Ok so yes Neo liberalism /globalisation hasn't worked out so well - but I think the competing ideology at the time was "Trickle down economics". :P Still waiting for the trickle...
What do you think of Universal Income as a solution?
I was under the impression that neoliberalism, globalisation and trickle-down economics were all connected, rather than being in competition with each other.
Like communism and neoliberalism, UBI looks good on paper, but I worry about the unintended consequences. First, you have to wonder why a small number of productive people would want to keep supporting a large number of unproductive people. Second, even if it was the case that the rich and powerful could be relied on to be magnanimous indefinitely, the evidence suggests that humans don't cope with vast stretches of unstructured time. Sure, some individuals will write novels and symphonies, but most would likely spend their days bingeing on soma, porn and mindless TV shows.
Ok so yes Neo liberalism /globalisation hasn't worked out so well - but I think the competing ideology at the time was "Trickle down economics". :P Still waiting for the trickle...
What do you think of Universal Income as a solution?
I was under the impression that neoliberalism, globalisation and trickle-down economics were all connected, rather than being in competition with each other.
Like communism and neoliberalism, UBI looks good on paper, but I worry about the unintended consequences. First, you have to wonder why a small number of productive people would want to keep supporting a large number of unproductive people. Second, even if it was the case that the rich and powerful could be relied on to be magnanimous indefinitely, the evidence suggests that humans don't cope with vast stretches of unstructured time. Sure, some individuals will write novels and symphonies, but most would likely spend their days bingeing on soma, porn and mindless TV shows.
i have same worries over UBI - who gets the dignity of workng
leaving us with scandi socialism ?