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Economy and currency: Money as a tool for the people, not the bankers' property
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Alan Watts on Socially Responsible Automation and an Unconditional Basic Income Guarantee

It's like he knew what the main problems of work-cultist capitalism and its socially irresponsible job automation were going to be before the whole mess even got started.

This video is a piece selected from watercourseway1's longer version called "Alan Watts - Money and Guilt"

Sepp Hasslberger's insight:

A very cogent argument by Alan Watts on why, when automation takes over much of production, we need to make sure that people will be able to buy what's produced...

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Why Free Money Beats Bullshit Jobs

Why Free Money Beats Bullshit Jobs | Money News | Scoop.it

The universal basic income is an idea whose time has comeAnd, slowly but surely, it is converting members of the tech elite. 

 

It’s a radical idea: everyone should get an unconditional, monthly allowance, whether you’re rich or poor, old or young, overworked or out of work. An allowance that should be enough to live on, and how you spend it is up to you. The only condition, as such, it that you have a pulse. 

 

The influential startup fund Y Combinator is already rolling out a study on basic income. Netscape founder Marc Andreessen calls it “a very interesting idea.” And Business for Basic Income offers a brand-new web platform where business owners worldwide can express their support for the idea...

Sepp Hasslberger's insight:

Eliminate the bullshit jobs and we'll finally get some real, useful work done...

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