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We get richer as labour gets more automated and cheaper. So it’s not a bad thing. It shouldn’t be.

The big problem is that we don’t have work for bigger and bigger parts of the population. They are poor not because society as a whole got poorer, they are poor because they don’t have anything the labour market wants because it can be had cheaper now.

I think it’s about time we recognize that. We have to make it possible for everyone to live ok lives, even without having a job. We are rich enough. We didn’t get any poorer as a whole. We should be able to afford that.

How to do that is anyone’s guess (I’m betting on some sort of ‘basic income’), but it’s about time to start. We can’t think about work and earning money with our 19th and 20th century goggles on.




We gotta be really careful about how we do it. Were I single and not willingly in the scenario where I am going the extra mile to have and provide for a family (that best-case scenario for society), I might very well decide to just take your "basic income" and call it a day, but if society is going to have that "basic income" it's only going to happen if people like you and me and anybody else hanging around on HN don't rationally choose to take the option, if given. (I hate to pander to the audience, but the HN community really is set up around being a community of producers, so I'm not just trying to pander here.) And forcing me to work to provide for those others, the easiest obvious answer, would be slavery, full stop. There's enormous moral hazard in that idea. It also makes it very easy for a person born into a family who has chosen that option to not be around any person who can teach them the culture or the mental toolkit necessary to make the transition to producer, which would make "being poor" a one-way ticket for a family, on average. (Arguably a problem we already have in the inner cities, which in a way gets worse the more comfortable the "basic income" becomes.)

Mind you, I don't disagree. As a futurist looking out across the next thirty years I too see an increasing number of people who through essentially no fault of their own will basically have no marketable skills; they'll have skills, just not marketable ones. Somehow we've got to deal with it. But it's going to be enormously tricky; all the easy answers are wrong. All the politically acceptable answers both liberal and conservative are also wrong. I don't have a clue what the right answer is, either.

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You would take, say, $1200 (a very high estimate) and call it a day? You can live, it doesn’t even have to be a bad life, but it’s not really all that much. I doubt many would find that to be enough. I wouldn’t. And I’m not even all that ambitious.

I think a basic income can create very strong incentives to make at least some additional money compared to traditional social security. There is no need to find a job that pays at least $1300 in order to make it worthwhile, for one (you get to keep your basic income no matter how much you make – minus taxes, so this is in a way not always true).

I would even think that something like a basic income is especially nice if you want to become self-employed.

(There would be higher taxes, probably much higher in the US, a little higher in Europe, but I – being one of those liberal Europeans – have no problem with that.)

I’m still kind of on the fence when it comes to basic income, though. I think finding the right way to do it (how to pay for it, how to organize it, what kinds of social security systems to slim down or abolish, etc. etc.) would be very hard indeed.

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"You would take, say, $1200 (a very high estimate) and call it a day?"

$1200 what? You're missing a time element there. I assume "per month". I've lived on less than that before, with some comfort, and I was working, too! If I get to assume health care (not unreasonable in the world we're hypothesizing) and don't forget that I'm not working and I'm not worrying about working either, then yeah, that sounds like a pretty good deal for a single guy with no family.

And by the time we kick this into gear, society may well be able to afford more than that. We're not talking today's society (which already has unsustainable levels of social obligation), we're talking a 20-30 year minimum future society. Or at least I am, since I'm actually talking about the real possibility, not a hypothetical parallel universe where it exists today.

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Per month. (Health care was assumed. I’m from Germany, you are already insured if you are unemployed. I don’t know any better.)

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An important part of basic income, is a research effort on reducing the cost of basic living. with reduced costs , pressure on taxpayers would be reduced , which should help both politically and socially for the acceptance of this ideas.

Research is both DARPA level research , and investing money in 3rd world r&d and commercial efforts, since low cost technologies are bound to come from there.

Just as an example, The cost of an high rise apartment could be reduced to $8000(excluding land) using container building techniques.This shows a path of really cheap rent for really basic housing.

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We have to make it possible for everyone to live ok lives, even without having a job. We are rich enough. We didn’t get any poorer as a whole. We should be able to afford that.

It already is possible. The poor in the USA right now have a standard of living greater than the middle class of 1970, but tend to work less than 800 hours/family/year.

http://www.heritage.org/research/welfare/bg1713.cfm

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(My comment was written from a German vantage point where the unemployed have to jump through tons of degrading hoops and everything is set up in a way which expects them to pick up work again sooner or later. I don’t know much about social security in the US, so I won’t comment on that.)

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That partisan think-tank study is pretty laughable. Since when is quality of life judged by appliance ownership? I don't have healthcare, a proper education, job skills, and my neighborhood is dangerous but hey at least I've got AC and this wonderful color TV!

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Job skills and education are a means to obtaining a good quality of life. The lack of them does not indicate a poor quality of life.

Quality of life is having desired goods and services, which the study indicates the poor have.

Regarding health care, do you wish to assert that health care available to the poor today is worse than health care available to the middle class in 1970?

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