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How are people responsible for their choice of parents? Formal equality of opportunity depends on starting points like birth, genetics, and education all of which are beyond the control of anyone. You're confusing excuse with explanation.Oh, the excuse making argument. You've lost when you get to that. Based on what you say, some good for nothing will always have an excuse in order to blame his/her failures in life on someone or something else when, in reality, people are where they are in life based on choices they make.
How are people responsible for their choice of parents? Formal equality of opportunity depends on starting points like birth, genetics, and education all of which are beyond the control of anyone. You're confusing excuse with explanation.Oh, the excuse making argument. You've lost when you get to that. Based on what you say, some good for nothing will always have an excuse in order to blame his/her failures in life on someone or something else when, in reality, people are where they are in life based on choices they make.
Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
So you think they made their money by doing absolutely nothing?
I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
So you think they made their money by doing absolutely nothing?
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
Here's a novel idea. Do neither welfare nor this. If you see someone that needs help and you deem it's a worthwhile cause, provide them help. I'll do the same. I won't make the determination on your behalf if you don't make it on mine. That way all these people like georgephillip that claim they care about their fellow man and his needs will be able to prove their care to the level they say they care.
With my proposal, there is $0 per month spent. Imagine the savings and all the help those self proclaimed bleeding hearts would provide to those they claim to care about.
They get rich from indebting the productive economy by the "miracle of compound interest;" do you know the riddle of the lily pad?I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
So you think they made their money by doing absolutely nothing?
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
So they did do smoothing, just something you don't consider work, to earn it.
They get rich from indebting the productive economy by the "miracle of compound interest;" do you know the riddle of the lily pad?I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.The only way they're entitled to it is to earn it. If you're not willing to earn enough to support yourself, starve.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
So you think they made their money by doing absolutely nothing?
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
So they did do smoothing, just something you don't consider work, to earn it.
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 42)
"A lily pod is placed in a pond. Each day thereafter the pod and then all its descendants double. On the thirtieth day the pond is covered completely by lily pods, which can grow no more.” He then asks: 'On which day was the pond half full and half empty? The twenty-ninth day,' that is, one day before the half the pond’s lilies double for the final time, stifling its surface. The end to exponential growth thus comes quickly."
For the last five thousand years debt that compounds exponentially has been proven to swamp any productive economy.
That's the work Wall Street does today.
(Day 29)?
Or government could tax billionaires for the money it needs instead of borrowing from them?They get rich from indebting the productive economy by the "miracle of compound interest;" do you know the riddle of the lily pad?I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.
"Earn" is a key word.
Do you believe billionaires deserve their unearned income?
If not, are they entitled to it, or should it be taxed at higher rates and redistributed to those whose jobs have been outsourced and their homes repossessed by billionaires in pursuit of unearned income?
"The 1980 turning point in wealth and income distribution
"The great turning point occurred in 1980 after the victory of Margaret Thatcher’s Conservatives in Britain and Ronald Reagan in the United States.
"Progressive taxes were rolled back, public enterprises were privatized and debts soared – owed mainly to the wealthy.
"Interest rates have been driven down to historic lows – and after the crash of 2008 the aim of Quantitative Easing has been to re-inflate asset prices by reviving a Bubble Economy aiming mainly at 'capital' gains for wealth-holders.
"These trends have led wealth to soar and become concentrated in the hands of the top 1% and other wealthy families, first during the post-1980 bubble and even more during its post-2008 collapse."
Piketty vs. the Classical Economic Reformers | Michael Hudson
So you think they made their money by doing absolutely nothing?
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
So they did do smoothing, just something you don't consider work, to earn it.
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 42)
"A lily pod is placed in a pond. Each day thereafter the pod and then all its descendants double. On the thirtieth day the pond is covered completely by lily pods, which can grow no more.” He then asks: 'On which day was the pond half full and half empty? The twenty-ninth day,' that is, one day before the half the pond’s lilies double for the final time, stifling its surface. The end to exponential growth thus comes quickly."
For the last five thousand years debt that compounds exponentially has been proven to swamp any productive economy.
That's the work Wall Street does today.
(Day 29)?
If the government doesn't borrow money to use on programs for which it shouldn't be funding, problem solved.
Or government could tax billionaires for the money it needs instead of borrowing from them?They get rich from indebting the productive economy by the "miracle of compound interest;" do you know the riddle of the lily pad?I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.So you think they made their money by doing absolutely nothing?
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
So they did do smoothing, just something you don't consider work, to earn it.
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 42)
"A lily pod is placed in a pond. Each day thereafter the pod and then all its descendants double. On the thirtieth day the pond is covered completely by lily pods, which can grow no more.” He then asks: 'On which day was the pond half full and half empty? The twenty-ninth day,' that is, one day before the half the pond’s lilies double for the final time, stifling its surface. The end to exponential growth thus comes quickly."
For the last five thousand years debt that compounds exponentially has been proven to swamp any productive economy.
That's the work Wall Street does today.
(Day 29)?
If the government doesn't borrow money to use on programs for which it shouldn't be funding, problem solved.
Would you like a lifetime stipend for being born?
