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My hypothesis is much simpler and doesn't involve a conspiracy of evil corporations and evil government: The only way to grow an economy is to grow the private

My hypothesis is much simpler and doesn't involve a conspiracy of evil corporations and evil government: The only way to grow an economy is to grow the private sector. That's not yet my hypothesis, it's just a plain fact as the government sector can only exist by the taxes paid by the private sector. My hypothesis: The government believes that too many will simply stop working (thus causing a contraction in the private sector and in the end also in the government sector - which is supposed to use its shrinking resources to pay for UBI)

pm90 10y ago
Its not as simple as that. You're assuming that all Govt. programs lose money, which is definitely not true. Furthermore, from historical data, most of the economic miracles/expansions have been a result of large scale fiscal policies by the federal govt. of respective countries. New Deal, Marshall Plan, War Spending for WW2 etc. all provided the boost that was required to kickstart the economic engines of the respective countries and military spending continues to sustain the US economy to this day. I love this community but really dislike the simplistic acceptance of Randian theories of economic growth and the importance of the private sector. Private sectors are most definitely important and required. But only the Government has the capacity, the resources and the will to execute something like the Manhattan Project, the Moon Mission etc. We shouldn't dismiss any sector so easily.