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Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

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Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Holy ****. Amazon is buying Whole Foods for $13.7 billion.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

They just built one a few miles south of me in Woodbury. This could be a game changer if they can get prices under control.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Conservative tantrum in five, four, three...

It has a long way to go, but Hawaii is now one step closer to adopting a full universal basic income for all its residents.

Basic income — a plan under which the government would regularly send everyone in a given country/state/city/etc. money just for being alive — has been gaining a significant amount of interest in recent years, with trials ongoing or set to start in Finland, Ontario, and Kenya. The Hawaii state legislature has unanimous passed a concurrent resolution which sets up a “basic economy security working group” tasked with considering the idea.

My estimate is UGBI will be US law within my lifetime. So, Congress, you're on the clock. You have roughly 30 years.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Man's worst nature. Why work if somebody is paying for the essentials?

For the reason rich people work, and people do creative or humanitarian work that doesn't pay well. For fulfillment. To give something back. In a word, to be a human being rather than a drudge and a serf.

The next step in society growing up will be to separate working or not working from normative judgments. In a world where prosperity is a universal condition, the enslavement of the poor to the rich will no longer be possible. And that makes people who were raised with our mindset as frightened as the people who were raised in a pre-democratic society were frightened of what universal political rights would mean.
 
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Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Great idea. I believe in Star Trek poverty on Earth was eliminated sometimes in the late 2100's after the 3rd World War/Nuclear Holocaust. :eek:

Problem is, every person who's ever had a lazy sibling or mooching uncle is going to say - "wait a minute, I'm paying for HIM???" Please consider how this will be exploited by our friends on the right to their benefit (electoral victories) and plan accordingly if this is to come to fruition.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Problem is, every person who's ever had a lazy sibling or mooching uncle is going to say - "wait a minute, I'm paying for HIM???" Please consider how this will be exploited by our friends on the right to their benefit (electoral victories) and plan accordingly if this is to come to fruition.

Which is why it will take thirty years. We're probably rich enough to do it right now. Nixon seriously considered doing it in 1970. But the mindset will have to change -- technology and the development of new philosophies renders old workviews obsolete, but it's not magic -- it takes time and mostly it takes the older generations dying off. Civilizations develop and change their people (and vice versa) over time. Until the 18th century slavery was just a "fact of life." Wage slavery now is the same, and in the future it will be regarded as just as ghastly.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Man's worst nature. Why work if somebody is paying for the essentials?

Meh, let them figure that out on their own. We just need to say "No" when they run out of other people's money and start looking for a bailout.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Either way... someone overpaid for Whole Foods again. Walked through a Whole Foods once, and quickly found out why it's called "Whole Paycheck."

I guarantee you that prices will change once Bezos takes over. It's not like the prices will drop in half, but they'll come down from current levels. Bezos prides himself, almost to a fault, on quantity of services and goods provided. He's done it by razor-thin margins on most things he sells. Whole Foods likely won't go to that extreme, based upon brand expectations, but they won't keep the same pricing structure as they have now.
 
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