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re: Elon Musk: Automation Will Force Governments to Introduce Universal Basic Income
Posted on 2/19/17 at 5:12 pm to Vacherie Saint
Posted on 2/19/17 at 5:12 pm to Vacherie Saint
quote:
No. My argument is that UBI doesn't work. It doesn't work and outside of a handful of pilot programs, no one will touch it- not even the Germans.
Show me a thriving, economically healthy democracy that has used UBI for at least 30 years.
So you say it hasn't really been tried on a wide scale but yet it doesn't work? So you mean it doesn't work conceptually? If so, why?
And again we get back to the same question, what works then? What will work in the future based on the agreed upon premises and forces at work?
This post was edited on 2/19/17 at 5:14 pm
1
Posted on 2/19/17 at 5:51 pm to bonhoeffer45
quote:
And again we get back to the same question, what works then? What will work in the future based on the agreed upon premises and forces at work?
I already told you. I don't subscribe to the idea that automation will kill labor. Automation is as old as history and yet here we are. Automation creates efficiencies that grow the economy and creates new jobs. Unlike UBI, the record of history is clear on that.
Reform the social safety nets already in place and if that doesn't work, then we can have a conversation about other alternatives.
You don't experiment untested theory with an economy the size of ours.
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