Earlier quoted context omitted.
> 1. Some workers lose their jobs to automation. > 2. The remaining ones have a weaker negotiation power, as their jobs are on the way out anyway. So companies have even more incentive to abuse them. I wonder what the eventual end game is, when you let everything play out to its logical conclusion. Eventually, business owners will no longer need people at all. They'll own a magical fully-automated factory that mainta…
That's the argument for universal basic income in a nutshell. I'm not so convinced, I think this comes from the limited mental model of thinking of the economy as a system for making widgets. Rather, the economy is what happens when a society organizes its member's aggregated needs and desires. Being a valued member of a community is a rather basic human need. As such, the economy will find novel ways to meet that ag…
the past couple centuries have seen a great advancement in application of the economic mode to greater areas of life. there are both clear and nominal benefits and downsides. its advance doesn't necessarily mean it's satisfying equivalent needs and desires, nor that it is more effective or objectively preferable.
it's well-documented that often it has advanced by threats, dispossession, and violence. and it's certainly possible that could continue, or that it might lose ground on some externality, or sustain hegemony by those same tools.