Jack Saturday

Monday, December 14, 2015

Anti Wage-Slavery Pro-Freedom Quotations Of The Week 1389-1391

China is laying the groundwork for a robot revolution by planning to automate the work currently done by millions of low-paid workers.
The scale and importance of China’s robot ambitions were made clear when the vice president of the People’s Republic of China, Li Yuanchao, appeared at the country’s first major robotics conference, held recently in Beijing. Standing onstage between two humanoid entertainment robots with outsized heads, Li delivered a message from China’s leader, Xi Jinping, congratulating the organizers of the effort. He also made it clear that robotics would be a major priority for the country’s economic future.
Vice President Li suggested that robotics researchers and companies from outside the country would be welcome to take part in the country’s robot revolution: “China would like to welcome robot experts and entrepreneurs from all over the world to communicate and coӧperate with us, in order to push forward the development of robot technology and industry.”
    By Will Knight on December 7, 2015
     [emphasis JS]

 The Massachusetts Institute of Technology found that cash-assistance programs in six low-income countries did not discourage work. Furthermore, a World Bank review of 19 quantitative studies found that cash-assistance in Latin America, Asia and Africa was not wasted on “temptation items,” such as tobacco and alcohol.

“Almost without exception, studies find either no significant impact or a significant negative impact of transfers on temptation goods,” the World Bank report said.

Other supposed negative impacts from welfare, such as birth out of wedlock and encouraging generational poverty, have been demonstrated to be unfounded by other research.

This trove of research demonstrates that the commonly accepted myth about welfare’s “corrupting influence” is not as well-founded as many may believe. However, research has shown clear benefits from the UBI system, including alleviating poverty, increasing entrepreneurship and improving impoverished children’s educational outcomes.

In theory, unconditional assistance may encourage some individuals to frivolously spend their money. In practice, however, the research shows most individuals utilize cash-assistance to better themselves and their families.
     [emphasis JS] 

 Rising prosperity for the few means undue hardship for the many. That is the economy’s underlying problem and it won’t be solved until policymakers face up to it.
The Real Problem With the Economy
By Teresa Tritch
November 14, 2015
    New York Times


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