Live data from Hacker News

Welcome to the Post-Work Economy

fastcoexist.com

41–50 of 51 posts

Re: Welcome to the Post-Work Economy

#41
post #28

Well I'm 30 and have been unemployed all my life. I'm safe at home, trying to make a game. Jobs aren't necessary anymore. That's what the industry and automation are for. In a way, you can say capitalism allows the development of industries, which in the end seems to reduce the necessity of having capitalism in the first place. I didn't read the article, but I always sense there is this weird belief that "people must…

You feel safe (as in comfortable?) in whose home? Some people find it unacceptable to live with their parents/siblings/benefactors indefinitely.

I live in france, which has had 10% unemployment for a long time now.

Re: Welcome to the Post-Work Economy

#42
post #37
post #28

Well I'm 30 and have been unemployed all my life. I'm safe at home, trying to make a game. Jobs aren't necessary anymore. That's what the industry and automation are for. In a way, you can say capitalism allows the development of industries, which in the end seems to reduce the necessity of having capitalism in the first place. I didn't read the article, but I always sense there is this weird belief that "people must…

Serious question. How do you eat? How do you pay for electricity?

I live in france, which has had 10% unemployment for a long time now.

Re: Welcome to the Post-Work Economy

#44
the 'post-work' meme is in part doing double duty with an ulterior motive.

the western nations of europe and the united states are highly over-indebted, with particular respect to public pensions and social security.

there is no way this money can be paid back without hyperinflation of sorts. and of course, the modern central banking system understands how to string along stagflation as long as possible using the emerging markets model for finding a debt sink to mop up western national debt.

( creating debt in the third world and letting it trade 'up' for u.s. debt and euro debt every time there is an emerging markets credit crisis where people sell emerging market debt to trade for u.s. debt, or sell u.s. debt to obtain u.s. dollars which is 0% yielding u.s. debt )

the thing is , 'post-work' and these other memes like 'universal basic income' are just methods of promoting the idea of a generalized welfare system that will replace existing larger PUBLIC obligations to provide social security and public pensions to the public.

just look at greece. they call it 'haircuts'. the problem is that you cannot take away pensions and social security , or even MENTION THE IDEA of reducing these legally obligated payments because it is politically untoucheable. HOWEVER, you can introduce a positive meme of money for everyone, and then get the general publics support for the idea. THEN , AFTER you gave this general support , you use the support to help CUT REDUCE and ELIMINATE much of the public pensions and social security obligations.

for example, the idea of 'means testing' social security sounds horrible to most fixed income recipients of s.s. ALL 60 MILLION OF THEM. however, once you get a whole new generation of people on board with the idea of EVERYONE GETTING PAYMENTS, it becomes politically easier to force very large cuts on the social security recipients even while you CONTINUE TO CHARGE S.S. TAXES at an increasing rate relative to stagnating incomes ( taxes effectively increase if they stay the same while incomes stagnate over a long period of time while inflation of cogs goes up )

this meme of universal basic income was not necessarily crafted by the neoliberal market fundamentalists that are seeking to feudalize the fixed income recipient class, but it is, ironically, being co-opted by them as a welfare smokescreen to GUT legally mandated public payments to the classes of people that actually paid and continue to pay into them.

Re: Welcome to the Post-Work Economy

#45
post #40

Earlier quoted context omitted.

"Jobs aren't necessary anymore." What a statement. It rings of naivete. How would you pay for your living expenses? Are you living with someone who pays your living expenses? Do they work? Or are you on social welfare? Who maintains the automation? Who designs these systems? Until robots and AI can do everything (which is a long way away), there's always going to be something that no one wants to do. Getting paid is…

I live in france, and am on welfare. Unemployment has been at 10% for a long time now. What I mean is that we should not encourage people to do any job, and let them pursue things they like instead. So many people live on minimum wage, and don't go back to school. I think it's a great thing to live with your parents. And if there are a lot of NEETs in japan, maybe there are reasons behind it which go beyond "naivete"…

If you are unemployed because you are genuinely unable to find work, then that's an entirely different matter (and I apologise, and wish you all the best for finding work). I got the impression that you were unemployed by choice, especially given your various statements (and the rest of this post is partially prefaced on that assumption). Therein lies the problem. While your personal situation may work for you, it will not work for a vast majority of people. So my response was in regard to the various broad unqualified statements you made. I personally don't have anything against your choice. I can understand where you are coming from. However, your statements seem to reveal a certain level of naivete.

There are many people that must work in order to pay their families living expenses as they are married and have children. Even with welfare they might not have enough money to live above the poverty line. So they must work. While they could choose not to work, its hardly much of a choice.

