In other words: by saying you shouldn't starve for refusing to work, aren't you also saying that someone else should grow your food for you for free?
In other words: by saying you shouldn't starve for refusing to work, aren't you also saying that someone else should grow your food for you for free?
Society decides which tasks have value and which don’t by whether consumers spend money on the work product produced by those tasks.
Now, society’s way of working this out isn’t perfect, but how else should we determine which jobs are adding value and which are not?
You ask how we should decide what jobs has "value" and which hasn't. Well, if it isn't obvious that a job has "value" then perhaps it has no value?
I’m not being difficult here, these are tough questions.
Allowing the market to decide value is the option we currently have, and seems to be the fairest so far.
I am sure that it is not optimal, and it has flaws, but no one has yet convinced me that there is a better model.
This presents a workless society as a real thing, rather than a hypothetical. I might be wrong, but I’m not aware of any workless society (apart from hunter gatherer tribes and history). If you have examples of a society that functions fully without work, then please share, I’d be interested to see how you solve volunteering for unpleasant or undesirable tasks that no-one wants.
As for optimizing trading algos, the counter is that making markets more efficient is also valuable to society at large, and that is what most quants would say they are doing.
As you pointed out in some other comments, there are certainly issues with the current system. Though, I don’t think the conclusion is for people to stop working entirely. If that were the case all of these “useless” jobs would go away and we would then ask farmers to give us food in exchange for nothing at all?
I think what might be better is offering more incentives for people to work in industries that make a real positive impact on the world. And in lieu of that, people who feel they aren’t contributing in a meaningful way can try to seek out more meaningful work. And we as a society should support *that*.
Try and think of it from a utilitarian perspective. Is some aaa game creating or destroying more happiness? Is it a net positive for society? For some games perhaps the answer is yes, for others it is no. Children getting obese from sedentary lifestyle and not socialising with friends is certainly a large cost.
> If that were the case all of these “useless” jobs would go away and we would then ask farmers to give us food in exchange for nothing at all?
Sure.
> Sure.
Ha, then the farmers would say "no" and you'd starve to death?