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300 points pseudolus | 2 comments | | HN request time: 0.573s | source
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BrenBarn ◴[] No.44410806[source]
> I heard one answer more than any other: the government should introduce universal basic income. This would indeed afford artists the security to create art, but it’s also extremely fanciful.

Until we start viewing "fanciful" ideas as realistic, our problems will persist. This article is another in the long series of observations of seemingly distinct problems which are actually facets of a larger problem, namely that overall economic inequality is way too high. It's not just that musicians, or actors, or grocery store baggers, or taxi drivers, or whatever, can't make a living, it's that the set of things you can do to make a living is narrowing more and more. Broad-based solutions like basic income, wealth taxes, breaking up large market players, etc., will do far more for us than attempting piecemeal tweaks to this or that industry.

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anovikov ◴[] No.44410867[source]
Only problem is that it requires totalitarian world government to do it. There is that thing called competition. Societies where people aren't pushed to work by fear of hunger, homelessness, and social exclusion, will very quickly lose out and fall apart. Perhaps this is why universal basic income doesn't exist. I mean, Soviet Union was very close to having it: there was no unemployment and if you were fine living on the base salary you could do nothing on your job and as long as you didn't come there drunk or disseminated anti-Soviet jokes, you'd be fine. See where it ended up.
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whatshisface ◴[] No.44410882[source]
Wouldn't that argument predict that the united states and most of Europe should collapse any second now? Countries where failure to find work leads to an actual threat of hunger are mostly very poor and corrupt developing nations.
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1. anovikov ◴[] No.44411039[source]
Indeed this is the big reason of why economic growth rates in rich countries and especially those of them with low inequality, is slower. Because the primary factor that pushes people to work, is much weaker. It's not the only reason (another big reason is that poorer countries are playing a catch-up adopting technology invented by rich ones which is always easier than inventing it first), but yes, one of the big reasons.
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2. simonask ◴[] No.44413688[source]
I don't think there is any evidence that people are motivated to work because of the threat of starvation.

The most economically productive nations on the planet are well outside any risk of starvation, by a huge margin. This line of thinking is not a part of serious economic theory, it just comes from an extremely primitive high school level understanding of economics.