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Phoenix5869 OP t1_je5tes8 wrote

Before i answer, i just want to thank you for actually taking the time to try and present an argument. That’s more than i can say about the other responses.

>Why? Further, how? You just said 'no one is working', so who is going to be buying these products?

Because landlords, companies, the government etc are not just going to give away everything for free just because all jobs are automated. There will still be demand, for example, for MTG cards. Wizards / Hasbro is not just going to stop selling them just because no one is working. UBI is a common theme on this sub and others, and i agree that it will be nessecary once jobs start being automated, otherwise how else will people get money? If everyone recieves, lets say $1250 a month on average, landlords still have a mortgage to pay and aren’t just going to say “i guess you can stop paying rent now”. They are going to see that their tenants have the ability to pay and if anything increase rent prices If UBI results in the tenants having more disposable income.

>Do you feel that people will still be able to acquire new products without being paid for labor?

yes, because as i said earlier, UBI will have to be in place (to stop mass homelessness and starvation, if not the collapse of the economy).

>If 'bills need to be paid', fine, paid by whom?

by those that live in houses. Again, landlords aren’t going to allow tenants to live for free because there are no jobs.

>If money exists as a means of exchange then surely that money/value must be created, how?

how its always been created, by the government printing money and people receiving money, in this case with UBI.

>Do you feel as though innovation would simply cease if people stopped being paid for it?

yes. Profit incentivises innovation. for example, there would be no new drugs if it wasn’t for pharma companies making a profit from said drugs.

>The question game can go both ways and I don't see how any answers you'd be able to provide would be any less disastrous than an attempt to transition away from a growth/capitalist economic paradigm. Your failure of imagination doesn't change the underlying fatal flaws building in capitalism, namely AGI, environmental degradation, a post-fossil fuel energy economy and a globally shrinking population.

i don‘t see any other alternative. Communism and socialism have been tried and don’t work. Feudalism obviously doesn’t work. businesses need to exist, a planned / government economy also doesn’t work.

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