| ▲ | TheOtherHobbes 4 hours ago | |
It's either/or. Either you reward creators and inventors to keep creating and inventing and keep poverty at bay, or you give everyone enough to avoid poverty whether they work or not and reward c+i in some other way. What we have now is neither - owners are hugely over-rewarded for owning things and extracting passive value from everyone else, creators and inventors are kinda sorta rewarded sometimes if they're lucky and very much not if they're not. Just like other workers. "The commons" is not a thing in this model, except in a few small niches. | ||
| ▲ | yellowapple 3 hours ago | parent | next [-] | |
That's indeed one of many reasons why I'm staunchly pro-UBI. | ||
| ▲ | wakawaka28 3 hours ago | parent | prev [-] | |
>What we have now is neither - owners are hugely over-rewarded for owning things and extracting passive value from everyone else, creators and inventors are kinda sorta rewarded sometimes if they're lucky and very much not if they're not. Just like other workers. Creators and inventors are rewarded but obviously they cannot consume the whole pie. The people who invest in creative pursuits eat a lot of losses. People only seem to notice profitable successes, and forget that failures need to be paid for as well. The same logic also applies to workers. The fact that your labor costs money is a guarantee, and it might not make money at all. We can think of a few examples where the work is directly delivered to consumers with zero marginal overhead, but most work DOES have overhead and liabilities, no matter how simple. | ||