Hacker News new | past | comments | ask | show | jobs | submit login

some sort of consumerism-socialist arrangement? i suspect youd end up with lot of folks who realize they can sit back and do nothing and sustain themselves. the labor pool of low-income jobs dries up, employers have to raise wages to attract workers, and the price of goods and services goes up. I'm sure there is some balancing point, but we dont know where that is (maybe thats the fear)



Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: