Eliminating taxation and implementing a basic income payed for by new money created out of thin air, pegged to the GDP for the year, is how the world will deal with machines creating more wealth than we know what to do with, without people. It's a direct form of wealth transfer that requires zero force, no "putting people in cages because they can't/don't pay" nonsense. For social spending, you do the same: print new…
err.. your left wing viewpoints are showing.. have a look at what happens to indigenous groups that are given handouts.. massive alcoholism.. obesity.. huge problems. people will have to work and improve themselves. the struggle in life is important along with risk taking. but, the dynamics of pay may change to compensate for the amount of leverage we can get today in society
http://en.wikipedia.org/wiki/Mincome
Mincome was an experimental Canadian basic income project that was held in Dauphin, Manitoba during the 1970s. The project, funded jointly by the Manitoba provincial government and the Canadian federal government, began with a news release on February 22, 1974, and was closed down in 1979.
The purpose of this experiment was to determine whether a guaranteed, unconditional annual income caused disincentive to work for the recipients, and how great such a disincentive would be.
It allowed every family unit to receive a minimum cash benefit. The results showed a modest impact on labor markets, with working hours dropping one percent for men, three percent for wives, and five percent for unmarried women.[1] However, some have argued these drops may be artificially low because participants knew the guaranteed income was temporary.[2] These decreases in hours worked may be seen as offset by the opportunity cost of more time for family and education. Mothers spent more time rearing newborns, and the educational impacts are regarded as a success. Students in these families showed higher test scores and lower dropout rates. There was also an increase in adults continuing education.[3][4] A final report was never issued, but Dr. Evelyn Forget (/fɔrˈʒeɪ/) conducted an analysis of the program in 2009 which was published in 2011.[4][5] She found that only new mothers and teenagers worked substantially less. Mothers with newborns stopped working because they wanted to stay at home longer with their babies, and teenagers worked less because they weren't under as much pressure to support their families, which resulted in more teenagers graduating. In addition, those who continued to work were given more opportunities to choose what type of work they did. Forget found that in the period that Mincome was administered, hospital visits dropped 8.5 percent, with fewer incidences of work-related injuries, and fewer emergency room visits from car accidents and domestic abuse.[6] Additionally, the period saw a reduction in rates of psychiatric hospitalization, and in the number of mental illness-related consultations with health professionals.[7][8]