Re:Percentage of Young Americans Living with Parents Rises t...
by jquery on Thursday December 22, 2016 @12:49AM
(#13235165)
There is work to do, though. Doctors, lawyers, engineering, etc. Lots of work for skilled labor. You can't just "turn on more machines" to placate unemployed unskilled labor.
Re:Percentage of Young Americans Living with Parents Rises t...
by astronautjones on Thursday December 22, 2016 @02:11AM
(#13235492)
What if the majority of people can't afford doctors or lawyers?
Re:Percentage of Young Americans Living with Parents Rises t...
by jiaweihli on Thursday December 22, 2016 @02:35AM
(#13235595)
Then many of the doctors/lawyers burdened with extreme student debt and unable to find work will put pressure on the insurance companies and ultimately charge lower prices. That's likely decades out though.
Re:Percentage of Young Americans Living with Parents Rises t...
by praptak on Thursday December 22, 2016 @02:24AM
(#13235538)
The machines have owners. How do you make them give away whatever they produce?
Re:Percentage of Young Americans Living with Parents Rises t...
by ArkyBeagle on Thursday December 22, 2016 @02:52AM
(#13235677)
They may have to. If there is no money to buy these things, then they'll be back living at home, too.
Re:Percentage of Young Americans Living with Parents Rises t...
by pdimitar on Thursday December 22, 2016 @07:13AM
(#13236729)
Don't be naive. Governments and corporations will just devise laws that you HAVE TO buy these goods. How do you muster the money is, and always will be, your problem.
They'll find a way to make money, don't you worry about that at all. They'll sooner make you owe money by the mere fact you're born than to give up.
Re:Percentage of Young Americans Living with Parents Rises t...
by beachstartup on Thursday December 22, 2016 @02:28AM
(#13235555)
through legislation, i.e. the recent push toward universal basic income.
personally i think in today's world in which 0.1% owns pretty much everything or at least controls ownership of everything, it's an unavoidable eventuality, but it's not going to be an easy process of getting there.
(meanwhile lots of the US runs on cheap labor)