(snip)
Hubbert's ideas about work are even more heretical. Work is becoming, he says, increasingly unimportant. He thinks it is conceivable that the future work week might be on the order of 10 hours. Indeed, because production will have to be limited by increasingly limited mineral resources, that might be inevitable. And that, Hubbert stresses, could be the foundation of an earthly paradise.
(snip)
Getting something for nothing
In the distribution to the public of the products of industry, the failure of the present system is the direct result of the faulty premise upon which it is based. This is: that somehow a man is able by his personal services to render to society the equivalent of what he receives, from which it follows that the distribution to each shall be in accordance with the services rendered and that those who do not work must not eat. This is what our propagandists call 'the impossibility of getting something for nothing.' Aside from the fact that only by means of the sophistries of lawyers and economists can it be explained how, on this basis, those who do nothing at all frequently receive the largest shares of the national income, the simple fact is that it is impossible for any man to contribute to the social system the physical equivalent of what it costs the system to maintain him form birth till death--and the higher the physical standard of living the greater is this discrepancy. This is because man is an engine operating under the limitations of the same physical laws as any other engine. The energy that it takes to operate him is several times as much as any amount of work he can possibly perform. If, in addition to his food, he receives also the products of modern industry, this is due to the fact that material and energy resources happen to be available and, as compared with any contribution he can make, constitute a free gift from heaven. Stated more specifically, it costs the social system on the North American Continent the energy equivalent to nearly 10 tons of coal per year to maintain one man at the average present standard of living, and no contribution he can possibly make in terms of the energy conversion of his individual effort will ever repay the social system the cost of his social maintenance. Is it not to be wondered at, therefore, that a distributive mechanism based upon so rank a fallacy should fail to distribute; the marvel is that it has worked as well as it has. Since any human being, regardless of his personal contribution, is a social dependent with respect to the energy resources upon which society operates, and since every operation within a given society is effected at the cost of a degradation of an available supply of energy, this energy degradation, measured in appropriate physical units such as kilowatt-hours, constitutes the common physical cost of all social operations. Since also the energy-cost of maintaining a human being exceeds by a large amount his ability to repay, we can abandon the fiction that what one is to receive is in payment for what one has done, and recognize that what we are really doing is utilizing the bounty that nature has provided us. Under these circumstances we recognize that we all are getting something for nothing, and the simplest way of effecting distribution is on a basis of equality, especially so when it is considered that production can be set equal to the limit of our capacity to consume, commensurate with adequate conservation of our physical resources.
Income in Units of Energy
On this basis our distribution then becomes foolproof and incredibly simple. We keep our records of the physical costs of production in terms of the amount of extraneous energy degraded. We set industrial production arbitrarily at a rate equal to the saturation of the physical capacity of our public to consume. We distribute purchasing power in the form of energy certificates to the public, the amount issued to each being equivalent to his pro rata share of the energy-cost of the consumer goods and services to be produced during the balanced-load period for which the certificates are issued. These certificates bear the identification of the person to whom issued and are non negotiable. They resemble a bank check in that they bear no face denomination, this being entered at the time of spending. They are surrendered upon the purchase of goods or services at any center of distribution and are permanently canceled, becoming entries in a uniform accounting system. Being nonnegotiable they cannot be lost, stolen, gambled, or given away because they are invalid in the hands of any person other than the one to whom issued. If lost, like a bank checkbook, new ones may be had for the asking. Neither can they be saved because they become void at the termination of the two-year period for which they are issued. They can only be spent. Contrary to the Price System rules, the purchasing power of an individual is no longer based upon the fallacious premise that a man is being paid in proportion to the so-called 'value' of his work (since it is a physical fact that what he receives is greatly in excess of his individual effort) but upon the equal pro rata division of the net energy degraded in the production of consumer goods and services. In this manner the income of an individual is in nowise dependent upon the nature of his work, and we are then left free to reduce the working hours of our population to as low a level as technological advancement will allow, without in any manner jeopardizing the national or individual income, and without the slightest unemployment problem or poverty. "
Hubbert goes on to state that following a transition the work required of each individual, need be no longer than about 4 hours per day, 164 days per year, from the ages of 25 to 45. Income will continue until death. "Insecurity of old age is abolished and both saving and insurance become unnecessary and impossible."
More at:
http://hubbertpeak.com/hubbert/hubecon.htm
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
