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Here's your new mantra, UBI fans: Fuck work
Economists believe in full employment. Americans think that work builds character. But what if jobs aren’t working anymore?
Here's a mild rebuke of this utter nonsense: http://tomwoods.com/ep-934-time-for-peo ... out-a-job/Work means everything to us Americans. For centuries – since, say, 1650 – we’ve believed that it builds character (punctuality, initiative, honesty, self-discipline, and so forth). We’ve also believed that the market in labour, where we go to find work, has been relatively efficient in allocating opportunities and incomes. And we’ve believed that, even if it sucks, a job gives meaning, purpose and structure to our everyday lives – at any rate, we’re pretty sure that it gets us out of bed, pays the bills, makes us feel responsible, and keeps us away from daytime TV.
These beliefs are no longer plausible. In fact, they’ve become ridiculous, because there’s not enough work to go around, and what there is of it won’t pay the bills – unless of course you’ve landed a job as a drug dealer or a Wall Street banker, becoming a gangster either way.
A Rutgers professor suggests it’s time we dropped our emphasis on jobs and work — many jobs are highly undesirable, and with automation the number of jobs is going to fall substantially anyway. And what’s so great about work? Think of the creativity that would emerge if we didn’t have to do them.
Peter Klein and I go through his article and respond.