An aggrieved billionaire this week lamented that workers had grown lazy and "arrogant" during the coronavirus pandemic and that many of them needed to be made unemployed for the situation to improve.The Australian Financial Review reports that Tim Gurner, the founder and CEO of the Gurner Group, exp...
Where would UBI come from if nobody is working?
Automated production.
It is easier to see the extinction of humanity than the end of capitalism. But if we cannot imagine the end of capitalism we will see the extinction of humanity.
Eventually, though (as Sophie From Mars speculates) the population will be reduced to where the USD and EU are meaningless, and the remaining bands act more like mutual aid.
The question is if humanity has been reduced by then to tens of millions, or thousands.