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Universal basic income and the threat to democracy as we know it / Peter Nelson.

By: Material type: TextTextSeries: Economics collectionPublisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, [(c)2018.]Edition: First editionDescription: 1 online resource (135 pages)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781948198653
Subject(s): Genre/Form: Additional physical formats: Print version:: No titleLOC classification:
  • HC79.I5
Online resources: Available additional physical forms:
Contents:
1. Introduction -- 2. The future of employment -- 3. Progression of disappearing jobs -- 4. Prospects for new jobs -- 5. Climate change -- 6. Universal or unconditional basic income -- 7. Benefits of a UBI -- 8. Shortcomings of a UBI -- 9. Gender divide -- 10. What will need to change -- 11. Funding -- 12. Legal framework -- 13. What people do without jobs -- 14. Structural fluidity -- 15. Democracy as it is understood --16. The other side of democracy -- 17. Evolving political framework -- 18. Adjusting to change -- 19. Military intervention -- 20. Time frame -- 21. Will democracy survive? -- 22. What can be done for democracy to survive -- 23. Remaining questions -- About the author -- Index.
Abstract: Some of the greatest minds of the century have predicted that, up to at least 80 percent, if not more, of the world's workforce will be replaced by computers or artificial intelligence, the only uncertainty is about the time frame. The average prediction on timing of losses appears to be about 30 years, but many believe it will be sooner. No matter the exact period, the impact on our planet will eventually be enormous because governments will still need to find a way to provide the unemployed with money on which to live and a Universal Basic Income, a UBI, or something like it, is proposed to be paid to everyone without means test. That solution might appear well in theory, but the large numbers of unemployed will not want to be marginalized and will demand over time that the UBI be increased. Following human nature, under a democratic system as we know it, supposedly based on one person one vote, people will vote for whoever gives them more, and more, until the economic system breaks down unable to afford the payments. The question is whether democracy will survive the challenge or whether we finish with a benign group of bureaucrats at the top who decide what is in the best interests of the majority and the rest of the global population just accept it.
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Item type Current library Collection Call number URL Status Date due Barcode
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) G. Allen Fleece Library ONLINE HC79.I5 (Browse shelf(Opens below)) Link to resource Available BEP9781948198653
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) G. Allen Fleece Library Non-fiction HC79.I5 (Browse shelf(Opens below)) Link to resource Available 9781948198653

Includes bibliographies and index.

1. Introduction -- 2. The future of employment -- 3. Progression of disappearing jobs -- 4. Prospects for new jobs -- 5. Climate change -- 6. Universal or unconditional basic income -- 7. Benefits of a UBI -- 8. Shortcomings of a UBI -- 9. Gender divide -- 10. What will need to change -- 11. Funding -- 12. Legal framework -- 13. What people do without jobs -- 14. Structural fluidity -- 15. Democracy as it is understood --16. The other side of democracy -- 17. Evolving political framework -- 18. Adjusting to change -- 19. Military intervention -- 20. Time frame -- 21. Will democracy survive? -- 22. What can be done for democracy to survive -- 23. Remaining questions -- About the author -- Index.

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Some of the greatest minds of the century have predicted that, up to at least 80 percent, if not more, of the world's workforce will be replaced by computers or artificial intelligence, the only uncertainty is about the time frame. The average prediction on timing of losses appears to be about 30 years, but many believe it will be sooner. No matter the exact period, the impact on our planet will eventually be enormous because governments will still need to find a way to provide the unemployed with money on which to live and a Universal Basic Income, a UBI, or something like it, is proposed to be paid to everyone without means test. That solution might appear well in theory, but the large numbers of unemployed will not want to be marginalized and will demand over time that the UBI be increased. Following human nature, under a democratic system as we know it, supposedly based on one person one vote, people will vote for whoever gives them more, and more, until the economic system breaks down unable to afford the payments. The question is whether democracy will survive the challenge or whether we finish with a benign group of bureaucrats at the top who decide what is in the best interests of the majority and the rest of the global population just accept it.

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