Posts Tagged ‘UBI’

522: The Poverty of Leisure

Charles Hugh Smith is a critic of the idea of UBI (universal basic income), but in order to understand his critique it is necessary to take a deep dive into the nature of work. Any simple formulation of what constitutes work will either over-generalize and capture too much, or it will leave out certain activities which are necessary for the functioning of a healthy society and which create benefits for people other than the one engaged in the activity but which do not generate a profit and so are often unpaid. KMO and Charles Hugh Smith talk about work, leisure, commodification and the effects of information technology and machine intelligence on how we all participate in the web of exchanges and interactions we call "the economy."


Facebook and other apps are designed to capture and hold our attention, but the experience it produces, while compelling, can be far from pleasant. Some people get paid to create content, but social media companies depend on users to create content for free, content which is essential to the platforms' business model. Users aren't paid for the content they create, but the prevailing wisdom is that the platform provides value to the content creators in the form of a means by which to create an audience and connect with like-minded users and stay in touch with friends and loved ones who live far away. But is this an equal trade? Is the value of the trade the only thing that keeps us coming back to social media? KMO reads from some insider marketing material which makes it all too clear that the app designers are using human evolutionary psychology to hack our neurology and trick us into giving away the goods for free at great personal cost to our quality of life. Later, KMO looks at the book Money and Work Unchained by Charles Hugh Smith to define the key characteristics that differentiate work from leisure. There's way more to it than getting paid.


After some listener feedback on the topic of UBI, KMO introduces listeners to Rob who just finished reading Dreamland: The True Tale of America's Opiate Epidemic. Rob provides some detailed highlights from the book which sets the stage for a conversation about the hows and the whys of the America's current drug dependence predicament. There's no easy fix, but the state of Ohio has learned a thing or two about shutting down pill mills and getting people into treatment programs. It's a start.

C-Realm Radio 056

James Felton Keith

KMO welcomes James Felton Keith, author of Personal Data: The People's Asset Class,  back to the C-Realm to talk about why he's running for Congress and how our society would be better situated to provide for everyone if we all owned the personal data that we generate just by living our lives. JFK explains why this will benefit society even if it does provide more immediate gains for those who are already doing well under the current arrangement. Finally, the conversation turns to racial justice, police violence, and the state of the relationship between the young people of color and the NYPD.


KMO riffs on the topics Bruce Sterling addressed in his annual talk at SXSW and responses to feedback from listeners.  The cover art is based on an info-graphic by Thomas Homer-Dixon assessing the risks of financial crisis, authoritarianism, civil violence, and war over the next five years under President Trump.