I'm guessing your living with your parents (based on your statements). What if your parents decided to stop working? While in your circumstance they might have saved up enough money to live comfortably for many years, they had to work to get it in the first place. There are many people that cannot live with their parents for various reasons.

> Jobs are one avenue for this fulfillment.

I didn't say jobs are the only avenue for fulfilment, merely one avenue to it. People in undesirable jobs generally aren't there by choice. This breaks down your assertion that jobs aren't necessary.

> I think it's a great thing to live with your parents. And if there are a lot of NEETs in japan, maybe there are reasons behind it which go beyond "naivete". Calling this an epidemic without trying to understand the reasons behind it is easy.

Its an epidemic regardless of the reason behind it. I'm fully aware of the tough working conditions many face there, and that it will drive some to avoid employment due to the unbearable pressure. I suspect there are many that are simply just unmotivated to work, and have the means to do so.

>> and people will find all sorts of ways to justify their apparent lack of motivation.

> Why should people have any motivation? Is it some kind of a moral duty? Don't you read that people can be angry, desperate and resentful about their economic situation?

This is where I see the issue. You have formed opinions which justify your lack of motivation and project it onto others. Your situation might work for you, but it does not work for everybody. Yet you do not understand this:

"I always sense there is this weird belief that "people must work and belong to something so that society can function". I can't really express it. What bothers me is that somehow, even after the new deal and social programs, not having a salary or income is seen as some sort of a bad thing, and often, it will be a bad thing for your mental health (isolation, lack of personal goals)."

These social programs only function because others work. Their taxes pay for your expenses. These welfare systems are designed for people who are unable to find work, despite trying to find it. While there are some places trialling basic income, until most of the western world moves to it (unlikely any time soon), you are a burden to society. Now maybe in a few years, you will finish making your game (i hope it goes well), and it will sell well, justifying your unemployment. Until then many people will not understand your choice, and even dislike you for it. As I said previously, it would be a different matter if you quit your job to make your dream game. People can see you have a goal and are motivated - that you don't intend to remain a burden.

>> then you are a burden

> That's the worse thing you can call an unemployed person. Not only am I not interacting with anybody, but now I should feel guilty for my situation? How do you want me to improve my situation if you accuse me? I don't really like to continue this kind of conversation, because it only deal with social constructs, which aren't really good standards.

If you are seeking work and unable to find it, then I agree, its not a good thing to say to an unemployed person. However, I'm assuming you are unemployed by choice. If you are isolated, you need to work on a social life. It is your choice to be isolated. If you are actively trying to seek employment, then you should absolutely not feel guilty.

Re: Welcome to the Post-Work Economy

#46
post #17

Earlier quoted context omitted.

I don't mean to be undiplomatic, but there's no way I'm going to encapsulate this is an HN comment. Books! You must read books! If you want something really easy to start with (albeit a surface scratcher), try The Revolution: A Manifesto by Ron Paul. I don't even understand why anybody thinks that the default position is that everyone benefits from police. The burden is on you to prove that one.

> I don't mean to be undiplomatic, but there's no way I'm going to encapsulate this is an HN comment. Books! You must read books! Books are text. There is not actually anything preventing you from conveying the relevant information in an HN comment. Here, I'll do it from the other side. There is clearly no physical law that says private companies can't hire construction workers to build roads. But private roads are e…

Jeez you're cogent, diplomatic, polite, and helpful.

Thanks for this reply.

In general: I don't object to text as a medium, but to threaded posts as a format.

Thinking outside the box of owned land property - and how roads might be done better, for example - takes a lot more volume and research than is practical here.

But I appreciate the dialogue - thanks.

Re: Welcome to the Post-Work Economy

#47
post #24

Earlier quoted context omitted.

There are no such ratios, money multipliers are a myth. Money is created from nothing when banks lend. http://www.bankofengland.co.uk/publications/Documents/quarte...

Your link is describing the UK, which has no reserve requirement. So naturally, a ratio would not apply there. > Money is created from nothing when banks lend. In one sense you are right. If you add up everyone's net worth, it is greater than the amount of money issued by the central bank. But there is a natural limit on this process, because banks have to be able to fulfill checks cashed at other banks with real, ce…

The central bank in my country have issued similar reports describing the relationship between reserves and possible loans as indirect, even in the presence of the reserve requirement here. This requirement, as I understand it, a legal restriction, not an economic one, and it is rather soft. Imposing such a requirement does not fundamentally change the nature of how money is created.

> Banks have to be able to fulfill checks cashed at other banks with real, central bank issued money.

Increasingly less so. Especially since nobody buys a house with cash, and that's what most loans are for.

