Abstract

The search for full employment represents a societal delusion, given that the world does not need and cannot use all of the human labor available and, as time goes on, will need less and less. The pace of technologically created unemployment is increasing, and unceasing efforts to create jobs and to obscure the amount of real unemployment inevitably lead to personal degradation, societal corruption, economic disaster, and global danger. A new social paradigm, which does not posit work as its underlying and overarching value, is needed. Among other suggestions, that for a universal basic income has attracted serious international interest.

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