4 ms·
UBI has some genuine drawbacks, but the correct conclusions are the opposite of what this article says. 1) Landlords can capture all extra money by raising ren
by cousin_it 9y ago
UBI has some genuine drawbacks, but the correct conclusions are the opposite of what this article says.
1) Landlords can capture all extra money by raising rents. Solution: land value tax (which can probably finance UBI all by itself).
2) Some people have high medical costs. Solution: free health care for everyone. No "insurance" where rejecting sick people is profitable!
3) Loss of meaning in life. Solution: free education for everyone. Let people study and socialize all their lives if they want. Don't force them to find jobs or starve!