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Why do people waste so much time at work?

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Re: Why do people waste so much time at work?

#101
post #22

Earlier quoted context omitted.

> Then what about distribution of these resources? The point is that this is an entirely separate question. On a global scale, it's hard to find a worse distribution scheme than the currently used scheme, so any arbitrary distribution is better than the current one (in which the powerful take increasingly more).

On a global scale? I thought all those Hans Rosling "Mind the Gap" videos were telling us the world is increasingly equal.

90% of the world still live on less than $10 a day. If you incorporate inflation into the 1981 $1 a day world bank poverty threshhold it would be about $2.50 a day now. At that $2.50 there are something like 300 million more people living below that absolute poverty line than there were when it was created.

Unfortunately those Hans Rosling presentations really only deal with mortality at birth, which has consistently improved but probably only down to improvements in neonatal technology.

It's really about time people came to realise the World Bank/IMF neoliberal "free trade" globalisation experiment really only works to enrich western asset holders at the expense of the rest of the world through debt bondage.

Re: Why do people waste so much time at work?

#102
post #92

Earlier quoted context omitted.

There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. Unsurprisingly this didn't end well. >If we create a culture that tells people they don't have to work to receive those benefits, it will disicentivize people to actually work. We already have a culture like this. Those who believe they own an entirely imaginary thing call…

Those who believe they own an entirely imaginary thing called "money" The fact that someone can write this is laughable to anyone that was ever poor in their life. Money is not at all imaginary. It's quite real. The lack of money can ruin your day, your year, your life. As for what money is - it is a productivity storage mechanism. Once you've been productive it allows you to store that productivity in a fungible for…

which hits the key point in Fuller's argument. In modern times thanks to scientific breakthroughs and the like, some people can be 100,000 times more productive than others with 1 invention.

Should they then possess 100,000 times the share?

Re: Why do people waste so much time at work?

#103

"We must do away with the absolutely specious notion that everybody has to earn a living. It is a fact today that one in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a living. We keep inventing jobs because of this false idea that everybody has to be employed at some kind of drudgery because…

We tried this idea, in America, at the Jamestown Colony. They initially established it in a "socialist" vein wherein everyone received an equal share of the proceeds (food, etc) regardless of their contributions to the colony. The colony barely survived because people lacked the incentive to work and produce because there was no advantage to them working more than their peers. Why should I work to produce an excess w…

Bucky Fuller always inspires disagreement, but I think you'd have a difficult time making the case that the Jamestown Colony from the year 1607 is in any way relevant to this discussion.

Re: Why do people waste so much time at work?

#104

Earlier quoted context omitted.

We tried this idea, in America, at the Jamestown Colony. They initially established it in a "socialist" vein wherein everyone received an equal share of the proceeds (food, etc) regardless of their contributions to the colony. The colony barely survived because people lacked the incentive to work and produce because there was no advantage to them working more than their peers. Why should I work to produce an excess w…

>why should they if their excess production goes to subsidizing non-producers who stare at the sky all day? There's a lot of room for manouver between 'everyone gets exactly the same amount no matter their contribution' and 'everyone must be productive (net-positive on the society) to sustain themselves'. So, reasons you might contribute when even the sky-gazers can survive at a decent level: 1. Because the extra pay…

As I understand it, various nordic countries are quite nice in that people are well-compensated for what those in North America would consider low-paying jobs. This would give people a lot more freedom to do what they like or do what they're able to do (if they have limited skill learning potential) without worrying about their future.

Re: Why do people waste so much time at work?

#105
post #69

Earlier quoted context omitted.

I think there's a middle ground to be found here. What if everyone gets the necessities and some basic niceties, and the most productive get the rest? You'd be working for luxury and status, as opposed to necessity, but isn't that motivation enough?

What qualifies as the necessities and basic niceties? That's a very broad category that fluctuates based on where you live. Necessities + basic niceties in my current area cost a significant multiple of somewhere else like the Midwest USA. In turn, this might incentivize people to move from Midwest USA to other area USA if they're getting more $$$ and thereby raise the total cost of the program.

What qualifies as the necessities and basic niceties? That's a very broad category that fluctuates based on where you live.

It doesn't really matter, because people can move. You just give the same to everyone, and let people choose whether they prefer to live large in Midwest or frugally/working in NY.

Re: Why do people waste so much time at work?

#106
post #92

Earlier quoted context omitted.

There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. Unsurprisingly this didn't end well. >If we create a culture that tells people they don't have to work to receive those benefits, it will disicentivize people to actually work. We already have a culture like this. Those who believe they own an entirely imaginary thing call…

Those who believe they own an entirely imaginary thing called "money" The fact that someone can write this is laughable to anyone that was ever poor in their life. Money is not at all imaginary. It's quite real. The lack of money can ruin your day, your year, your life. As for what money is - it is a productivity storage mechanism. Once you've been productive it allows you to store that productivity in a fungible for…

> Once you've been productive it allows you to store that productivity in a fungible form.

What is a trust fund then? Were the folks on the receiving end of trust funds productive? How about high frequency trading? Is the money made from computers intercepting and manipulating trade prices the result of someone's productivity?

Money has been divorced from productivity for quite some time.

Re: Why do people waste so much time at work?

#107

Earlier quoted context omitted.

