Lots of interesting stuff here.

It seems that political will to allow people to think "the unthinkable" is
needed.  That is that the production problem is solved. We now turn our
attention to distribution in the context of social cohesion.  That this may
include basic income.

But what about the "less developed world"?  And what about globalization?
What happens to land values and financial markets when we say that our
obsession with growth is coming to an end?

arthur

-----Original Message-----
From: Barry Brooks [mailto:[EMAIL PROTECTED]
Sent: Sunday, July 6, 2003 2:53 PM
To: [EMAIL PROTECTED]
Subject: [Futurework] Engineering the economy



Barry,

This is somewhat related to your "Why men succeed at work." 

The question, then, becomes whether it is possible to engineer a society 
in which people are rewarded for non-capitalist and/or non-power seeking 
(referring specifically to negative forms of power) behaviors. And, if 
so, what would such a reward structure look like? 

Below is my view of what such a reward structure would look like.

Barry


Good engineering uses evolution.  Consider the Japanese 
car designs that are improved, not replaced, whenever better designs are 
available.  It's not one or the other.  In fact no clear lines can be drawn
between 
evolution and engineering.

Or, maybe I should have said, we can't wait for nature to guide us; planning
is required.
Yet, we should take advantage of the good things we already have.  But,
which features of 
our present economy should we keep?

Here's an outline of goals and policies that I advocate.  We have the
components of a successful 
economy, as I define it below, already in place.  Thus, no revolution will
be needed. 

In my humble opinion we want our economy to provide sustainability, an
abundance of goods and services, economic security for everyone, and
leisure. These goals are synergistic and are hard to separate or rank.

Various economic arrangements could provide those wants, and the economic
designers, who ever they are, must choose between those alternative
arrangements.  That is the hardest part of the design process.

The easy part is knowing the things that can not work.  To be sustainable an
economy must not need growth in scale, because any rate of growth in scale
will finally make that economy un-sustainable.  All the sustainable
alternative economies will not need to grow in scale.

Also, leisure will require the acceptance of automation into every possible
part of the economy.  Economic arrangements that don't use technology can't
meet the want for leisure. All the alternative economies will use
technology, and they will not need to grow in scale.

Economic security requires some arrangement to provide basic food and
shelter to everyone without qualification.  Pure market capitalism, private
charity, and "opportunity" will not provide that.  Some form of transfer
payments will be part of any economic arrangement that provides economic
security.  All the alternative economies will use technology, they will not
need to grow in scale, and they will care for the poor.

Caring for the poor in an economy that values leisure will not focus on
making jobs for them.  Wage dependence leads to the need to make jobs, the
need to compensate for automation, and the need for growth in scale.
Unearned income is basic to capitalism, but it's not democratic capitalism
when most people are dependant on wages.  A guaranteed income could be
adjusted to stabilize wages in an economy that doesn't need its full
productive capacity. 

The need for growth and waste of our consumer economy will finally make
providing an abundance of goods and services impossible.  When we make jobs
and tolerate waste to be busy, or to avoid the need to provide welfare, we
are in denial about the power of today's automation to replace human labor,
and where we going.  The waste of the consumer economy will not provide
abundance, security, or leisure; not for long.

If it weren't for politics even today's economic arrangements could work,
for a while. We could stimulate demand so effectively that our wants for
abundance and security, at least for workers, could be meet.  That's why our
want for sustainability is important. It's not enough to nurture the market,
to end corruptions, to implement the most advanced policies in pursuit of
unsustainable levels of  hyper-activity.  The short-term fix is not a
long-term fix, but any long-term fix applies now.  For sustainability the
long-term fix is to cut resource consumption, not to increase it.

When we combine the known requirements of our engineered economy we get
something that would seem unworkable without consideration of additional
details.  For example, an economy that doesn't grow requires a stable
population, and an economy that is sustainable avoids waste.  So, if we make
all products long lasting many goods can be provided by inheritance.
Long-lasting houses combined with population stability will provide houses
without much labor, without economic growth,  without excessive resource
consumption, and without a need for large income.   Security, abundance and
leisure are all supported by such arrangements.  

Last time I checked no revolution will be needed to institute inheritance,
or family planning, or automation, or even transfer payments.  We already
have those things in our society.  It may take a revolution to get the
message out about how those things can be used to provide the things we
really want.

Barry Brooks




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