Even fools and horses should think twice about working in finance capitalism:Under Capitalism, "only fools and horses should Have to work"It is difficult to imagine subsistence without work, yet that is what a universal basic income would mean to all citizens. If such a policy replaced the current hodgepodge of minimum wage laws, earned income tax credits, food stamps, housing assistance and all the rest of our current welfare state, all sorts of doors might open to replace traditional wage labor. If that sounds like paying people not to work, automation has already set that motion in progress.Now if only that other poster who continually goes on about it would understand that and explain how it relates to the MW. You see, he's not honestly talking about employment, he's trying to include those who can work but choose not to with those who would work but cannot. His goal is a guaranteed universal income simply for existing, and he's employing verbal gymnastics to do it
Minimum Wages vs. Universal Basic Income | HuffPost
Wouldn’t Unconditional Basic Income Just Cause Massive Inflation?
Financial Capitalism v. Industrial Capitalism | Michael Hudson
"In America, emperors of finance and the real estate kings they enthroned were gaining the upper hand over captains of industry. Thorstein Veblen analyzed how pecuniary relations – its financial and monetary structure – distorted the economic system away from how it would be run rationally by engineers. In Germany, whose banking and industrial structures had become more closely integrated than was the case either in England or the United States, the socialist Rudolf Hilferding coined the term ‘finance capitalism’ in 1910."