I don’t see a way Stabilization of class and UBI could both happen. The reason wealth tends to entrench itself under current conditions is tied inherently to reinvestment and rentseeking, which are destabilizing to the point where a stabilization would have to bring them to a halt. If you do that, UBI means redistribution. Redistribution without economic war inevitably settles towards equality, but also… the idea of money is kind of meaningless in that world, not just because economic conflict is a highly threatening form of instability, but also imo because financial technology will have progressed to the point where I don’t think we’ll have currencies with universally agreed values to redistribute.
What I’m getting at is that the whole class war framing can’t be straightforwardly extrapolated into that world, and I haven’t seen anyone doing that. Capitalist thinking about post-singularity economics is seemingly universally “I don’t want to think about that right now, let’s leave such ideas to the utopian hippies”.
I don’t see a way Stabilization of class and UBI could both happen. The reason wealth tends to entrench itself under current conditions is tied inherently to reinvestment and rentseeking, which are destabilizing to the point where a stabilization would have to bring them to a halt. If you do that, UBI means redistribution. Redistribution without economic war inevitably settles towards equality, but also… the idea of money is kind of meaningless in that world, not just because economic conflict is a highly threatening form of instability, but also imo because financial technology will have progressed to the point where I don’t think we’ll have currencies with universally agreed values to redistribute.
What I’m getting at is that the whole class war framing can’t be straightforwardly extrapolated into that world, and I haven’t seen anyone doing that. Capitalist thinking about post-singularity economics is seemingly universally “I don’t want to think about that right now, let’s leave such ideas to the utopian hippies”.