{"id":314,"date":"2016-11-17T21:32:13","date_gmt":"2016-11-17T21:32:13","guid":{"rendered":"http:\/\/ifmbanm.com\/blog\/?p=314"},"modified":"2016-11-17T21:32:13","modified_gmt":"2016-11-17T21:32:13","slug":"314","status":"publish","type":"post","link":"https:\/\/ifmbanm.com\/blog\/?p=314","title":{"rendered":""},"content":{"rendered":"<p>Thinking more about the automa-pocalypse and how the money economy keeps working when there aren&#8217;t any jobs.  The Universal Basic Income that I saw a few years ago (see this blog \ud83d\ude42 is now the generally-accepted solution, but it hasn&#8217;t been really tried and has a number of flaws: it&#8217;s too expensive, it&#8217;s a moral hazard.<\/p>\n<p>So, thinking some more.  I proposed the idea of everyone &#8220;on salary&#8221; before.  Now, I&#8217;m thinking: everyone becomes a profit-sharer or stockholder.  The corporations generate piles of income on high margin automation, people are laid off in droves but given a pile of stock as severance.  Everyone starts living off the fat, not just the 1%.<\/p>\n<p>This has got to appeal to the average capitalist, right?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thinking more about the automa-pocalypse and how the money economy keeps working when there aren&#8217;t any jobs. The Universal Basic Income that I saw a few years ago (see this blog \ud83d\ude42 is now the generally-accepted solution, but it hasn&#8217;t been really tried and has a number of flaws: it&#8217;s too expensive, it&#8217;s a moral [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/314"}],"collection":[{"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=314"}],"version-history":[{"count":0,"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/314\/revisions"}],"wp:attachment":[{"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifmbanm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}