Posts Tagged ‘UBI’

551: The Specter of Ecofascism

KMO and John Michael Greer met up in Lancaster, PA this week to talk about ecofascism. JMG made a bit of a stir a few weeks back when he published an essay on his blog called The Next Twilight of Environmentalism. His thesis is that we're in the early stages of seeing media power-brokers discredit environmentalism by associating it with Nazis, white nationalists and mass shooters. Later in the podcast, KMO asks JMG about the candidacy of Andrew Yang and his signature policy, the Freedom Dividend.

546: Identity and Displacement

David Blacker returns to the C-Realm Podcast to talk about the themes in his new book, What's Left of the World: Education, Identity and the Post-Work Political Imagination. KMO has been reading Andrew Yang's book, and David has also read it and followed Yang's candidacy, so the discussion circles the topic of Universal Basic Income for a good portion of the conversation.

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What happens when the rate of return on investment outpaces economic growth?

KMO and frequent contributor, Rob, discuss Douglas Rushkoff's most recent book, Team Human. Not surprisingly, the conversation touches often on the topic of artificial intelligence and its likely effects on human prospects for a viable and dignified future.

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KMO is packing up to fly to LA for Politicon 2018. It's likely to be the scene of street battles between Antifa and Proud Boys; a glorious spectacle of ideologically-induced insanity. And stuff about AI, UBI, and figuring out whether the purpose of civilization is to create the conditions for the virtuous to make a fortune or to help all humans live decent lives.

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KMO and Charles Hugh Smith continue the discussion of Universal Basic Income that started in C-Realm Podcast 522. The "tax the robots to fund UBI" narrative takes for granted that current corporate profits, the things that would actually be taxed, are sustainable in the first place. This view doesn't take into account that corporations use all manner of unacceptable and unsustainable gimmicks to maintain their pricing power in an environment in which commoditized products and production processes continually erode profitability. The UBI fantasy doesn't take into account the tendency of the rate of profit to fall (as the Marxists say). Later, KMO askes Charles if it might be best to just accept UBI because it will accelerate the unraveling of the current economic order.