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Originally Posted by GGG
Tinkering is purpose, for example I changed the brakes on my car this weekend, not because I can’t afford to but because it is fulfilling. I put a new roof on my garage in the spring not because I couldn’t afford to but because I hadn’t done it before. I also did a ton of hiking this summer when I wasn’t working. What I didn’t do in this spare time was contribute to society in any meaningful way. You are assuming that the Mastery concept is equivalent to making society better. It isn’t, it’s just having new experiences, learning and getting good at things. These may or may not be beneficial to society at large. We clearly disagree with the level of risk and the human response
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It is a benefit to society that you are doing these things. You replacing your car breaks and garage roof means that you aren't paying someone else to do it for you, so you've saved society from doing that work. Likewise, your active lifestyle makes it far less likely that you'll find yourself in a clinic or a hospital bed any time soon, and/or needing prescription drugs.
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Why wouldn’t people who currently max out there ability to spend money so they have to work continue to do that with an additional 20k in their pocket. Why would this behaviour change.
Why would there be a shift in focus from exploitation and consumption? Economic analysis shows giving money to poor people acts as really good stimulus precisely because it increases consumption.
Throughout history the Energy consumed per person is rising. Transferring money from rich to poor doesn’t change this. If you want to change this you need to increase the cost of energy. There is no other solution.
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Well, that's just it. On the one hand, UBI acts as a stimulus and may lead to increased consumption for some. But on the other hand, taxes and inflation will lead to reduced non-essential consumption across the board.
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Originally Posted by _Q_
Instead of a UBI, why not a Job Guarantee?
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Are you going to tell a 50 year old truck driver who just lost his job to a self-driving truck, that he has to quickly transition to a highly-skilled, technical job?