Truck-driving is a modern form of indentured slavery

[gracchus]

@petr

If you are going to have a permanent and growing underclass, combined with easy access to guns - Capital will have to invest in living in armed and gated communities.

Yes, and guard labour, which already accounts for 1/4 of the American workforce according to Samuel Bowles. We’re basically discussing the kind of fear-infused life that wealthy people in Brazil and South Africa “enjoy.” Wealthy Americans are in no way ready for that, and smart American HNWIs don’t want it. And so…

@petr

Capital will not take UBI seriously unless it is forced to, but many governments are talking about it

Here’s my obligatory self-link to the kind of nasty UBI that American Capital would prefer once it’s forced to adopt one.

@jpc2769

The company is basically loaning the money to the driver and talking a security interest in the truck.

Essentially rent-to-own, and we know who wins and who loses in that scenario.