Beyond silly. Who would pay for basic income? Nobody?
Money Printer go BURRRRRRRRRRRR
Money printer maintain consumption of the "public" while making the numbers on the capitalist balance sheet ever bigger. If the nominal class of owner of balance sheet actually tries to use the suggested value, (hyper)inflation, default, etc will happen and thus financial crisis! However because physical capital remains no matter who bankrupts or whatever, for most functional polities they just pick themselves up and get sorted out after a bit, even if the kludge looks ugly.
There are of course, many ways to get stuff to work and the above is just one trick~
With varying efficiency, of course, but everyone should work. With the exception of pensions for the old and sick.
There is a growing demographic where they productive work is difficult to extract. New diagnostics of mental illness is growing in turn indeed: you can all be depressed, anxious, blah blah~ quite easily indeed.
The future is already here, just not evenly distributed.
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Some part of me wonder if the future of humanity is being professional out-raging "ethicists" (if you look at modern political campaigns, this is "useful")
Robots can do everything but have moral value!!!!!
www.bloomberg.com
