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Are Universal Basic Incomes 'A Tool For Our Further Enslavement'? (medium.com)
Douglas Rushkoff, long-time open source advocate (and currently a professor of Digital Economics at the City University of New York, Queens College), is calling Universal Basic Incomes "no gift to the masses, but a tool for our further enslavement."
Uber's business plan, like that of so many other digital unicorns, is based on extracting all the value from the markets it enters. This ultimately means squeezing employees, customers, and suppliers alike in the name of continued growth. When people eventually become too poor to continue working as drivers or paying for rides, UBI supplies the required cash infusion for the business to keep operating. When it's looked at the way a software developer would, it's clear that UBI is really little more than a patch to a program that's fundamentally flawed. The real purpose of digital capitalism is to extract value from the economy and deliver it to those at the top. If consumers find a way to retain some of that value for themselves, the thinking goes, you're doing something wrong or "leaving money on the table."
Walmart perfected the softer version of this model in the 20th century. Move into a town, undercut the local merchants by selling items below cost, and put everyone else out of business. Then, as sole retailer and sole employer, set the prices and wages you want. So what if your workers have to go on welfare and food stamps. Now, digital companies are accomplishing the same thing, only faster and more completely.... Soon, consumers simply can't consume enough to keep the revenues flowing in. Even the prospect of stockpiling everyone's data, like Facebook or Google do, begins to lose its allure if none of the people behind the data have any money to spend. To the rescue comes UBI.
The policy was once thought of as a way of taking extreme poverty off the table. In this new incarnation, however, it merely serves as a way to keep the wealthiest people (and their loyal vassals, the software developers) entrenched at the very top of the economic operating system. Because of course, the cash doled out to citizens by the government will inevitably flow to them.... Under the guise of compassion, UBI really just turns us from stakeholders or even citizens to mere consumers. Once the ability to create or exchange value is stripped from us, all we can do with every consumptive act is deliver more power to people who can finally, without any exaggeration, be called our corporate overlords... if Silicon Valley's UBI fans really wanted to repair the economic operating system, they should be looking not to universal basic income but universal basic assets, first proposed by Institute for the Future's Marina Gorbis... As appealing as it may sound, UBI is nothing more than a way for corporations to increase their power over us, all under the pretense of putting us on the payroll. It's the candy that a creep offers a kid to get into the car or the raise a sleazy employer gives a staff member who they've sexually harassed. It's hush money.
Rushkoff's conclusion? "Whether its proponents are cynical or simply naive, UBI is not the patch we need."
Walmart perfected the softer version of this model in the 20th century. Move into a town, undercut the local merchants by selling items below cost, and put everyone else out of business. Then, as sole retailer and sole employer, set the prices and wages you want. So what if your workers have to go on welfare and food stamps. Now, digital companies are accomplishing the same thing, only faster and more completely.... Soon, consumers simply can't consume enough to keep the revenues flowing in. Even the prospect of stockpiling everyone's data, like Facebook or Google do, begins to lose its allure if none of the people behind the data have any money to spend. To the rescue comes UBI.
The policy was once thought of as a way of taking extreme poverty off the table. In this new incarnation, however, it merely serves as a way to keep the wealthiest people (and their loyal vassals, the software developers) entrenched at the very top of the economic operating system. Because of course, the cash doled out to citizens by the government will inevitably flow to them.... Under the guise of compassion, UBI really just turns us from stakeholders or even citizens to mere consumers. Once the ability to create or exchange value is stripped from us, all we can do with every consumptive act is deliver more power to people who can finally, without any exaggeration, be called our corporate overlords... if Silicon Valley's UBI fans really wanted to repair the economic operating system, they should be looking not to universal basic income but universal basic assets, first proposed by Institute for the Future's Marina Gorbis... As appealing as it may sound, UBI is nothing more than a way for corporations to increase their power over us, all under the pretense of putting us on the payroll. It's the candy that a creep offers a kid to get into the car or the raise a sleazy employer gives a staff member who they've sexually harassed. It's hush money.
Rushkoff's conclusion? "Whether its proponents are cynical or simply naive, UBI is not the patch we need."
If the least productive members of society are actually able to get off the treadmill of a minimum-wage job, they'll have time to better themselves through education, training, reading, etc should they desire to. The breathing room given to them will actually allow them to become MORE productive people.
As shaky as the the "science" of economics is, any Econ grad student could explain to you why that is simply, and absolutely not true historically. In the United States, we have had a rapidly growing money supply, based entirely on the Fed printing money, and it has not led to inflation.
If you're using a fixed (or relatively fixed) commodity like gold as the basis for your currency then you might have an argument. Since we went off the gold standard, you do not see any correlation between the number of dollars in the system and inflation. The simplest way to express it is this: if the growth in monetary supply outpaces the growth in output, then there might be some inflation, but since we've had decades of increased output and virtually no increase in money in the pockets of working people, there is a lot of ground to make up before we start seeing any impact. So, if the Fed printing money to put in the pockets of rich people (aka, quantitative easing) has not caused monetary inflation, then certainly putting money in the hands of people at the other end of the spectrum won't either. In fact, the increase in demand would probably trigger greater output.
