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I'm pretty much for universal basic income, but in light of how our society functions it won't fix anything structurally. People will realize that the potentia
by JohnLeTigre 11y ago
I'm pretty much for universal basic income, but in light of how our society functions it won't fix anything structurally.
People will realize that the potential for demand is greater, they will rise their prices and then the cost of live will raise accordingly. Then the rich will get richer quickly and the poor will stagnate, all proportions maintained.
If you want to diminish the gap, you would also need to regulate how people determine prices in order to maintain a reasonable cost of living, I'm not sure that hard capitalists will enjoy this.