Consider moving to Oakland, California:
"IN BRIEF
"Y Combinator, a seed accelerator and startup incubator, plans to inaugurate a short-term 'universal basic income' experiment in Oakland, California; it’s a first step toward a larger, projected five-year study of the guaranteed cost-of-living salary.
"THE OAKLAND EXPERIMENT
"There’s been a lot of talk lately about “basic income”—the notion of a guaranteed financial disbursement to every human being simply for being alive.
"It’s an idea that has garnered a great deal of support in certain circles, for obvious reasons (free money); however, many see it as the natural progression of society…as the only viable way of dealing with issues like increased automation, poverty, etc.
"Indeed, many see in a universal basic income (UBI) an instrument of liberty, and an effective tool for combating the threats of social unrest, economic dislocation, and various other forms of civil strife that are often the corollaries of unemployment."
Universal Basic Income Hits the U.S—Citizens Will Get Paid Just For Being Born
If you believe the purpose of an economy is to provide goods and services, isn't it true the most efficient economy would be the one using the fewest workers?
I worked in a plating shop in Oakland during the one quarter I survived at Cal Berkeley. It was the dirtiest job I ever had but at least it was indoors. Years later, I also did a few days of hot tar roofing work in southern California. I'm glad I survived both employment experiences.Would you like a lifetime stipend for being born?
Consider moving to Oakland, California:
"IN BRIEF
"Y Combinator, a seed accelerator and startup incubator, plans to inaugurate a short-term 'universal basic income' experiment in Oakland, California; it’s a first step toward a larger, projected five-year study of the guaranteed cost-of-living salary.
"THE OAKLAND EXPERIMENT
"There’s been a lot of talk lately about “basic income”—the notion of a guaranteed financial disbursement to every human being simply for being alive.
"It’s an idea that has garnered a great deal of support in certain circles, for obvious reasons (free money); however, many see it as the natural progression of society…as the only viable way of dealing with issues like increased automation, poverty, etc.
"Indeed, many see in a universal basic income (UBI) an instrument of liberty, and an effective tool for combating the threats of social unrest, economic dislocation, and various other forms of civil strife that are often the corollaries of unemployment."
Universal Basic Income Hits the U.S—Citizens Will Get Paid Just For Being Born
If you believe the purpose of an economy is to provide goods and services, isn't it true the most efficient economy would be the one using the fewest workers?
I worked as a hot tar roofer in Oakland, Ca. for a short time after getting out of the service and the only white man. I got along good with the blacks and browns and both told me hot tar roofing is fucked up which I learned after the first day. Then I went on to find better jobs. Hot Tar roofing is a dirty job but someone has to do it.
Or government could tax billionaires for the money it needs instead of borrowing from them?They get rich from indebting the productive economy by the "miracle of compound interest;" do you know the riddle of the lily pad?I think a majority of FIRE sector billionaires (Finance, Insurance, Real Estate) have made their money by shipping millions of blue collar jobs to Mexico and China and by engaging in fraudulent lending practices that cost millions of Americans their pensions, homes, and life savings.
IMHO, the thousand pound gorilla that never gets mentioned when discussing debt levels today is "the miracle of compound interest."
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 36)
"J. P. Morgan and John D. Rockefeller are said to have called the principle of compound interest the Eighth Wonder of the World. For them it meant concentrating financial fortunes in the hands of an emerging oligarchy indebting the economy to itself at an exponential rate. This has been the key factor in polarizing the distribution of wealth and political power in societies that do not take steps to cope with this dynamic."
So they did do smoothing, just something you don't consider work, to earn it.
http://store.counterpunch.org/wp-content/uploads/2015/08/Killing-The-Host_PDF_V7.pdf (p. 42)
"A lily pod is placed in a pond. Each day thereafter the pod and then all its descendants double. On the thirtieth day the pond is covered completely by lily pods, which can grow no more.” He then asks: 'On which day was the pond half full and half empty? The twenty-ninth day,' that is, one day before the half the pond’s lilies double for the final time, stifling its surface. The end to exponential growth thus comes quickly."
For the last five thousand years debt that compounds exponentially has been proven to swamp any productive economy.
That's the work Wall Street does today.
(Day 29)?
If the government doesn't borrow money to use on programs for which it shouldn't be funding, problem solved.
The government isn't borrowing from those billionaires.
Every adult citizen will be entitled to receive basic income regardless of how much work they choose to perform.So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
It is possible human society is standing on the cusp of a Change whose magnitude was last seen at the dawn of the Industrial Revolution, when taxpayers began paying their states with their wage incomes instead of bushels of grain.
If so, humanity is going to be forces to separate subsistence from employment; the status quo will no longer suffice.
What part of automation confuses you the most?So what happens when all those who choose to live on your universal basic income decide that they deserve a $250,000 home to live in, a $5,000 a month endowment, free health services, free education, etc, etc, etc,,... and they still choose not to contribute or provide to the general good?
yeah, nevermind the 7 million people who decide to move to Oakland.This is the best plan. And cheapest. And yes everyone receives it. Even those who choose to work. $1000 a month. Cheaper than current welfare