You are welcome on my lawn.
That sounds like a desperate last-ditch effort to discredit UBI. According to his logic, employment is just another tool to funnel money to Uber and Walmart as well, so we should all quit our jobs right now to stop them.
OTOH, is we actually issue UBI, people won't need to work for Uber until they're too poor to work anymore. They can hold out for a real job that pays what their time and resources are worth.
The premise is nonsense. UBI is a means of distributing wealth in a economy where the marginal cost of producing goods and services approaches zero. It's a means to offer a transition into post-scarcity economy and a means to keep the ones at the lowest position in the pyramid at bay, because any other option would be more expensive. Rather having people who's jobs have been taken by robots grab kalashnikovs and start taking what they want society will chose to give them UBI. Those societies that will not do so when time is due will fail. UBI raises the bottom to which one can sick to something resembling a frugal but dignified life.
Uber and other shared economy services is just a transition from "private owned cars" to "robot cars used as a commodity" by transition over something that resembles taxis but really is nothing other than people doing lowly work that will be replaced by robots within 10 years. The main part about Uber is nothing but a piece of software anyway. I expect something like Waymo cars becoming attached to the Uber API or something like that within the next 5 years.
The Uber drivers of today will then get UBI. Where they don't, they will cause trouble, understandably.
We suffer more in our imagination than in reality. - Seneca
> This left-wing screen (which is not news, let alone news for nerds) ignores that companies don't "extract" value from a market.
Except that's exactly what they do: It's called "Profit." Profit is the extracted value in excess of the materials and labor the thing they sold cost. The fact that you are willing to pay in excess of what something is materially worth because its convenient doesn't mean it's not extracting value from you. Just the opposite, in fact.
Note this is not necessarily a bad thing; That profit can be applied to other things, and so the extracted value ultimately recycled back into the economy. It's when people take that extracted value and remove it from the economy that we have a problem...
=Smidge=
Every road and highway in the US is already a toll road, via the gas taxes collected (which, nominally, are supposed to pay for the roads - but rarely are dedicated to that purpose). In California, the State makes ~$0.50 per gallon; with about 15 billion gallons of gas purchased annually, that's around $7.5 billion in tax revenue, which is well above CalTrans (and local municipality) spending on road repair. Gas taxes are the tolls we pay to maintain the road - it's just often that the pot of money is raided for non-road use and thus poverty is claimed when it's time to raise more taxes/tolls for roads.
In 2014, about $324 billion (page 5-18) was spent on all transportation initiatives by local, State, and Federal agencies. This includes transit as well as roads. Those same Governmental agencies collected about $355.1 billion (page 5-21), making transportation more than self-sufficient - if it was all spent on transportation.
The Federal Government made $39 billion in gas and road taxes alone, even through it spent just $33 billion total on all transportation (a large portion of which went to transit). Of that $39 billion in revenue from roads, the Federal Government spent just $3.2 billion supporting roads.
Far from "capitalist roads killing you with tolls", we're already being excessively tolled by the Government - it's just done a gallon at a time.
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
At least cab companies are local, pay local taxes and their revenues go back into the community instead of all the profit being shoved off to some douche's new San Francisco campus.
No one is taking your money, your paying taxes to have an environment where you can work and earn money. Don't like paying taxes, well it is easy to stop working and paying them. You can also move to a country without taxes such as Somalia or a country with low taxes such as Saudi Arabia and enjoy the freedom that not paying taxes brings.
Do you complain about the grocery store demanding money to allow you to walk out with groceries?
https://en.wikipedia.org/wiki/Inverted_totalitarianism
This left-wing screen (which is not news, let alone news for nerds) ignores that companies don't "extract" value from a market. They exchange one thing of value (in the case of Uber, transportation services) for another thing of value (money).
The point your ignoring, which the article summary touches on is the concept of externalities. Wal-Mart is heavily subsidized by the government, since a great many of its employees couldn't exist without government assistance. UBI is just government assistance in a different form. It may work out or not. It has the bonus of allowing the end user to control how it is spent and I suppose the negative of allowing the end user to control how it is spent. The actual outcome depends on the end user.
Either way externalities exist in businesses. The most successful are liable to be those that shift the cost to future generations or to others. Want uber to be "fair"? Just make sure the total amount of regulation they face is the same as an ordinary cab driver faces. Do also remember that regulation tends to come about as a result of bad behaviour, so quite often removing regulations has consequences that are significant.
So to answer the question of the article. No, not really. UBI is not slavery. If anything it is the opposite. A person could do what they love, even if it takes awhile to find, cause their basics are met. Of course, whether UBI is feasible is another matter...
That's... beyond untrue. Lot's of government programs produce values that are many times the amount spent on them.
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