Mastodawn

Reading rec:
"Political Aspects of Full Employment"
Intriguing 1943 essay by Michał Kalecki
https://mronline.org/2010/05/22/political-aspects-of-full-employment/

Reasons of business opposition to full employment:
It would eliminate business political power
1) over government, which is forced to maintain "business confidence" to avoid slumps, and
2) over workers, for whom the threat of unemployment serves as disciplining device.

What if #basicincome or #jobguarantee would blunt these threats?

Political Aspects of Full Employment - MR Online

This essay was first published in Political Quarterly in 1943; it is reproduced here for non-profit educational purposes. A shorter version of this essay was published in The Last Phase in the Transformation of Capitalism (Monthly Review Press, 1972). I 1. A solid majority of economists is now of the opinion that, even in a

MR Online - A Monthly Review project providing daily news and analysis of capitalism, imperialism and inequality rooted in Marxian political economy

Chris Alemany🇺🇦🇨🇦🇪🇸1d ago

It is past time for a permanent basic income in Canada.

Now we have a country-level model, in an English speaking country, to start from.

#UBI #Canada #CanPoli #CdnPoli #BasicIncome #Poverty #Culture #Art #Depression #Anxiety #LiveableIncome
https://rgmii.org/blog/thousands-more-artists-join-irelands-basic-income-plan/

Thousands more artists join Ireland’s basic income plan

Thousands more artists will soon receive direct payments as part of Ireland’s Basic Income for the Arts plan, made permanent this year after a three-year pilot program was hailed as a massive success. “This is a gigantic step forward that other countries are not doing,” Ireland’s Culture

Rural Guaranteed Minimum Income Initiative • RGMII

Sherri W (SyntaxSeed)2d ago

Exciting #FinTech being built in #Canada!

This is #UBISandbox - an experimental project to simulate a UBI system with real users and virtual currency. Built by a small tech firm in #Ontario.

https://ubi-sandbox.com/

#Hackforge #YQG #Tech #Finance #UBI #BasicIncome

UBI Sandbox — A Universal Basic Income Experiment by PrismLabs.dev

UBI Sandbox is a social experiment that simulates a universal basic income economy with simple rules. Every user starts with equal resources, transactions are taxed, and wealth is continuously redistributed to encourage activity and participation. The system is currently in development and launching soon.

Netopia.eu 2d ago

If AI really does take all the jobs, basic income sounds like the obvious answer.
But who pays? Who qualifies? And what happens to prices when everyone gets the same cheque?
www.netopia.eu/basic-income...

#AI #BasicIncome #UBI #FutureOfWork #TechPolicy

Basic Income Revisited - Netop...

Basic Income Revisited - Netopia

How should we pay the bills after AI kills all jobs? Perhaps some kind of basic income? This question – however absurd – keeps popping up. Netopia covered it first time twelve years ago, but let’s look at it again. First, let’s accept for a moment that the assumption that jobs will go away is […]

Netopia

Hermetic Library 5d ago

Hello there! Thanks for following Hermetic Library here, or however you see this post … Howdy!

Mainly I post links to my site and blog.

https://hermetic.com
https://library.hrmtc.com

If you've enjoyed anything I post, I bet you'd like other stuff too. Come check things out!

#introduction

You can find all the other places where I am on the main and contact pages of the library or the sidebar of the blog. Do visit the library site and blog directly. You could also use an RSS reader and follow along that way! (A variety of RSS feeds are listed on the contact page at the library.)

Here's some links to other various thoughts I've had over the years about ways you might actively participate. If you're drawn to any of these, or if you have any other ideas not mentioned, let me know!

https://hermetic.com/participate/
https://iso.hrmtc.com/
https://help.hrmtc.com/

#iso #help

Join the erudite and beatific few who help make everything I do happen for everyone else! Please consider becoming a Patron to help keep the library, cats, and me going, with even just $1/mo in the tip jar.

https://hermetic.com/patron/

#MutualAid #BasicIncome

Show thread

Hermetic Library 5d ago

Join the erudite and beatific few who help make everything I do happen for everyone else! Please consider becoming a Patron to help keep the library, cats, and me going, with even just $1/mo in the tip jar.

https://hermetic.com/patron/

#MutualAid #BasicIncome

Show thread

Francis Mangion (M)5d ago

#RepublicOfIreland #BasicIncome #pilot_scheme

Wallet Sum: Simple Finance Jun 18

Ireland gives artists €325/week.
And gets back 4 times that

Ireland has made its basic income pilot for artists a permanent policy after measuring economic benefits 4 times the investment

#costofliving #ireland #basicincome

Simon Brooke Jun 18

Suppose a government created a new fiat currency paid only as a universal #BasicIncome to all residents, and levied highly progressive taxes on property which must be paid in this new currency.

Would this work to redistribute wealth, or would it merely drive up rents?

Hermetic Library Jun 15

Hello there! Thanks for following Hermetic Library here, or however you see this post … Howdy!

Mainly I post links to my site and blog.

https://hermetic.com
https://library.hrmtc.com

If you've enjoyed anything I post, I bet you'd like other stuff too. Come check things out!

#introduction

You can find all the other places where I am on the main and contact pages of the library or the sidebar of the blog. Do visit the library site and blog directly. You could also use an RSS reader and follow along that way! (A variety of RSS feeds are listed on the contact page at the library.)

Here's some links to other various thoughts I've had over the years about ways you might actively participate. If you're drawn to any of these, or if you have any other ideas not mentioned, let me know!

https://hermetic.com/participate/
https://iso.hrmtc.com/
https://help.hrmtc.com/

#iso #help

Join the erudite and beatific few who help make everything I do happen for everyone else! Please consider becoming a Patron to help keep the library, cats, and me going, with even just $1/mo in the tip jar.

https://hermetic.com/patron/

#MutualAid #BasicIncome