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View Full Version : Social Adjustments to Current Ecconomics


LTABN
31st August 2010, 05:12 AM
In the scheme of things, the economic side of the modern world seems grossly askew against the backdrop of our world. Not just in the recession and loss of wealth, all the fall out from the evaporation of trillions that never actually existed, but in how the world is handling it in social interactions of all sorts.

A few points that comes to mind:

When applying for a job in most settings (gentlemen), you are still expected to be dressed in business attire. This is an otherwise unnecessary expense for people who may just be barely making it by. Should the buisness provide a 'uniform allowance' at the onset to be offset by reduced wages over the first year of employment?

If you had a job for a period of time, then you can claim unemployment- a small safety net, but certainly better than nothing. If you were in the academic setting, and living off a stipend or some other form of grant etc. then all at once you're income ends and stays turned off. Does anyone expect college students to somehow save enough to live off of while slugging their way through the trenches for months to try and find any sort of employment? How can this be addressed in a socially responsible way?

Those who were told for decades that they will be ready to retire in just a few more years, are now looking at decades of uncertainty- despite putting in the full effort during their prime working years. What suggestions seem most reasonable to address this?

Finally-
At what point would it be possible to leap beyond this whole 'money' thing anyway? Endless supply to meet endless demand without the need of labor seems a fantastic formula, but are there any realistic chances/hopes of meeting it?

I know there are tons of other things, but I thought I'd keep it a short intro.

The Central Scrutinizer
31st August 2010, 08:11 AM
When applying for a job in most settings (gentlemen), you are still expected to be dressed in business attire. This is an otherwise unnecessary expense for people who may just be barely making it by. Should the buisness provide a 'uniform allowance' at the onset to be offset by reduced wages over the first year of employment?

I haven't worn a suit and tie to an interview in years. I'm in IT and work as a contractor. Often for new contracts, the interviews are handled over the phone and by email. Some clients still like a site visit. For those, I pretty much wear Dockers and a collared shirt. "Business casual" is the term.

If you had a job for a period of time, then you can claim unemployment- a small safety net, but certainly better than nothing. If you were in the academic setting, and living off a stipend or some other form of grant etc. then all at once you're income ends and stays turned off. Does anyone expect college students to somehow save enough to live off of while slugging their way through the trenches for months to try and find any sort of employment? How can this be addressed in a socially responsible way?

That's what parents are for.

Those who were told for decades that they will be ready to retire in just a few more years, are now looking at decades of uncertainty- despite putting in the full effort during their prime working years. What suggestions seem most reasonable to address this?

Address what? You save during your life for retirement. If you don't save enough, then you either have to work longer or live more cheaply.

Finally-
At what point would it be possible to leap beyond this whole 'money' thing anyway? Endless supply to meet endless demand without the need of labor seems a fantastic formula, but are there any realistic chances/hopes of meeting it?

No.

Mark6
31st August 2010, 12:06 PM
At what point would it be possible to leap beyond this whole 'money' thing anyway? Endless supply to meet endless demand without the need of labor seems a fantastic formula, but are there any realistic chances/hopes of meeting it?
What does "Endless supply to meet endless demand without the need of labor" have in common with money? It sounds like post-scarcity, and no, there is no realistic chances/hopes of it. Money (which ultimately is just a measurement of supply vs. demand) is here for the foreseeable future.

drkitten
31st August 2010, 01:55 PM
Finally-
At what point would it be possible to leap beyond this whole 'money' thing anyway? Endless supply to meet endless demand without the need of labor seems a fantastic formula, but are there any realistic chances/hopes of meeting it?

As other posters have pointed out, "endless supply to meet endless demand" sounds like what economists and sci-fi writers call a "post-scarcity economy."

And, no, there's no realistic chances of meeting it in the foreseeable future. Until we can conjure goods out of thin air with replicators or cornucopia machines or AI-driven nano-bots, someone will need to be paid to sew T-shirts, which means we'll need money to buy them.