Because a minimum wage has a loophole for "not employed at all", it isn't good enough. A Basic Income has no such loophole, and will allow poor people to reject awful jobs, forcing them to be automated.
Because a minimum wage has a loophole for "not employed at all", it isn't good enough. A Basic Income has no such loophole, and will allow poor people to reject awful jobs, forcing them to be automated.
For example, my goal is to have a nice house on 50-100 acres. I also really enjoy jet skiing and boating with my family - especially from a nice lakefront rental with a private dock.
I can't fathom how I would pursue those goals in a 'leisure society'... Or as a prole would I be expected to just accept my assigned housing, only use public transportation, and put my name in an annual lottery for one of the state run vacation compounds?
So suppose you were Elon Musk and you said, I want to build a colony on Mars, you'd probably be able to draw the interest of large delegating entities who would grant resource priority to the program so it could make rockets, and other entities would have projects that needed launching, and so forth.
Or compare a smaller project, if you were a marine biologist and you wanted to equip a boat and go study penguins, there would be some delegating entity that would care about penguins, and you'd get your boat.
Perhaps even if you just wanted a particularly beautiful house, you'd be able to draw enough aesthetes to your cause.
But if you were just a jerk who wanted a mansion, well, probably not.
[Edit: for clarity, you could conceptualize this system as something like crowdfunding, except global, recursively delegated, and directing resources directly instead of money.]
Sounds to me like if I wanted to buy a jet-ski in your world, I'd have to find a bunch of people to 'delegate' their 'surplus' to me. Perhaps I could perform some function for them in return? Say, that sounds a lot like labor... So I could work for money. Got it.
I think our current system is still better.
I agree with you. But I think its not about Basic Income, but the idea of Basic Utility/Survival where we can supply basic needs for free, via automation etc.
The exact same place they get it right now - they pull it out of thin air by fiat. (involving a quasi-government agency ("the fed") as a proxy is optional) Money hasn't been zero sum up since the gold standard.
Governments already define most aspects of money, and they can change it as needed, such as when Nixon declared that the dollar was no longer convertible to gold.