Guaranteed Income as Quantitative Easing

[Tom Joad]

Originally Posted by whell

You realize that these statements are far more radical than anything Marx envisioned. At least he believed workers and work had virtue, even though he never worked all that hard himself.

Originally Posted by finnbow

You sound like Pol Pot.

Go big or go home, that's my motto.

I prefer to look at it as "thinking outside the box".

[Tom Joad]

This is one of the better articles I've read on the rationale for a guaranteed minimum income. Although she does propose funding it with taxes, while Don recommends quantitative easing which I think is a good idea too.

http://www.newslogue.com/debate/337/CaitlinJohnstone

[whell]

Originally Posted by Tom Joad

Go big or go home, that's my motto.

I prefer to look at it as "thinking outside the box".

Nah, I think you're still inside the box.

[Tom Joad]

Originally Posted by whell

Nah, I think you're still inside the box.

https://www.youtube.com/watch?v=LvwqK2gn3S0

[JCricket]

The difference between robotics and automation, as I understand it.

A robot is a machine that does multiple tasks. The generally require the "item" to be moved and repostioned while a task is performed on them. It can also be arms just doing tasks on the "item" - item being the production unit to be sold. These machines, at least all of the ones I have worked on and seen, are quite complex and run on computer programs.

Automation.

Take a machine that feeds a piece of cardboard into it. As the cardboard moves through the machine there are static steel rails. These rails force the cardboard to bend and thus form a box. There are no complex programs, no multiple moving parts acting on the cardboard. This is automation. AUtomation is by and far more common than actual robotics.

And yes, I will have to accept the common understanding of the term.

TJ, to answer so what? I guess accuracy means little to nothing to you. Thats what.


EDIT - to qualify further, I have been out of the work force force for over ten years, so yeah my data is likely skewed a little.

[Tom Joad]

Originally Posted by JCricket

TJ, to answer so what? I guess accuracy means little to nothing to you. Thats what.

You call it accuracy. I call it nit picking.

I'm looking at the big picture.

Human beings being replaced by machines.

[finnbow]

Originally Posted by Tom Joad

You call it accuracy. I call it nit picking.

I'm looking at the big picture.

Human beings being replaced by machines.

Since the industrial revolution, it has been thus. Good thing is that humans build machines. I like my horseless carriage, but it has put buggy whip manufacturers out of business.

[merrylander]

Originally Posted by Tom Joad

You call it accuracy. I call it nit picking.

I'm looking at the big picture.

Human beings being replaced by machines.

As Walter Reuther remarked to Henry Ford machines don't buy cars, or anything else for that matter.