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Even if costs of basic consumer goods were padded with as much as you're suggesting, how would a basic income somehow eliminate profit-seeking behaviors from th
by sithadmin 9y ago
Even if costs of basic consumer goods were padded with as much as you're suggesting, how would a basic income somehow eliminate profit-seeking behaviors from the market?
What you're hinting at would require strong controls on margins, which could be implemented without implementation of a basic income.
- treehau5 9y agoYes, and in a scenario where you can calculate the baseline pie of money of which profit-seeking actors can ration, you would almost be forced down this route to ensure a fair market, otherwise different markets will cannibalize each other. (Might make for a good book) Practically implemented, I imagine along with "basic income" there be "basic goods and services", which have said strongly controlled margins. The rest can remain the same. (I think basic income will never work under any scenario in this current economy, I just like to theorize. Reading some of your other comments on this I think we would agree on much)