You’ve got a couple options when it comes to turning a profit:
- Underpay workers
- Overvalue the product
- Both
Modern capitalism does both (alongside a subset of the middle class that gets dramatically overpaid, such as programmers, and gratuitous expenditures such as salary bonuses). Whichever way you slice it, though, you get inflation and increasing inequality.
Yep! Once “everyone can code,” owners can finally do what they’ve always wanted to do: underpay programmers. https://switter.at/web/statuses/101868999452217767
@amydentata
I wonder what it will look like.
I think it will have to start at large scale, instead of a small scale system shoddily scaled up.
@diffractie I dunno, I think a truly “ecosystemic” economy could quite readily start small and scale up. We just haven’t figured it out yet, and/or capitalism keeps squashing it. Maybe we just need to weaken capitalism first
@diffractie I’m slowly beginning to see UBI as a population wide poverty trap. I used to be all for it but I am increasingly skeptical.
@diffractie I think what we might have to do is, starting small, create alternate systems that make capitalism irrelevant. So people can like, wean themselves off of a capitalist-produced lifestyle.