I wrote:
> That would be a fascist solution to a problem that easily be solved by > capitalistic methods. > Okay not exactly capitalistic by present-day standards. I mean handing out money to everyone. Capitalism and socialism are both economic systems predicated on the exchange of human labor for goods and services. With advanced robots, human labor will be worth nothing, so we we must devise an economy based on something else. It is easy to imagine other systems that preserve freedom and that impose no special burden on anyone. My favorite idea is what is proposed in this discussion: let us hand out money to everyone, no strings attached, for nothing in return. Why not? If robots produce the wealth, why no not just hand it out? It seems like a no-brainer to me. Wealthy people will yell that they are being unfairly treated under this system. As a wealthy person myself, let me suggest we should not listen to what wealthy people say about money. It is like listening to diet advice from fat people. - Jed
