Theobald points out that every individual should be assured of a minimum income. Now, you see, that absolutely horrifies most people. "Say, all these wastrels, these people who are out of a job because they're really lazy, see... ah, giving them money?" Yeah, because otherwise the machines can't work. They come to a blockage. This was the situation of the Great Depression, when here we were still, in a material sense, a very rich country, with plenty of fields and farms and mines and factories... everything going. But suddenly, because of a psychological hang-up, because of a mysterious mumbo-jumbo about the economy, about the banking, we were all miserable and poor—starving in the midst of plenty. Just because of a psychological hang-up. And that hang-up is that money is real, and that people ought to suffer in order to get it. But the whole point of the machine is to relieve you of that suffering. It is ingenuity. You see, we are psychologically back in the 17th century, and technically in the 20th. And here comes the problem. So what we have to find out how to do is to change the psychological attitude to money and to wealth, and furthermore to pleasure, and furthermore to the nature of work.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Theobald points out that every individual should be assured of a minimum income. Now, you see, that absolutely horrifies most people. "Say, all these wastrels, these people who are out of a job because they're really lazy, see... ah, giving them money?" Yeah, because otherwise the machines can't work. They come to a blockage. This was the situation of the Great Depression, when here we were still, in a material sense, a very rich country, with plenty of fields and farms and mines and factories... everything going. But suddenly, because of a psychological hang-up, because of a mysterious mumbo-jumbo about the economy, about the banking, we were all miserable and poor—starving in the midst of plenty. Just because of a psychological hang-up. And that hang-up is that money is real, and that people ought to suffer in order to get it. But the whole point of the machine is to relieve you of that suffering. It is ingenuity. You see, we are psychologically back in the 17th century, and technically in the 20th. And here comes the problem. So what we have to find out how to do is to change the psychological attitude to money and to wealth, and furthermore to pleasure, and furthermore to the nature of work." in the context of "Alan Watts, Money, Guilt, and the Machine, 25:00" to mean that wisdom is timeless.