Comment by yetihehe
3 hours ago
> How do we ensure that we don’t enter the failure mode of “not enough necessities get made”?
Pay higher when someone does things. UBI + income. If you want to live better, try doing something that will bring you money, but if you fail, you can still live and try something other next time.
Current model: if you try something and fail, you are homeless and starving.
Failing -> homeless and starving is a failure mode at the level of the individual. That’s not good, but failure modes of the entire structure are higher priority and the two don’t really compare apples to apples. Capitalism (absent corruption) is actually sort of cleverly recursive there because financial destitution by definition cannot affect producers of vital goods, because the act of producing vital goods is precisely what is rewarded by the system. So at least what you mentioned cannot result in systemic failure from a mechanistic point of view, only an individual level failure (which isn’t to say that the individual is “to blame”, I am not talking moralistically, just that it affects individuals and not the entire structure).
On first paragraph, okay how does that scale though. Who does the actual work of producing things people need to live, and how do we make sure that enough people keep doing that specifically, even across plausible variable configurations such as “birth rate increases because people have more free time which means now you need more farming” etc.
We need to characterize these dynamics, wouldn’t you say? Have you thought about it, or are you satisfied by hand waving?
I don't think the "producers" argument is true, and even so it really does depend on the profession and on current trends.
What was vital yesterday may be obsolete tomorrow (see hospital secretaries vs ambient scribes for instance). I assume when you think of people taking a potentially "destitution-risky" decision, you think "entrepreneur without savings or backup income", not "hospital secretary". Yet here we are.
Also, in many professions, "production" is multi-level. Who is the producer in a hospital, the nurse, or the hospital manager? Yet I can assure you nurses, as vital as they are, get fixed term contracts or get fired all the time. Same with teachers and academics.
So, no, the system rewarding the hospital manager and the university deans for the "vital" work of their nurses and teachers isn't "cleverly recursive"; it's exactly the failure mode both you and OP speak of, except it's somehow both systemic and personal, depending in what angle you're looking at.
> financial destitution by definition cannot affect producers of vital goods
This is why people who work critical jobs never go hungry.