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> most people are horribly risk-adverse Free market socialism (i.e. a large UBI + single payer healthcare + low regulation) would largely mitigate that risk av

by hx87 10y ago

> most people are horribly risk-adverse Free market socialism (i.e. a large UBI + single payer healthcare + low regulation) would largely mitigate that risk aversion, especially when combined with low levels of personal debt, since if you fail you can always count on decent healthcare and the UBI check.

walshemj 10y ago
One advantage of the NHS serious medical conditions wont bankrupt you.
eru 10y ago
That can work fairly well. If you finance the government largesse with a land value tax, you can even untax capital and labour and remove almost all distortions to the economy.