4 ms·

So is this basically "pure" communism? I guess historically, countries we called communistic didn't really adhere to its central idea; or they couldn't do so pr

by daemonk 10y ago

So is this basically "pure" communism? I guess historically, countries we called communistic didn't really adhere to its central idea; or they couldn't do so practically due to the accompanied political/economic instability following regime change.

_rpd 10y ago
No. Communism requires abolition of private ownership. However, the hyperinflationary spiral resulting from BI could assist a transition to communism.
- misinformation 10y ago
  What is your basis for that BI would result in hyperinflation? If that's what you mean.
- some-guy 10y ago
  BI isn't printing money so how would hyperinflation ensue?
  - _rpd 10y ago
    Supposing the BI funding proposal doesn't include printing money (which is not at all clear), the price of inelastic goods (in particular housing) will rise to absorb the universal increase in income. There will then be calls to index BI to inflation, which politicians won't be able to resist, and the spiral will begin.
    - xienze 10y ago
      Not just tie it to inflation, but to location as well. After all, it wouldn't be fair for someone on BI to not be able to live in Manhattan or San Francisco.
      - _rpd 10y ago
        > Not just tie it to inflation, but to location as well. If it happens, I hope they do both, since the location adjustments will be even more rapid than the generic inflation adjustments, and it is possible that hyperinflation would just destroy the highest cost cities, rather than the entire US, before the program is scrapped.
- xienze 10y ago
  > However, the hyperinflationary spiral resulting from BI could assist a transition to communism. Looks like you've identified the end game.
ConfuciusSay02 10y ago
No, it's nothing at all like "pure" communism. It seems like the political discource in the US has led to the loss of all meaning behind terms like communism.

4 ms·

So is this basically "pure" communism? I guess historically, countries we called communistic didn't really adhere to its central idea; or they couldn't do so pr

by daemonk 10y ago

_rpd 10y ago
No. Communism requires abolition of private ownership. However, the hyperinflationary spiral resulting from BI could assist a transition to communism.
- misinformation 10y ago
  What is your basis for that BI would result in hyperinflation? If that's what you mean.
- some-guy 10y ago
  BI isn't printing money so how would hyperinflation ensue?
  - _rpd 10y ago
    Supposing the BI funding proposal doesn't include printing money (which is not at all clear), the price of inelastic goods (in particular housing) will rise to absorb the universal increase in income. There will then be calls to index BI to inflation, which politicians won't be able to resist, and the spiral will begin.
    - xienze 10y ago
      Not just tie it to inflation, but to location as well. After all, it wouldn't be fair for someone on BI to not be able to live in Manhattan or San Francisco.
      - _rpd 10y ago
        > Not just tie it to inflation, but to location as well. If it happens, I hope they do both, since the location adjustments will be even more rapid than the generic inflation adjustments, and it is possible that hyperinflation would just destroy the highest cost cities, rather than the entire US, before the program is scrapped.
- xienze 10y ago
  > However, the hyperinflationary spiral resulting from BI could assist a transition to communism. Looks like you've identified the end game.
ConfuciusSay02 10y ago
No, it's nothing at all like "pure" communism. It seems like the political discource in the US has led to the loss of all meaning behind terms like communism.