No, we should all be able to get whatever we need because for the first time in history, we can . If individuals would like to pursue even more (ie the things they want ), they should be free to do so, so long as those wants don't occlude the afore stated needs of others. The interesting thing is that we (humanity) could now actually do this if we wanted to. In the past, the laws of physics (and our lack of knowledge…

Here's a relevant reply I posted to someone else: ----- I'm guessing his point was that we're so accustomed to relatively comfortable living (especially here on HN), that we take valuable things for granted. That leads to a sense of entitlement and confusion. We don't see how valuable the things we have are, so we end up thinking they should be "free", without realizing that nothing of value is actually free, because…

>Suppose Service X costs you $500 per month to produce. If you keep giving it away for free, you're incurring a loss of $500 per month. That is not sustainable.

>In a similar fashion, running the Nanny-Fairy-Machinery and producing things with it would definitely cost something, and that's why giving the output away for free wouldn't be sustainable. It's a Marxism-tinged pipe dream.

The reason any of this is being discussed is because the cost of producing basic needs should be going down because of automation, technology, etc. and won't be stuck at $500 or whatever value you choose over a long period of time. It's not impossible for Service X to get to the point where its cost to customers is not worth handling actual currency from its customers (which is what happens if the number you pay always remains at $500/mo).

Eventually we get to employ robots to do hard labor better than any human can for longer periods of time until we're paying fractions of a penny per hour in 'wages', initial cost and maintenance included. The ability to do this just wrecks any intuition we have about what it costs to produce things.

Re: Why do people waste so much time at work?

#108
post #92

Earlier quoted context omitted.

There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. Unsurprisingly this didn't end well. >If we create a culture that tells people they don't have to work to receive those benefits, it will disicentivize people to actually work. We already have a culture like this. Those who believe they own an entirely imaginary thing call…

Those who believe they own an entirely imaginary thing called "money" The fact that someone can write this is laughable to anyone that was ever poor in their life. Money is not at all imaginary. It's quite real. The lack of money can ruin your day, your year, your life. As for what money is - it is a productivity storage mechanism. Once you've been productive it allows you to store that productivity in a fungible for…

The fact that anyone was ever poor should be an affront to anyone who believes that money is real. People of your ilk are fond of resorting to the old canard "everyone needs a roof over their head and food in their belly". Well, there quite simply is an astounding surplus of such. Those who really believe that the lottery system we currently use of assigning who gets what is truly effective and just will have to answer for that someday.

Money is only powerful because a quorum of people have mutually agreed to believe that it is. One of the things I enjoy pointing out is that the stock market is a wonderful example of the power of belief. When enough people believe it's going to crash, guess what happens?

Re: Why do people waste so much time at work?

#109

Earlier quoted context omitted.

> There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. The parent's quote specifically proposed the notion of people not working. This doesn't disprove the argument or address the point about the structure of Jamestown's initial income distribution mechanism. > We already have a culture like this. Those who believe they own…

The claim that Jamestown was "saved by capitalism" is the typical libertarian/conservative story touted out in discussions about socialism and capitalism. The situation was a lot more nuanced than that. The setup of Jamestown as between the Crown and the investors, not the colonists, who were essentially indentured servants for 7 years. Also, the climate was not right for the types of crops the colonists were trying…

That's an incredibly frustrating response because it doesn't actually address anything substantive but simply attempts to cast dispersion on the arguments. I'll reiterate the request I made to a commentator below in the thread. Are there counter examples of a society working without incentive that allows people to work or not work and if so, why aren't they with us today / if they are, why aren't they more influential? I'm open to being proven incorrect in the course of a substantive discussion, however, I'm disinclined to change my views in the face of simple dispersion.

You're missing the point that incentives matter, pretty much every economist from the most socialist to the most libertarian agrees on that point. When you incentivize one activity, you're removing incentives somewhere else. I.E. if I cut the cost of junk food 1000% percent, I'm encouraging you to eat bad food because you can get more of it for less compared to healthy food. Comparably, if I incentivize not working that will reduce or remove the incentives to work.

> That's an incredibly naive response.

And that's a terrible response with no further substantiation of the position. What is the "not naive" view of money? Why is it a superior position to hold? Give me a reason to prefer. Simply telling me I'm being naive without substantiation or alternative is borderline ad hominem.

> For the amount these people are paid, it's hard to see how much value they are producing. There is definitely an entitlement mindset.

How are you defining value? In the case of your example, they're leading in and participating in multi-billion dollar companies and markets that people are giving money to in exchange for services indicating they provide some value to the end user. We can debate the merits of that value or the manner it's provided, but the fact that people are giving the companies money would indicate they're providing a good or service the people value.

Re: Why do people waste so much time at work?

#110

Earlier quoted context omitted.

There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. Unsurprisingly this didn't end well. >If we create a culture that tells people they don't have to work to receive those benefits, it will disicentivize people to actually work. We already have a culture like this. Those who believe they own an entirely imaginary thing call…

> There was nothing "socialist" about Jamestown. Many of the initial settlers were aristocrats who had no experience of work, and no interest in it. The parent's quote specifically proposed the notion of people not working. This doesn't disprove the argument or address the point about the structure of Jamestown's initial income distribution mechanism. > We already have a culture like this. Those who believe they own…

It's well known that, once you acquire enough money, you can live off the proceeds of that money. If you inherited a million dollars and put it in bog-standard funds, you'd get ~$75,000 a year for doing absolutely nothing. How that factors into your theory, I'd love to know.
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