Re: Welcome to the Post-Work Economy

#48
post #40

Earlier quoted context omitted.

I live in france, and am on welfare. Unemployment has been at 10% for a long time now. What I mean is that we should not encourage people to do any job, and let them pursue things they like instead. So many people live on minimum wage, and don't go back to school. I think it's a great thing to live with your parents. And if there are a lot of NEETs in japan, maybe there are reasons behind it which go beyond "naivete"…

If you are unemployed because you are genuinely unable to find work, then that's an entirely different matter (and I apologise, and wish you all the best for finding work). I got the impression that you were unemployed by choice, especially given your various statements (and the rest of this post is partially prefaced on that assumption). Therein lies the problem. While your personal situation may work for you, it wi…

> and have the means to do so.

So what? Work is consented, not forced. If nobody wants to pay them better, they won't work. If they have the means to work, but don't want to work, what's the point of calling this a lack of motivation? It's basic supply and demand at work. Maybe society has to find a better way to employ those people. I think unemployment is sustainable. If you decide to work, you have more money, but an unemployed person will still have enough to live.

> Their taxes pay for your expenses.

Money is just an indicator, but it doesn't explain structural phenomenons. If you make abstraction of money, work is overrated. Automation removes a lot of necessary work. Haven't you seen how less people are need to grow food? Haven't you seen how many workers machines replace?

I'm now in a place of "discouraged unemployment". Meaning I had many interviews and did not get hired. The more unemployment you have, the more candidates will get discouraged to find a job. That's my situation currently. I think labor and the socioeconomic model need to change. You can't tell people to fit in a mold they don't like. Will a bank loan me money to work on my game ?

Other details you might not know: France is currently in a roar because the left government want to pass a law which is more liberal towards labor. France is pretty conservative in term of economic policy (despite the fact that welfare is generous). The fact is that in france, you literally CANNOT fire someone if you want to, or it's VERY difficult to do so. That might be the main reason people like me are in long term unemployment, and are refusing to make new concessions. I already gave my resume to the city company who deals with trash, and I got no answer. So in short, don't pretend you can advice everybody to work in fast food. That will only get votes for candidates like Sanders.

Re: Welcome to the Post-Work Economy

#49
post #28

Well I'm 30 and have been unemployed all my life. I'm safe at home, trying to make a game. Jobs aren't necessary anymore. That's what the industry and automation are for. In a way, you can say capitalism allows the development of industries, which in the end seems to reduce the necessity of having capitalism in the first place. I didn't read the article, but I always sense there is this weird belief that "people must…

And this is why Americans have such an issue with socialism, it's the exact ethos that makes people want to reduce / remove the welfare state. An able-bodied 30 year old, who has never had a job, lives off the state, and feels justified in this situation.

Re: Welcome to the Post-Work Economy

#50
post #26

Earlier quoted context omitted.

I take it you are privileged enough to spend most of your time in areas served by fairly complete road systems. You could be responding to someone who does not, especially since that person lives in "one of the lowest income counties in a state that is well below the national average". There are no "roads" as you would identify them in many such places. They do have jeep trails etc. but no government built them.

It really doesn't matter. All the modern (not literally home made from the raw materials) goods and commodities they have were delivered in very large part on mainstream infrastructure. Roads, railway, through airports and cargo ports, etc. That includes every vehicle they drive, the fuel they burn, clothes they wear, food they eat. The electricity they use, even the fuel they use to run generators if they're off the…

Yeah that's fine but we've really moved the goalposts here. OP mentioned that OP had never received student loans or disability payments. Somehow that inspired a rude comment based on some very developed-world assumptions concerning public infrastructure. Yes, in most situations we see, it's good for public infrastructure to be built using public money. That doesn't mean that someone who e.g. purchases a kerosene lamp to light her home at night should feel thankful toward the government officials who haven't yet nationalized and dismantled the container port that offloaded it, who haven't yet closed the dirt road over which it was hauled by truck, whose military hasn't yet run the local store that sold it out of business for insufficient bribery. Hell, all the infrastructure we're discussing might well have been built during a previous government that was violently overthrown by the current one! Who should she thank in that case?

When I was last in a "developing" nation, back in January, my hosts observed that the only existing paved road outside a large city, over which bus, truck, and agricultural traffic was solid day and night, was built and maintained by the federal government rather than the provincial one, because otherwise the money just disappeared. When we reflexively castigate those with questions about the use of public money (or frankly, in this thread, who are misunderstood to have posed such questions), we're protecting those who are glad for no questions to be asked. That's true in both "developing" and "developed" nations.

Post reply on HN