Comment
Comment by Thriptic
As I have said in a number of these types of threads, saying we will pay people off / implement UBI as a solution to reduced participation in the labor force dramatically underestimates the complexity of the problems of automation / globalization / de-industrialization. Most people want to work; they derive self-esteem from their labor and for being a provider; and status is awarded by society depending on the type of job you work and your position in an entity (eg CEO, foreman, etc). Being unemployed / on benefits in America is strongly looked down on and stigmatized. People don't want "hand outs" or "charity", they want to do something to generate value. While I agree that we will ultimately have to pursue some sort of UBI or payoff solution, implementing it requires a complete cultural shift in the way we think about work which will likely be a difficult uphill battle. People go all in on retraining (even though it obviously can't work for everyone) because retraining fits well into American culture without controversy.