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Strategies & Market Trends : Currents of Currency

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To: The Wharf who wrote (148)	7/9/2012 12:02:00 PM
From: The Wharf	Read Replies (1) of 594

finance.yahoo.com And last week the Financial Times posted a piece about the end of the age of consumption, with what would currently be considered radical proposals; "[government] should institute an unconditional basic income for all citizens. This would aim to improve the choice between work and leisure. Critics say this would be a disincentive to work. That is precisely its merit in a society which should be working less and enjoying life more." Maybe this sounds extreme, but in the past democracies passed laws to restrict child labor and limit the length of the workday, and instituted unconditional basic income for all [senior] citizens. The end of the age of consumption and the decreasing need for labor are intertwined, and we have just begun to come to grips with this. I have read this and wonder exactly how this will work completely socialized. Complete disruption the guy who works 14 hours a day and can't find time for a vacation and the guy who just collects checks and is bored to death. New courses given on how to amuse oneself how to avoid political calamities and heated discussions that lead to war. From Roman tubs to Roman arena's the price of boredom. Very frightening thoughts.

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