Socialism

Early retirements, indefinite pensions, and disability fraud represent the future of tacit socialism

No longer can socialism be married to welfare, which for decades was a dog whistle for welfare queens. As Trump's ascendancy makes clear, social programs are now everybody's business. The next step, then, is to de-politicize it with Basic Income. We have to get rid of our guilt about relying on machines to give us food, clothing, and shelter for life at the cost of about 1 month of human labor.

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Early retirements, indefinite pensions, disability fraud, creative class passive income, and middle-class trust funds

All of this represents the culmination of unceasing GDP growth, and we can't withhold sharing the benefits that much longer.

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Maybe we're approaching the limits of capitalism

The friction costs of capitalism are so high now, that more capitalism may do more harm than good. Communism's problem was that it was inefficient, but if the efficiency problem could have been solved, without corruption (or maybe with it, still), then was there really a problem with communism? We may be seeing that answer in China. It appears capitalism's final argument was that it preserved innovation. What if innovation isn't sacrificed in a different system? There are too many moving parts in the complex goods and services we demand, such as health care, that Adam Smith's invisible hands get too tied up maximizing their individual gain, that the whole embrace weakens.

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Socialism and capitalism are both straw men that the media and the masses flog back-and-forth to keep them distracted from real solutions

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What will we do with Basic Income? We'll play games, we'll improve ourselves, and we'll build community

Not to survive, but to thrive.