The article bounces around talking about basic income and work hours regulation, which is a completely different economic and political topic. Believe me, they cannot and should not be intertwined with solving the IP problem. That basic income would create unemployment only among inert workers is silly. Inert workers are passed along until they find suitable work in agriculture, steel, military etc. where the labor component is unavoidable. Well, this is true in US,CA,AU,HK,SG,CH,BS where welfare is meager, but probably not some parts of Europe.
I’m always surprised how work hours decreased in the 1800s from 17 hours per day to 10, but only from 10 to 8 in the last century – probably high taxes, regulation, holidays, vacations, schooling, etc. Or maybe it’s rampant consumerism!
]]>there must be a better word
swarming indicates hive mind in some way
flocking conjures up starlings and swallows as well as geese migrating
what of fish schools or herds of antelope?
multi-agent modelling
mam
confluence is the more abstract metaphor
which also implies convergence of course
please shift from swarm 🙂
]]>If we can take tens of billions of funds to give to the banks for *no* return in terms of the real economy, we certainly can give everyone a basic income for a fraction of that amount, with real return in terms of increased economic activity (people can spend again) and quality of life (they don’t have to live under the bridges any more).
It really depends whether we consider the abstraction of financial markets to have more importance than the real economy of people working, having a home, having to eat and to live and to enjoy. As long as the financial world is considered to be of paramount importance, we will throw all our resources in that direction. Finance should properly be at the *service* of the people economy, not the other way around.
]]>Despite asking the question of how to pay for it I think that we should be looking at how to cut out the idea of ‘cost’ altogether by working this into the idea of non-paid work (The farmers and builders should be the first people to get this swarm wage because they are the first contributors).
]]>As industry is no longer the driving force in economics, and as there is less and less need for human contribution, the question indeed becomes: Where do we send the people that are left over? Nowhere to go, but into the swarm economy. And in order to do so, we need to provide for basic sustenance, a “basic, unconditional income for every citizen”, and reward only the individual’s contributions to actual for-profit economic activity.
Great article!
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