't see a political environment where that's actually viable any time soon, but at some point we're going to have to see a move in that direction because there will be an ever decreasing pool of jobs that require actual people.
Obviously increasing welfare implies increased taxes. I don't see anything controversial there? I do agree the USA currently lacks the political will to move much in this direction.
The entire point of the current economic system is to motivate the masses to enrich the few. If the motivation goes away then maybe people will work to enrich their own lives.
Says an HN comment..
Maybe try to rework this sentence, because it doesn't appear to be true. While things may not be excellent for everyone, clearly the "system" works to some extent.
>The entire point of the current economic system is to motivate the masses to enrich the few.
Do you have a source on this? What do you consider to be the current system? The Federal Reserve System?
>If the motivation goes away then maybe people will work to enrich their own lives.
Do you seriously not think that people work to enrich their own lives right now? I can tell you that I'm posting this to enrich mine.
The current state of our market system requires massive bailouts and massive funding into research and development, massive subsidies (e.g. arms), and an overworked and underpaid workforce to limp along and pay out a healthy dividend to the richest(few) investors.
>source on this?
Just look at any multi billion dollar company; whats the difference between shareholder payout and worker payout? How else would you define this system where a company can declare hundred million dollar profits while paying minimum wage?
>Do you seriously not think that people work to enrich their own lives right now?
We try. for the last 8 hours i worked to make money that would enrich my life, but my work made someone else a hundred times this amount so 1% of my last 8 hours was for me.
Either that or you have absolutely no clue as to how much value you actually create for your company. Nobody generates 100x profit, not even slaves.
I mean if we're willfully misinterpreting what UBI is to prove a worthlessly pedantic point, sure.