Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-22 Thread Colin Stark
At 08:43 AM 2/21/98 -0800, Tom Walker wrote: We have the reasons, well documented. The hard question is do we have the will? I believe that we need not only the WILL but the MEANS. At the risk of repeating myself, I believe that the MEANS may well be Direct Democracy: "a system of

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-21 Thread Durant
In the "strongest" economy, even the cut-back benefit system creates enormous deficits for pubilic expenditure. So how do you envisage in our present economic structure a basic income? Eva One practical reason for a basic income. Maintain effective demand in the economy. Maintain purchasing

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-21 Thread Brad McCormick, Ed.D.
Durant wrote: In the "strongest" economy, even the cut-back benefit system creates enormous deficits for pubilic expenditure. So how do you envisage in our present economic structure a basic income? I wonder if we've seen any *strong economies* lately (except perhaps for Norway...). In

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-21 Thread Tom Walker
We have the reasons, well documented. The hard question is do we have the will? Regards, Tom Walker ^^^ Vancouver, B.C. [EMAIL PROTECTED] (604) 669-3286 ^^^ The TimeWork Web:

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-20 Thread Thomas Lunde
Tom Walker answered: I'd have a look at John Maurice Clark's writing on labour as an overheadcost (in his _Studies in the Economics of Overhead Costs_). Thejustification is that a wage system is no longer appropriate to the way thata modern economy works. The wage system is a form of

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-20 Thread Colin Stark
At 03:34 PM 2/20/98 -0500, Thomas Lunde wrote: Tom Walker answered: If I can try and paraphrase your answer, it would be that we should change because "a wage system is no longer appropriate to the way that a modern economy works." And because of this, the cost of providing a worker is borne by

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-20 Thread Arthur Cordell
One practical reason for a basic income. Maintain effective demand in the economy. Maintain purchasing power. Going to be hard to buy all that output without access to purchasing power. arthur cordell On Fri, 20 Feb 1998, Colin Stark wrote: At 03:34 PM 2/20/98 -0500, Thomas Lunde wrote:

Re: FW - some hard questions about a Basic Income 1 - Tom

1998-02-20 Thread Jim Dator
The last series of interchanges have been the main reason I joined (and have remained lurking) on Futurework. I just don't see that there are now enough needed jobs at sufficiently high wages to give everyone (at least in the post-industrial world) a living income. Many, perhaps most, people are