DiscoverBoston Basic Income129 — Workers vs Consumers
129 — Workers vs Consumers

129 — Workers vs Consumers

Update: 2020-11-26
Share

Description

Henry Ford famously insisted on paying his workers enough money to be able to buy the very cars they were producing.  But to what extent does that make sense?  When is it useful to think of workers and consumers as the same people?  Does basic income create a disconnect between these two roles?  Is that a problem?



We have two optional readings this week.  The first is a 2011 blog post by former labor secretary Robert Reich entitled "Stock Tip: Be Worried. Workers are Consumers"



The second is a 2012 article on Big Think by David Berreby entitled "When Consumers Forget They're Also Workers, Everyone Suffers"



Previous related Boston Basic Income topics have included:

BBI #14 — Technological Unemployment

BBI #33 — Basic Income vs Job Guarantee

BBI #56 — Workism



Original YouTube recording



Image by Clker-Free-Vector-Images on Pixabay



Comments 
In Channel
138 — Private UBI

138 — Private UBI

2021-03-0145:15

137 — Modern Money

137 — Modern Money

2021-02-1444:18

136 — NGDP Targeting

136 — NGDP Targeting

2021-02-0450:48

132 — Cultural Incentives

132 — Cultural Incentives

2020-12-2101:27:49

130 — Petrodollars

130 — Petrodollars

2020-12-0501:33:41

128 — Gold Standard

128 — Gold Standard

2020-11-2001:31:59

127 — Subsistence UBI

127 — Subsistence UBI

2020-11-1301:35:48

126 — Neoliberalism

126 — Neoliberalism

2020-11-0601:33:42

125 — Labor Demand

125 — Labor Demand

2020-10-3001:33:02

123 — Money From Nothing

123 — Money From Nothing

2020-10-1501:52:58

122 — Moral Framing

122 — Moral Framing

2020-10-0801:38:16

121 — Debt Jubilee

121 — Debt Jubilee

2020-10-0201:45:28

120 — Money Shame

120 — Money Shame

2020-09-2401:51:50

loading
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

129 — Workers vs Consumers

129 — Workers vs Consumers

Alex Howlett