To me, it would certainly make sense to not, basically, destroy 50% of the consumer base. Economy requires the movement of money - a fact that the "anti-welfare" brigade don't seem to grasp - and if you've shovelled all your burger flippers, cashiers, kiosk attendants, cleaning staff, pilots and such out of the wage-earning bracket, then you've effectively removed 50% of the people who're buying the goods and using the services that your company makes money from.
Kind of hard to maintain a level of "uber-rich" when the remaining 50% of the workforce (until such time as automation makes everyone except CE Os
and boards of directors redundant) is not going do be consuming as much as was consumed when everyone had money to spend.
Shoving "undesirable" unemployed people into free housing projects and feeding them predigested-pap-in-a-can is not going to make money for the corporations.
Nor is letting them all die off as one paranoid anonymous comment of Marshall's pages suggested.
The only way the economy could work is if there were some other form of income available to the displaced workers - and Marshall does raise some perfectly viable means achieving that.
So it's not about "ethics" and "morality" of giving money to people who are "not working" - for a start, the proposal mooted is that the money is given to everyone
, so that those who are working are actually earning money on top of that stipend - it's about the practicality of ensuring that money keeps circulating (a working economy) instead of just "migrating to the top" (stagnation and, eventually, rendering the money worthless).
I'm no brilliant economist - in fact, I'm shit with money handling - but even I can see the repercussions of removing the incomes of 50% of the consumers (we're already seeing the repercussions of diminishing the incomes of a smaller percentage of the consumers).
So, never mind "morality" and "ethics", ensuring that people have the money to spend on rent/mortgage/rates, food, electricity etc is essential.
But, but, but... some people are just going to sit on their arses all day, long playing computer games, stuffing their faces with pizza and not contributing.
people are going to sit on their arses and consume
video games, buy
pizza and contribute
to the working of the economy.
Others are going to say "Fucking sweet
, I'm going to open a shop selling my own blend of coffee to anyone who walks past - and if I only sell one cup a week who the fuck cares, because I'm able to pay for my food, rent, movies, electricity etc - because that's what I've always wanted to do
edited 15th Oct '13 3:12:54 PM by Wolf1066