Earlier quoted context omitted.
Cards on the table: I think the vast majory of people would do less, and perhaps very little socially productive work without the current financial incentives. > Would paying more to the people who now don't need to work, but are willing to, suffice? This is not possible because you cant simultaneously pay workers more (as a whole) and have them subsidize the non-working. I admit it may be possible to reallocate comp…
> Cards on the table: I think the vast majory of people would do less, and perhaps very little socially productive work without the current financial incentives. I don't disagree, but aren't you implicitly admitting here that the vast majority of people don't want to spend their lives doing work? We get a few laps around the sun, once, before we return to oblivion. It seems a tragedy to me to force almost everyone in…
In both the US and UK over 30% of households are owned outright with no mortgage.
The economy is made up of us, it's not (predominantly) a downtrodden serving a tiny elite.
Most people work and do useful stuff for each other. Yes, there are bullshit jobs, but it's a huge exaggeration to pretend they all are.