tag:blogger.com,1999:blog-36028082.post4079386975297049221..comments2024-03-22T19:52:46.571+00:00Comments on SOCIALISM OR YOUR MONEY BACK: Thomas More and the Abolition of MoneyPoetry Coalshedhttp://www.blogger.com/profile/05514953133244910986noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-36028082.post-79231606132943191492015-01-31T11:03:02.029+00:002015-01-31T11:03:02.029+00:00Basic income is very likely to be a future tool fo...Basic income is very likely to be a future tool for containing class insurgency. As inequality soars and becomes clearer and the people have a limited access to the means of enjoyment, they become more susceptible to ideas of social justice and radical change, which might threaten the status quo. Therefore, it becomes necessary to institute measures and laws which guarantee their access to basic rights, without disrupting the structures of power. People might not have gotten a virtuous and ethical share out of the world's wealth, but they have received enough to be wary of left-wing political movements which seek complete abolition of the current economic system.<br />In terms of strategy, basic income can be an useful device of maintenance of capitalism. Even liberal economists, like Hayek for example, supported such idea, which implies that it isn't a costly legislation for the system. And it's going to be even more useful as jobs are being constantly automated. Anonymousnoreply@blogger.com