4 ms·
BI is a form of forcible redistribution that weakens private property rights, which is a key market institution, so pointing put that stronger market institutio
by aminok 10y ago
BI is a form of forcible redistribution that weakens private property rights, which is a key market institution, so pointing put that stronger market institutions are better for wealth-generation/poverty-reduction is absolutely relevant to the topic of what the expected outcome of instituting BI is.
Putting your head in the sand and being optimistic is not going to make the potential problems of forcible redistribution go away.
When the evidence suggests that a particular idea is a bad one, even if that idea seemed wonderful at first, a d even if that idea is wildly popular, it has to be discarded, for the sake of society.