Let's not get sidetracked by money. Many people seem to forget that money is imaginary. I can write on a piece of paper "Legal Tender for one drunkendollar" and it becomes money. I may or may not honour the tender, and it's value in terms of real goods may be dependent on a vast array of factors that are somewhat opaque and complicated, but that is what money is. The idea that 'someone has to pay for it' is an absurd fallacy brought on by a narrow mindset taught to us from birth that money has an intrinsic value of it's own, like back in the days when all money was made of precious metals. Those days have been over for a very long time, and even then the price of metal was not constant. Don't get me wrong I am not anti-currency, I think having symbolic tokens representing material value is a genius idea and a wonderful way of regulating and distributing material value. It is just when people operate with the mindset that these tokens restrict our actions or capabilities in any way (as a society I mean, of course in the current system it is the primary tool for restricting individual capabilities). It is like saying "I cant pronounce Russian words because ASCII has no Cyrillic characters". It is just backwards.
Second point: In any debate of this nature the concept of "lazy people that just don't want to work" is mentioned. I can only find two perspectives to interpret this and neither is particularly relevant to this or any other debate. The first is people who don't like the mind numbing spirit crushing busy work that society allows them to do and would rather watch television. From this perspective everyone I know is a lazy person that just doesn't want to work. Everyone I have ever met. The other way to view it seems to be to interpret it as meaning people that don't want to do anything productive or useful ever, and are only willing to do something if it serves no useful purpose. I have never met anyone like this, nor heard of anyone. It seems to me that a distinction that either includes all or none of a set is a meaningless one that contains no information. I am happy to debate the nature of human desires and motivations (though perhaps another thread should be started for that), but as far as the debate about how to structure the economy more fairly and efficiently it is not exactly productive. In the first case we can just give people jobs they like better or at least have the feeling are worthwhile, and in the second case... well you will have to convince me such people even exist before I will consider that relevant.
I would like to try and turn the conversation towards possible measures to change things if I may. Some have been mentioned already, and many of the obstacles and difficulties for change have also been pointed out. What I would personally like to see in terms of results is a gradual reduction of working hours for the average worker. This should continue until the majority of unemployment is gone. Then it should continue further, this would result in a labour shortage which would cause wages to rise meaning people could survive much better on the reduced work. Then it should be reduced further until some of the less savoury aspects of pointless soul crushing busy work are shut down. Things like 90% of the advertising industry could be done away with, ideally the military too (political climate permitting), and also a lot of fat could be trimmed off the fashion and entertainment industries. Then we can stop.
Some suggested ways of going about this:
Legislating maximum hours per week. Pros: Very direct solution, deals with the problem at it's heart. Cons: Massive opposition from large sectors of society including virtually all businesses and a large proportion of workers, especially those with families.
Universal wage (pay everyone tax free minimum wage regardless of whether they work or what their financial status): Pros: No one would ever go hungry, rich could not complain about high taxes because even if the tax rate was 9999999999999999999999999% they would still have enough money to buy food and housing etc. (Of course they would still complain, I just mean it would be easier to ignore). Cons: Expensive, opposition from powerful minorities and many workers.
Standard welfare system (I mean a working one not the sorry excuse we have now): Pros: Could easily be paid for by a minor financial transaction tax and a small bump in the corporate and top bracket income taxes. Cons: Seems to have a bad rep at the moment, mostly due to faux news propaganda in the USA.
Anyone got further suggestions? They don't have to be cure-all ideas, small cumulative steps are actually better.
Sorry about the wall of text. Just noticed in the preview that I might have gotten a bit carried away.
tl;dr=money is imaginary, almost everyone wants to be productive and successful, lets think of positive changes we could make to the system.