Sections taken from the entire article.
The radical notion that governments should hand out free money to everyone — rich and poor, those who work and those who don't — is slowly but surely gaining ground in Europe. Yes, you read that right: a guaranteed monthly living allowance, no strings attached.
In France, two of the seven candidates vying to represent the ruling Socialist Party in this year's presidential election are promising modest but regular stipends to all French adults. A limited test is already underway in Finland, with other experiments planned elsewhere, including in the United States.
Called "universal income" by some, "universal basic income" or just "basic income" by others, the idea has been floated in various guises since at least the mid-19th century. After decades on the fringes of intellectual debate, it became more mainstream in 2016, with Switzerland holding a referendum — and overwhelmingly rejecting — a proposed basic income of around $2,500 per month.
Part of the cost could be financed by taxing goods and services produced by automated systems and machines, he says. Opponents argue that doing so would simply prompt companies to move robots elsewhere, out of reach of French tax collectors.
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Currency was a convenient mechanism to purchase a good without taking an elephant in trade for a giraffe. I believe we world have to be very careful we do not misuse currency as if we do goods can not have a proper value.
Perhaps this is Marxism. If robots are taxed then perhaps corporate savings must be questioned. If we think of man as an obsolete method of labor then we must think of how necessity equates to creativity. |
