How else are you supposed to stabilize a highly-developed postindustrial economy with increasingly rare opportunities to get ahead for most of the population? Didn’t you people read your Friedrich Hayek?
Hayek was for private money, not infinite debt to pay for UBI?
IDK, he seemed pretty clear when he said that “the assurance of a certain minimum income for everyone, or a sort of floor below which nobody need fall even when he [sic] is unable to take care of himself, appears not only to be a wholly legitimate protection against a common risk to all, but a necessary part of the Great Society in which the individual no longer has specific claims on the members of the particular small group into which he was born.”
Social security isn’t UBI.
Sorry, what does “certain minimum income” mean in your native language?
Sorry, what does “even when he [sic] is unable to take care of himself” in your native language?
UBI is the perfect capitalist solution to the majority of problems. It should allow for less market distortion and could have some really interesting outcomes.
I’m very excited to see a first world country use UBI.
That an externalities can go a long, long way in this world.
Capitalism depends on the threat of homelessness to function. UBI can definitely ameliorate the problems of capitalism, but capitalists will constantly fight it. UBI is also a great idea within socialist economies, where there would be no force against it. We should be doing both - eliminate capitalism and provide UBI.
Capitalism depends on the threat of homelessness to function.
No it doesn’t
UBI is also a great idea within socialist economies, where there would be no force against it.
Maybe. But socialism is a stupid inefficient system, so it’s a non starter.
UBI works very well with the market based capitalist system. That’s where I think it will shine.
Did you know that the US does not have a capitalist system? In fact, it’s silly to think of “capitalism” and “socialism” as systems at all. They aren’t. They are broad systemic feature sets. You’ve probably heard the phrase “mixed economy”. That’s actually what nearly every nation has, a mixed economy, meaning that we have socialist, as well as capitalist, elements. In fact, without socialist elements, the capitalist elements of our economy would have self-destructed a long time ago. You clearly have no idea what capitalism or socialism even are. That’s fine, most people don’t, it’s pretty much the norm, but now that it’s been pointed out to you, you have a choice: learn, and grow, or be a stubborn fool. Hopefully you choose well.
Haha I have a degree in economics. That why I can see all the shit you tankies write as just plain wrong.
But I’m sure your youtube video on Karl Marx makes you an expert on these things.
People don’t use words as absolutes. America is largely referred to as a capitalist country. My saying that isn’t incorrect. But you can argue technicalities of words all you want, communism sucks or (mixed economies heavily leaning to communism sucks).
I’m a Lifelong Republican and I LOVE how the Republican Party is a CHAMPION for the Working Class! Money is NOT a Birthright unless you’re already super rich and then it’s OK to suck at the Government’s Teat!
Lol I came so close to downvoting. You really need a /s in there.