Re:A Basic Income Should Be the Next Big Thing
by TheCoelacanth on Tuesday May 03, 2016 @10:03AM
(#11620729)
More money for consumers -> more money that can be earned by businesses -> more incentive to come up with innovative things for people to spend money on
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Re:A Basic Income Should Be the Next Big Thing
by yummyfajitas on Tuesday May 03, 2016 @10:23AM
(#11620936)
Forget about money - that's a red herring which is confusing you.
Humans are needed to actually invent those innovative things. But in the BI world, we have fewer humans actually devoting their time to this. (See simple arithmetic above.)
How many potential innovators and inventors are currently slaving away at menial jobs instead of pursuing their passions? The idea that innovation is driven purely by investment is an oversimplification.
Re:A Basic Income Should Be the Next Big Thing
by yummyfajitas on Tuesday May 03, 2016 @02:41PM
(#11623147)
Innovation is not driven by humans devoting time and effort to figuring out how to do things better? What do you think innovation is driven by?
Re:A Basic Income Should Be the Next Big Thing
by aninhumer on Tuesday May 03, 2016 @08:36PM
(#11625361)
Yes, but "humans devoting time and effort" is not the same thing as "rich people investing money".
Certainly the latter can enable the former, but the point made above is that Basic Income can do that as well.