Insanity.
Next question
In the Carboniferous Epoch we were promised abundance for all,
By robbing selected Peter to pay for collective Paul;
But, though we had plenty of money, there was nothing our money could buy,
And the Gods of the Copybook Headings said: “If you don’t work you die.”
http://www.kiplingsociety.co.uk/poems_copybook.htm
Insanity is correct. This is a Communist wet dream. Any well educated person who understands human nature all all knows this won’t work. Unfortunately, we don’t seem to be turning out enough of those.
Its not insanity to ask in a grander context.
We have to come to grips with a reality that is coming, and that is, automation and technology is going to replace most jobs, and will there legitimately be enough work for everyone once that happens?
We aren’t there yet, obviously, and no not all jobs will ever be completely automated, but a LOT are going to be, in the not too distant future. (assuming of course we don’t figure out a way to blow ourselves back to the dark ages and have to start all over again).
Technology advancement is growing exponentially, we truly are not far off from a future where more than mundane and repetitive tasks, that easily fit within certain finite parameters, are going to be automated.
What happens after the tipping point? When there truly are more people in the work place (and a LOT more people in the workplace) than there is work to be done?
That’s not an insane question to ask at all, because we are certainly within a world where that possibility is on the horizon... when will it happen exactly? Who knows, but, it certainly a very possible reality and thinking ahead about that, and what and how to handle that, is not insane at all.
Right now, we aren’t there, no doubt, but its coming.