Nationalizing part of the stock exchange can balance the economy

a reply to: toysforadults

Experience dude also most can't do the job I do.
The dropout rate is for every 10 we employ every month 7 don't last and the other 3 tend to leave after a few months...many can't take the beatings we get.
Gotta have a certain mindset.
But I do see a massive increase in looking after the elderly because in ten or so years there will be many more to look after.

originally posted by: schuyler

originally posted by: IgnoranceIsntBlisss
a reply to: schuyler

If 'all' the jobs are permanently replaced by non-humans, and we're not allowed to suggest the top percenters getting any kind of special tax or annual profit cap, because 'that's communist', well then how is The Future supposed to work?

ALL the jobs replaced by non-humans??? So how is government intervention by taking over companies going to prevent this again? First of all, ALL jobs being taken over by no-humans is about as likely as Jesus coming again. Secondly, government as savior instead is laughable and a prescription for disaster.

I said " 'all' " not " ALL ".

What percentage of those retail jobs gone for ever (with an onward climb towards 99% behind it) to cause total havoc on jobs & wealth?

Now factor the same trend in just about every other jobs market out there (including construction).

a reply to: schuyler

Government fricks up everything they touch. Have you not realized that by now?

originally posted by: toysforadults
a reply to: intrptr

www.msn.com...

you mean like this? they go to the government for my money and the government gives it to them without my consent

but it's wrong if I expect something in return for this exchange?

Thats different. Tax payers aren't footing the bill for those unsold cars. Thats the manufacturers burden. Unlike all the tanks, jeeps and aircraft shipped to Vietnam in the waning days before Saigon fell.

Which should provide us with a clue why wars are fought in the first place; To make money for the Industrial Military Complex, as much as possible , even to the bitter end.

At the end of WWII hundreds of brand new fighter aircraft were flown into the desert and scrapped and the taxpayer paid for the planes and demolition.

a reply to: toysforadults

You actually trust the people in DC to actually be good stewards of the pile of money that would create ? Who would pay the individuals who currently own the stock or do they just become instant losers ?

We have a problem with DC handling the money they already receive through corporate and individual taxation. We are facing problems in our future, a better way to deal with the future automation issues will be to tax robots and other automation equipment.

This is going down anyway as soon as the politicians figure out that they will lose payroll taxes, individual taxes, and FFIC. They will move towards a Universal Income as a solution but the only people that will ever have anything will be the politicians, after all they will argue, they cannot be replaced with any AI so they will deserve more than regular citizens

a reply to: DJMSN

Has anyone thought that the answer may be A.I?.
If we get real A.I it could run economies,make and design new robots to recycle all our waste,make everything we need and help us get to the stars.
But do we do it? so many questions which we will have to find the answers soon enough.

But we do have another option.
Remember the luddites?.

The amount of economic naivete in this thread is simply staggering. To think you are willing to let the government step in and literally take over private industry because of the threat of further automation (the THREAT, mind you--not the reality) is ludicrous. Robots, therefore full-on socialism. Climate change, therefore full-on socialism. [Something bad goes here] therefore full-on socialism. You guys would give up your freedom for any threat at all. If you want to truly be a slave, just turn over your life to the all powerful government THEY'LL save you!

a reply to: schuyler

To think you are willing to let the government step in and literally take over private industry because of the threat of further automation

who said that?

a reply to: testingtesting

Perhaps...but during the transition it's going to be a rough period. Jobs will disappear and people will suffer until it all catches up. Will not be a period of comfort for most, and this includes the global community.

originally posted by: toysforadults
a reply to: schuyler

To think you are willing to let the government step in and literally take over private industry because of the threat of further automation

who said that?

You've at least implied it with your responses of "you don't know what kind of automation is coming".

originally posted by: toysforadults
a reply to: projectvxn

take what from who?

did you not read the thread?

Apparently you didn't read your own OP. Words mean things.

originally posted by: IgnoranceIsntBlisss
Imagine no more driver jobs... and then no more retail jobs.... and then no more ______ jobs..... and then...... and....... a........ ..........

Sounds like there is a song in there somewhere
Oops already done
"Imagine" - John Lennon

a reply to: toysforadults

What should be done is to tax either stock purchases or stock sales.

This would tend to drive speculators out of the market thereby stablising the share market.

It would raise huge amounts of tax because corporations and rich would not be able to avoid the tax and would therefore pay their fair share of tax.

originally posted by: Wardaddy454

originally posted by: toysforadults
a reply to: schuyler

To think you are willing to let the government step in and literally take over private industry because of the threat of further automation

who said that?

You've at least implied it with your responses of "you don't know what kind of automation is coming".

implied what I don't get it?

can you show me where this implied and explain exactly how?

originally posted by: toysforadults
If your company goes public the people automatically purchase 30% of the company.

And what if I don't want to own 30% of something because I think it is a s*** idea or venture?

a reply to: AugustusMasonicus

Maybe you can be given a share and chose to manage your investment accordingly???

Enable autonomy by creating a capital fund that you can manage if you want.

I'm sure you have your own ideas. You are already subsidizing a lot of industry anyway so why wouldn't you want something in return?

originally posted by: toysforadults
Maybe you can be given a share and chose to manage your investment accordingly???

You just don't create shares out of thin air, additional created shares dilute the value of existing shares and I don't want devalued crap on my investment portfolio. The government should not be in the business of picking winners and losers.

Hell, the government shouldn't really be in ANY business.

a reply to: AugustusMasonicus

No it shouldn't.

Since you are arguing for the continuation of our current economic paradigm do you think everything is working just fine or do think we need to make changes?

originally posted by: toysforadults
Since you are arguing for the continuation of our current economic paradigm do you think everything is working just fine or do think we need to make changes?

In the context of your Luddite-like paranoia about automation from the Original Post I don't think there is an issue.

As Schuyler pointed out every single time there has been a technological revolution where people feared for the future it has always been a benefit to society and people learned new skills and/or professions if they wanted to work.