It’s social democracy. It’s a slight socialism under a capitalist umbrella where social services are untouched by capitalism. All of Europe operates this way.
I think we’re only recently getting to a level of technology that we need less human workforce and can still prosper when inevitably some choose not to work.
I kind of agree, but has this ever been done successfully? It seems to me at some point you disincentivize work to the point it all collapses
deleted by creator
Right. Examples?
deleted by creator
It’s social democracy. It’s a slight socialism under a capitalist umbrella where social services are untouched by capitalism. All of Europe operates this way.
It’s a fair question. The first universal basic income experiments have just begun in the last few years. Based on this article there’s been a little success at least.
https://globalaffairs.org/bluemarble/multiple-countries-have-tested-universal-basic-income-and-it-works
I think we’re only recently getting to a level of technology that we need less human workforce and can still prosper when inevitably some choose not to work.