Posts tagged living wage

Three trends that will create demand for an Unconditional Basic Income

Simulacrum, economics, living wage, basic income, Unconditional Basic Income

The digitization of our economy will bring with it a new generation of radical economic ideologies, of which Bitcoin is arguably the first. For those with assets, technological savvy, and a sense of adventure, the state is the enemy and a cryptographic currency is the solution. But for those more focused on the decline of the middle classes, the collapse of the entry-level jobs market, and the rise of free culture, the state is an ally, and the solution might look something like an unconditional basic income. Before I explain why this concept is going to be creeping into the political debate across the developed world, let me spell out how a system like this would look

http://simulacrum.cc/2013/07/10/three-trends-that-push-us-towards-an-unconditional-basic-income/