Billionaire says Technology Will Kill White-Collar Jobs...

[_ldsfaqs]

http://www.forbes.com/sites/chasewithor ... nequality/

The only solution I'm seeing to all this is for things become like "Star Trek" in which money becomes "credits".... Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., and then depending on the type of work you do and are qualified to do your credits adjust. The system can be mimicked similar to the current system where people are paid for what they do. People will have to compete for the type of work, basically just like now.

This is really the only way to solve both the so-called income inequality issues and the change to a more technological world. The current system will soon be obsolete, and if it doesn't change then there will be mass poor.

[_MissTish]

Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., and then depending on the type of work you do and are qualified to do your credits adjust.

Sounds suspiciously like socialism.

[Guest]

Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., and then depending on the type of work you do and are qualified to do your credits adjust.

Sounds suspiciously like socialism.

No.... There's no actual "money" involved, and you're not taking money from others and giving it to others.
Everyone is also required to work in some way they are able according to their health and ability, the amount of credits they've earned over years i.e. credit wealth, etc..

What this is is simply entirely changing the economy getting away from a "barter" system in relation to "goods" and for it to be about "labor" instead.
There are lot's of people for example on welfare who are perfectly capable of working. There are lot's of people who work long hours etc. this extra labor would also reduce the need of working long hours, so quality of life will improve.

Barter with goods would still occur between country's etc.

This website goes a lot into things, there's other websites and aspects, and this website isn't perfect in everything he says (like no need for everyone to work), but it's a good thought exercise of a website. A lot out there do compare it to socialism, or as this website does as similar but hybrid of Eurpean socialism/communism but it's not.
https://medium.com/@RickWebb/the-econom ... .nneikkkcv

[_MissTish]

No.... There's no actual "money" involved, and you're not taking money from others and giving it to others.
Everyone is also required to work in some way they are able according to their health and ability, the amount of credits they've earned over years i.e. credit wealth, etc..

What this is is simply entirely changing the economy getting away from a "barter" system in relation to "goods" and for it to be about "labor" instead.
There are lot's of people for example on welfare who are perfectly capable of working. There are lot's of people who work long hours etc. this extra labor would also reduce the need of working long hours, so quality of life will improve.

This website goes a lot into things, there's other websites and aspects, and this website isn't perfect in everything he says (like no need for everyone to work), but it's a good thought exercise of a website.
https://medium.com/@RickWebb/the-econom ... .nneikkkcv

So who pays for everyone to have these credits as per your comment upthread :
"Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., "

Private industry? The government? Who?

A lot out there do compare it to socialism, or as this website does as similar but hybrid of Eurpean socialism/communism

Gee, I wonder why that is...

[_ldsfaqs]

So who pays for everyone to have these credits as per your comment upthread :
"Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., "

That's the point, you "pay" for it with your labor.
Like I said, as an example, the majority of those who get welfare and aren't working or work little are entirely capable of working, thus they would get jobs and work where they are needed and qualify for.

In other words, the money doesn't "come from anywhere" outside of people, they are "yours" based on your production/labor.
And because they don't come from anywhere, they are just given, those who really can't work or produce in ANY form at all, are simply given the credits they need for food, housing, etc. at the low end obviously since they aren't a producer.

It's really simple....
Just imagine right now that instead of money, "earnings" were turned into credits.
It doesn't come from the business, those earnings are reported to the Government, and thus becomes credits that everyone get's according to whatever they are producing.
People are still hired as needed to operate things, credit levels again are based on skills, job, etc.
Everyone works in some form producing for the greater good.

What is removed is the need for "money" to do anything. Everyone simply get's their necessary credits to live as they self improve and improve society according to their skills and talents.

So, there is no "taking" from anyone and giving to anyone.
Basically, this system would be a hybrid Capitalist and Socialist system, the best of both systems but without the punishment and suffering aspects of both, the flaws.

So no, it's not socialism at all. Socialism is "goods" based still, taking from one and giving to others.
This system does not "take" from anyone. Everyone is a producer, and you get credits per your production, mimicked similar to the way the current free market works. This is still FREEDOM based.... it's not socialism at all. Liberals often confuse the Churches United Order as "communism/socialism", but it's not at all. It has some related aspects, but it's not. This is even more different, because it's still based in "creation" economics, not greed and entitlement as socialism is.

[_honorentheos]

This thread...https://www.youtube.com/watch?v=QGYJyeX-oMc

[_EAllusion]

So it turns out ldsfaqs' opposition to hardcore socialism is that we call our abstract medium of exchange money and not credits.

[_EAllusion]

Incidentally, what you are proposing ldsfaqs is called universal basic income. Look it up.

Then on top of that, you go full blown Marxist.

[_cinepro]

The problem of job automation will definitely require new kinds of thinking. I suspect our current ideas about "capitalism" and "socialism" and other economic models just won't apply.

If you haven't seen this video, it's a good starting point: Humans Need Not Apply

"As mechanical muscles pushed horses out of the economy, mechanical minds will do the same to humans. Not immediately, not everywhere, but in large enough numbers and soon enough that it's going to be a huge problem if we're not prepared. And we're not prepared. (4:26)"

[_Analytics]

So who pays for everyone to have these credits as per your comment upthread :
"Everyone get's enough credits to have at least an apartment transportation as necessary, and food, etc., "

That's the point, you "pay" for it with your labor.
Like I said, as an example, the majority of those who get welfare and aren't working or work little are entirely capable of working, thus they would get jobs and work where they are needed and qualify for.

In other words, the money doesn't "come from anywhere" outside of people, they are "yours" based on your production/labor.
And because they don't come from anywhere, they are just given, those who really can't work or produce in ANY form at all, are simply given the credits they need for food, housing, etc. at the low end obviously since they aren't a producer.

It's really simple....
Just imagine right now that instead of money, "earnings" were turned into credits.
It doesn't come from the business, those earnings are reported to the Government, and thus becomes credits that everyone get's according to whatever they are producing.
People are still hired as needed to operate things, credit levels again are based on skills, job, etc.
Everyone works in some form producing for the greater good.

What is removed is the need for "money" to do anything. Everyone simply get's their necessary credits to live as they self improve and improve society according to their skills and talents.

So, there is no "taking" from anyone and giving to anyone.
Basically, this system would be a hybrid Capitalist and Socialist system, the best of both systems but without the punishment and suffering aspects of both, the flaws.

So no, it's not socialism at all. Socialism is "goods" based still, taking from one and giving to others.
This system does not "take" from anyone. Everyone is a producer, and you get credits per your production, mimicked similar to the way the current free market works. This is still FREEDOM based.... it's not socialism at all. Liberals often confuse the Churches United Order as "communism/socialism", but it's not at all. It has some related aspects, but it's not. This is even more different, because it's still based in "creation" economics, not greed and entitlement as socialism is.

Interesting post. An important thing to keep in mind is that the way you think of communism and the way communists think of communism are two different things. Your description of your ideal system sounds a lot like how communists describe their own ideal system.

It's sort of like somebody saying...

"I believe in God the Eternal Father, in his Son Jesus Christ, and in the Holy Ghost. And I believe man will be punished for his own sins and not for Adam's transgression. And I believe that through the atonement of Jesus Christ, all mankind may be saved....and if there is anything virtuous, lovely, or of good report, I seek after those things.

....Those beliefs are NOTHING like what Mormons believe. Mormons worship Satan's brother and are motivated by pure greed to get their own planet and have eternal sex with multiple wives."