Wednesday 3 March 2021

{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (2) [continued (4)]}[23rd March 1990]

[Redbook7:100-101][19900323:2330c]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (2) [continued (4)]}[23rd March 1990]


.2330

[continued]


The Conservative [party] response would be to ask how production will be achieved if workers do not have to work.* But the difficulty will not be to get Men to work, but to get them to stop working. Such work as there is must be shared out:** a Man could earn another £20pw by working (say) a 6-hour shift once a week.


I am convinced that manufacturing production will keep as high as its former levels, or higher – the whole trend in manufacturing in the developed world as a whole has been to increase output and reduce employment, hence the stress on services (and the unemployment in many areas). In this scheme, as manufacturing productivity continues to rise, so the surplus*** will be distributed by Government as a higher basic State income for each Individual (and as better State housing, furniture etc.).


The industrialists can still make their profits: quite possibly, bigger profits from a smaller employee base. Competition and incentive can still run production efficiently.



*[Artificial-intelligence-powered robotics – see [Redbook7:95][19900321:1016g]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (1) [continued (7)]}[21st March 1990], fn=#]


**[Among those who are both capable and willing in relation to work generally and any particular job; see [Redbook7:96-97][19900321:1016i]{Financing a C[ircles] A[nalysis &] S[ynthesis] Utopia (1) [continued (9)]}[21st March 1990]]


***[Presumably, that part taken in taxation, leaving (as now) enough profit to allow incentive]





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