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The Smartphone Have-Nots

The Smartphone Have-Nots | Arguments for Basic Income | Scoop.it
Is technology responsible for making some workers irrelevant and others filthy rich?
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Arguments for Basic Income
Basic Income would cure most of our current economic problems.
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The 4 biggest reasons why inequality is bad for society

The 4 biggest reasons why inequality is bad for society | Arguments for Basic Income | Scoop.it
It's safe to say that economic inequality bothers us. But why? Harvard philosopher T. M. Scanlon offers four reasons we should tackle — and fix — the problem.
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How bad it has become.

How bad it has become. | Arguments for Basic Income | Scoop.it
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What if everybody got free cash? Myths and facts about Unconditional Basic Income - YouTube

What if everybody received every month enough money to live by? Will society collapse? Will we all become slackers? Myths and facts about Unconditional Basic...
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Reconciling Basic Income and Immigration

In a recent Wonkblog debate on the merits of a Basic Income Guarantee (BIG), Megan McArdle raised a serious objection to implementing a BIG in the United States. She argued that the more generous a...
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How Should Social Security Benefits Respond to an Economic Collapse? | Beat the Press

This is the issue that Andrew Biggs implicitly raises in his Wall Street Journal column highlighting the jump in the size of the projections of the Social Security shortfall since 2008. Biggs complains that progressives have responded to the economic collapse by proposing an increase in
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Is it just me or are the people that are the strongest against Basic Income, people who already live the life Basic Income promises the rest of us? • /r/BasicIncome

Is it just me or are the people that are the strongest against Basic Income, people who already live the life Basic Income promises the rest of us? • /r/BasicIncome | Arguments for Basic Income | Scoop.it
I was just thinking how ironic it was that millionairs and billionairs are first in line against basic income, and raising minimum wage or any program...
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EconoMonitor : Ed Dolan's Econ Blog » A Universal Basic Income and Work Incentives. Part 1: Theory

EconoMonitor : Ed Dolan's Econ Blog » A Universal Basic Income and Work Incentives. Part 1: Theory | Arguments for Basic Income | Scoop.it
Economic commentary and teaching resources
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NABIG Conference - The BIG Push - YouTube

The BIG Push Campaign, by Kelly Ernst, Director The BIG Push Canada has started a campaign to bring a Basic Income to Canada. Initiated by Rob Rainer and hig...
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AAV: Universal Basic Income vs the current welfare system

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Inside the Dark, Lucrative World of Consumer Debt Collection

Inside the Dark, Lucrative World of Consumer Debt Collection | Arguments for Basic Income | Scoop.it
In the murky world of unpaid bills, a banker and an ex-con can make a fortune — if they don’t run into too many crooks.
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The Cato Debate on the Basic Income – Roundup

The debate over my essay,
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The Collapse Of The US Dominated Monetary System

The Collapse Of The US Dominated Monetary System | Arguments for Basic Income | Scoop.it
Editor's note: Originally published on July 2, 2014Written by Peter B. MeyerSome regular readers requested for more information on the effects of hyperinflation. For complete insight, first a few essays on inflation and defla
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"People say, 'That's not fair. Where's the money going to come from? Who's gonna pay for it?' The answer is the machine. The machine pays for it, because the machine works for the manufacturer and ...

"People say, 'That's not fair. Where's the money going to come from? Who's gonna pay for it?' The answer is the machine. The machine pays for it, because the machine works for the manufacturer and ... | Arguments for Basic Income | Scoop.it

For those here new to the idea, brought around by the prospect of technological unemployment through the rise of bot labor over human labor, I recommend listening to this talk by Alan Watts. He was way ahead of his time in recognizing the good sense of a basic income.

Here's the relevant excerpt in text form:
 

Now what happens then when you introduce technology into production? You produce enormous quantities of goods by technological methods but at the same time you put people out of work. You can say, "Oh but it always creates more jobs. There will always be more jobs." Yes, but lots of them will be futile jobs. They will be jobs making every kind of frippery and unnecessary contraption, and one will also at the same time have to beguile the public into feeling that they need and want these completely unnecessary things that aren't even beautiful. And therefore an enormous amount of nonsense employment and busy work, bureaucratic and otherwise, has to be created in order to keep people working, because we believe as good Protestants that the devil finds work for idle hands to do. But the basic principle of the whole thing has been completely overlooked, that the purpose of the machine is to make drudgery unnecessary. And if we don't allow it to achieve its purpose we live in a constant state of self-frustration.

So then if a given manufacturer automates his plant and dismisses his labor force and they have to operate on a very much diminished income, (say some sort of dole), the manufacturer suddenly finds that the public does not have the wherewithal to buy his products. And therefore he has invested in this expensive automative machinery to no purpose. And therefore obviously the public has to be provided with the means of purchasing what the machines produce.

