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All Work and No Pay: The Great Speedup

All Work and No Pay: The Great Speedup | Arguments for Basic Income | Scoop.it
You: doing more with less. Corporate profits: going strong. The dirty secret of the jobless recovery.
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Arguments for Basic Income
Basic Income would cure most of our current economic problems.
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The way we work is insane

The way we work is insane | Arguments for Basic Income | Scoop.it
We work mega hours in jobs we hate, spend half our life in traffic and turn up each day wearing a noose. Is there a better way?
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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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Could Corporate Greed Make the Rich Support Basic Income? • /r/BasicIncome

As we all should know, corporations focus on the bottom line in the short term. Keeping the shareholders happy is their mantra. The CEO who exploits and degrades workers and makes their lives horrible is assured a long tenure as long as he also increases shareholder dividends. Let the most farsighted CEO allow dividends to drop over a few quarters and he's history.
 

Now one of the very predictable results of massive, long-term, structural unemployment dues to automation and roboticization of jobs is that consumer spending will massively decrease. The market for goods and services will shrink to a shadow of what it once was. Even people who are employed will spend less, because they'll be spending their income to help friends, relatives, etc., who are unemployed.


And it won't just affect the US, it will affect China because most of their jobs are going to be VERY automobile


So very soon the bean counters are going to be telling the CEOs "The numbers are going south." And the manufacturing people will say, 'Our robots are making the product/service as cheaply as it can possibly be made so we can't squeeze extra profit there." And the marketing people will be saying, "It does not matter how we market the product/service, people don't have money to buy it." And the CEO is going to ask, "Well dammit, how can we get money into the hands of consumers so they can buy our product/service?"


And the answer will be: "Basic Income." In fact, the ONLY answer I can see is "Basic Income."


Thoughts? Is there a link in that chain I left out? Am I missing something?
 

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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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