> Moreover there is no limit to the work that can be done, there is always something else that can or should be done should the labor become available. I can assure you, people will not run out of valuable, substantive work to do.
Maybe. The existence of so many businesses with vast stores of cash in the bank makes me wonder, though. This is capacity to pay for valuable, substantive work, but it sits.
Even if people look back on this era in 100 years and note that everyone had something else to do by 2060, the sudden change seems likely to cause more traumatic social upheaval, so a peaceful transition to a post-whatever-this-is economy seems unlikely without trying something very different.
I'm quite libertarian, and I think a basic income is not fundamentally incompatible with that, if implemented correctly. It seems to me that GiveDirectly's voluntary approach is a step in the right direction.
Maybe. The existence of so many businesses with vast stores of cash in the bank makes me wonder, though. This is capacity to pay for valuable, substantive work, but it sits.
Even if people look back on this era in 100 years and note that everyone had something else to do by 2060, the sudden change seems likely to cause more traumatic social upheaval, so a peaceful transition to a post-whatever-this-is economy seems unlikely without trying something very different.
I'm quite libertarian, and I think a basic income is not fundamentally incompatible with that, if implemented correctly. It seems to me that GiveDirectly's voluntary approach is a step in the right direction.