People say, "That's not fair. Where's the money going to come from? Who's gonna pay for it?" The answer is the machine. The machine pays for it, because the machine works for the manufacturer and for the community. This is not saying you see that a...this is not the statist or communist idea that you expropriate the manufacture and say you can't own and run this factory anymore, it is owned by the government. It is only saying that the government or the people have to be responsible for issuing to themselves sufficient credit to circulate the goods they are producing and have to balance the measuring standard of money with the gross national product. That means that taxation is obsolete - completely obsolete. It ought to go the other way.

Theobald points out that every individual should be assured of a minimum income. Now you see that absolutely horrifies most people. “Say all these wastrels, these people who are out of a job because they're really lazy see... ah giving them money?” Yeah, because otherwise the machines can't work. They come to a blockage. This was the situation of the Great Depression when here we were still, in a material sense, a very rich country, with plenty of fields and farms and mines and factories...everything going. But suddenly because of a psychological hang-up, because of a mysterious mumbo-jumbo about the economy, about the banking, we were all miserable and poor - starving in the midst of plenty. Just because of a psychological hang-up. And that hang-up is that money is real, and that people ought to suffer in order to get it. But the whole point of the machine is to relieve you of that suffering. It is ingenuity. You see we are psychologically back in the 17th century and technically in the 20th. And here comes the problem.

So what we have to find out how to do is to change the psychological attitude to money and to wealth and further more to pleasure and further more to the nature of work. And this is a formidable problem.


To read this whole talk in its entirety, here it is in Pastebin and Scribd forms for easy sharing.

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The $15 Minimum Wage Is a Bellwether of the New Living Wage

The $15 Minimum Wage Is a Bellwether of the New Living Wage | Arguments for Basic Income | Scoop.it
When $13 an hour isn't enough
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Do We Really Need “Work?”

Do We Really Need “Work?” | Arguments for Basic Income | Scoop.it
An alternative way of looking at life.
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How Wal-Mart’s Waltons Maintain Their Billionaire Fortune

Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.
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Jerry Brown Quotes at BrainyQuote.com

Jobs for every American is doomed to failure because of modern automation and production. We ought to recognize it and create an income-maintenance system so every single American has the dignity and the wherewithal for shelter, basic food, and medical care. I'm talking about welfare for all. Without it, you're going to have warfare for all.

Jerry Brown

 

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How your boss will run your life in a few years

How your boss will run your life in a few years | Arguments for Basic Income | Scoop.it
Want job security? Let your company monitor you 24/7.
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Basic Income Is Practical Today...Necessary Soon

Basic Income Is Practical Today...Necessary Soon | Arguments for Basic Income | Scoop.it
This is part 3 in an ongoing series. Check out part 1 and part 2.
“ No one, as a child, ever aspired to scrub toilets or flip burgers or restock merchandise. But you had to earn money to live your...
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A Study in Plutocracy: Rich Americans Wield Political Influence, the Rest of Us Don't | Blog | BillMoyers.com

A Study in Plutocracy: Rich Americans Wield Political Influence, the Rest of Us Don't | Blog | BillMoyers.com | Arguments for Basic Income | Scoop.it
"The influence of ordinary Americans registers at a 'non-significant, near-zero level.'"
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What are we waiting for?

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An idea for the second machine age: a guaranteed standard of living for all - Telegraph

An idea for the second machine age: a guaranteed standard of living for all - Telegraph | Arguments for Basic Income | Scoop.it
The free market right are exercised by BIG, the Basic Income Guarantee
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What do we do after robots take all the jobs?

What do we do after robots take all the jobs? | Arguments for Basic Income | Scoop.it
CGP Grey, in perhaps his most ambitious video to date, has tackled the subject of automation — in short, robots coming for all the jobs. Whether you work in transportation, white collar trades, or even the arts, there's probably a programmer working on putting you in the poor house as soon as possible. Or worse, a programmer teaching a robot to teach itself so it can put anyone out of work.

A little unsettling, huh? The best piece I've ever seen trying to game out the long-term effects of automation is "Four Futures," by Peter Frase in Jacobin magazine. By imagining two axes of possible development — scarcity versus abundance, and hierarchy versus egalitarianism — he outlines four possible futures of the human race. They range from a work-free utopia (as outlined by Iain M. Banks in his Culture series), to a terrifying war of extermination by the rich against the masses of useless poor.
Frase's piece is an excellent complement to the above video, which is rather vague about the political implications of the subject. Definitely give it a read.
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A German Guy Wants to Give You a Bunch of Money for Nothing | VICE United States

A German Guy Wants to Give You a Bunch of Money for Nothing | VICE United States | Arguments for Basic Income | Scoop.it
“My Basic Income” is a new initiative looking to raise enough money to pay someone $1,300 a month for a year, no strings attached.
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Basic Income: Bots are going to force the issue | Dan Ballard

Basic Income: Bots are going to force the issue | Dan Ballard | Arguments for Basic Income | Scoop.it
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