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"Super-Welfare" Guaranteed Income For All Isn't a Solution - It's Just The New Serfdom

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

To the degree that serfdom is political powerlessness and near-zero access to the processes of accumulating productive capital, super-welfare guaranteed income for all is simply serfdom institutionalized into a Hell devoid of purpose, pride, meaning, community and positive social roles.

Jean-Paul Sartre famously wrote that Hell is other people. While this is undoubtedly true in cocktail party and workplace settings, in socioeconomic terms, Hell is a scarcity of positive social roles--the sources of positive identity, pride, purpose, community and meaning.

Since meaningful work is the source of positive social roles, Hell is a lack of meaningful work.

Unfortunately for us, the Keynesian Cargo Cult economists that dominate our world have zero grasp of humanity's need for positive social roles and meaningful work. In the myopic view of the Keynesians, humans are nothing but consumer-bots, heartless beings who chew through the Earth's resources in their limitless quest for more of everything--what the Keynesian Cargo Cult worships as "demand."

Tragically, this blindness to humanity's need for meaning and the elevation of spiritually empty consumerism to a Secular Religion leaves the Keynesians incapable of understanding this timeless truth: the only possible result of robbing people of their livelihood is despair.

Chief Keynesian Cargo Cultist Paul Krugman seems sincerely mystified that more state welfare isn't eliminating this despair, when lack of positive social roles and dependence on the state is the source of this despair.

Why To the degree that serfdom is political powerlessness and near-zero access to the processes of accumulating productive capital, super-welfare guaranteed income for all is simply serfdom institutionalized into a Hell devoid of purpose, pride, meaning, community and positive social roles.

This is why I say The Future Belongs to Work That Is Meaningful.