Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

[...] Winning a share of the fruits of automation for the rest of us requires victory at the level of the state rather than the individual workplace.

This could be done through a universal basic income, a minimum payment guaranteed to all citizens completely independent of work. If pushed by progressive forces, the UBI would be a non-reformist reform that would also quicken automation by making machines more competitive against workers better positioned to reject low wages. It would also facilitate labor organization by acting as a kind of strike fund and cushion against the threat of joblessness.

A universal basic income could defend workers and realize the potential of a highly developed, post-scarcity economy; it could break the false choice between well-paid workers or labor-saving machines, strong unions or technological advancement.

not sure how I feel about this ... seems like it could easily lead to a local maximum (suboptimal equilibrium)

—p.9 Ours to Master (6) by Jacobin 7 years ago