The easiest and simplest way to improve the economic welfare of almost everyone in the USA, EU and JAPAN is to let the prices of homes and rents go as far down as possible. This would automatically increase the value of work as opposed to property owners and banks simply sponging off the weaker classes that are forced to pay to live in a place.
If rents became 400 dollars a month instead of 1,000 in the US, EU and JAPAN that would be equivalent to getting a 600 dollar a month raise. If homes cost only their real value of construction, not more than about 100,000 dollars, then mortgages would be just as cheap, etc.
But there is a deep reason why this doesn’t happen: BECAUSE WORK TODAY IS WORTHLESS, NOT NEEDED, NOT IMPORTANT, NOT NECESSARY, A DOG AND PONY SHOW, IRRELEVANT, AUTOMATED AND OPTIMIZED AWAY, IS JUST A POWER RELATIONSHIP, STATUS RELATIONSHIP.
What counts is who can force who to pay what for what basic necessity: therefore expect health care to keep on costing more, housing to keep on costing more, water and food eventually to keep on costing more, etc.
Now go on, tell me that there is a “common good”; tell me that the economists and political scientists are researching how to improve society, how to make society a better place. What a bunch of BS.
Also, the US debt is 10 trillion dollars, that would be equivalent to 1 billion future jobs paying 10,000 dollars a year. Is there that work available ? Is there that amount of labor necessary in any possible productive endeavor ? NO, NOT A CHANCE IN HELL, ESPECIALLY SINCE THE ECONOMIC SYSTEM IS TOTALLY HELL BENT ON AUTOMATING, OPTIMIZING AWAY AS MUCH WORK AS POSSIBLE, INCREASING “PRODUCTIVITY” (WHICH MEANS KILLING AS MANY JOBS AS POSSIBLE BY LETTING ONE GUY DO THE WORK OF AS MANY AS POSSIBLE), COMPETITION, INNOVATION (WHICH MEANS FINDING WAYS TO GET MORE PRODUCT AND MORE RESULTS WITH LESS EFFORT, THERE GOES OTHER THOUSANDS JOBS OUT OF THE WINDOW!).
We need huge public-private projects such as millions of skyscrapers, rockets to mars, high speed trains, you name it and Free Salaries and Cheap Rents and Hobby Factories having Free Work. Or, alternatively, get rid of all computers and get millions of people back to doing everything by hand, writing all the contents of computers and databases by hand, by pen and paper, A huge paper based internet, kill automation and get people working.
Check out:
viewtopic.php?f=3&t=174961
"Now, go on, say that we have overpopulation, peak oil, debts, etc. We don’t, all of these scares are not even a blip on the radar in the greater scheme of things. There is plenty of oil still left and there are and will be many work arounds for this. Why is the life style of people much better in Manhattan, surrounded by hundreds of thousands of people compared to the small town in Kansas having only 2,000 people ? Because more people is a resource, means more exchanges, means more wealth, more diversity, more possibilities, etc. There are not too many people, there are too few, the earth can host thousands of trillions, but the population will probably peak at about 15 to 20 billion which is nothing at all. If there were all of these important debts, then half the world would be in an all out depression, but the economy of the world is growing by 4 % a year, so there are no debts, only a bunch of lies and make believe constrictions and interdictions everyone buys into so the rich and capitalists can keep on hogging as much money as possible while taking away as much from the weaker classes, like laying off teachers, increasing the age of pensions, etc. All of this is totally useless and just serves a purpose for the ruling classes.
And most of all, we have millions of people idle, kept from work, bored frustrated people that would like to exercise their will power by simulating a winning game by attaching the wheels to cars in hobby factories. With all the millions of idle people worldwide, we could build all the cars in the world and a skyscraper to the moon in a day with only hobby factories and they could express their will power and satisfy their need to win this detached simulation, all for free, as in free work, no need to pay, they would pay you to spend an hour or two in a hobby factory.
Therefore, Free Salaries, Cheap Rents, and Hobby Factories having Free Work."
This also demonstrates how the system creates debt: because it can create free wealth automatically, it is a huge excess capacity system, generates wealth and production with very little labor input. It can generate debts, consumption, but it can’t generate jobs, at least not real productive jobs.
And that is the contradiction the economy is in, and people can’t see this, all of the economists can’t see through this, we no longer live in a simple cause and effect system, of linear labor, so much input so much output. False, the system is totally non linear, with huge amplifications, economies of scale, with automation, robots, optimizations, etc. Work can no longer be produced in this system but wealth and products of all kinds from all productive endeavors (even services) can be produced in ever more quantities with fewer and fewer workers.
And people just can’t wrap their heads around this, just can’t believe it, just can’t accept a simple non linearity: we get products but we don’t need labor, end of story. This is the result of a Technological Economy.
So the mathematical solution to this is simple: Free Salaries and Cheap Rents. But since no one can accept this because of some moralistic - religious stance against a “free lunch”, all the wealth, in the form of trillions of dollars is hogged up by the rich and capitalists that have been choking and vomiting on it for years now. And they have been accumulating trillions upon trillions for decades now, it is unbelievable! And they will keep on choking and vomiting on more and more trillions as everyone continues in the “punishment mode” against the weaker classes: demanding that ever more workers be layed off because they are not “productive”, raising the retirement age of people “so they can work more” (we need young people working, not old people!), hike up the prices of colleges in the UK (pure punishment mode), etc.