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(Score: 0) by Anonymous Coward on Thursday May 19 2016, @05:55PM
by Anonymous Coward
on Thursday May 19 2016, @05:55PM (#348423)
I agree with you, we cannot have 50 million plumbers or welders. And of course these threads always devolve into some sort of philosophical debate about the future, so here we go:
The future with current economic system in tact can only survive with one of two possibilities: 1) We redefine Full time to less hours, and increase OT pay such that you will have to hire more people instead of using OT. This of course can accelerate the jobs leaving the country, so similarly there would have to be a quota on number of employees not in the country. 2) We accept part of our population will never be employed, and go with either a massive basic income, or have some sort of a feudal system where the people working have a bunch of serfs each doing petty work for their lord and master in order to have food and a place to live...
Either way, in the face of eternal surplus will will eventually have to do away with currency, as currency is the greatest invention known to men for distribution of limited resources. When the limit is removed, currency is useless and causes more problems than is worth.
(Score: 0) by Anonymous Coward on Thursday May 19 2016, @05:55PM
I agree with you, we cannot have 50 million plumbers or welders. And of course these threads always devolve into some sort of philosophical debate about the future, so here we go:
The future with current economic system in tact can only survive with one of two possibilities:
1) We redefine Full time to less hours, and increase OT pay such that you will have to hire more people instead of using OT. This of course can accelerate the jobs leaving the country, so similarly there would have to be a quota on number of employees not in the country.
2) We accept part of our population will never be employed, and go with either a massive basic income, or have some sort of a feudal system where the people working have a bunch of serfs each doing petty work for their lord and master in order to have food and a place to live...
Either way, in the face of eternal surplus will will eventually have to do away with currency, as currency is the greatest invention known to men for distribution of limited resources. When the limit is removed, currency is useless and causes more problems than is worth.