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comment by rob05c
rob05c  ·  3229 days ago  ·  link  ·    ·  parent  ·  post: YC Wants to Fund a Basic Income Study

    They are more likely to give up productive work (i.e. work that others are willing to pay for) if they have long-term assurance that their basic expenses will be guaranteed by outsiders.

Certainly. I don't think it's possible to do a true study over less than 50 years. We should do the studies we can afford, financially and temporally, and then just implement it. We can repeal it if things explode. Even Congress in their ineptitude has always acted fast in true crises. The alternative is things exploding anyway as labour-based economy fails to keep up with automation.

    productive work (i.e. work that others are willing to pay for)

I do take issue with that definition. People aren't willing to pay for many things which are valuable to humanity. Art, philosophy, antibiotics research, space travel, to name a few.





wasoxygen  ·  3229 days ago  ·  link  ·  

    We can repeal it if things explode.

I salute your moxie! I confess feeling some trepidation at the thought of combining ineptitude and acting fast.

    People aren't willing to pay for many things which are valuable to humanity.

How do we know things are valuable to others if no one is willing to pay for them? People pay for all the things you mention.

    The alternative is things exploding anyway as labour-based economy fails to keep up with automation.

The trend of technology reducing the burden of labor and increasing leisure has been going on for a very long time, and I haven't noticed any explosions yet. Maybe this time it's different.