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Well I am not a proponent for that and I agree with them. Furthermore Basic income is NOT a central economic idea it's an idea that goes across political ideolo
by ThomPete 9y ago
Well I am not a proponent for that and I agree with them. Furthermore Basic income is NOT a central economic idea it's an idea that goes across political ideologies and rightfully so.
- Jabanga 9y agoBasic income is a form of central economic planning. A central authority deems that X% of every individual's income will be forcibly redistributed through a program that disperses it equally amongst the population. Like all central economic planning schemes, it overrides the individual's right to privacy and property in order to force the individual to conform to some simplistic plan. Central economic planning contrasts with the market mechanism, where individuals decide for themselves what to do with their person and property [1]. [1] https://en.wikipedia.org/wiki/Economic_planning https://en.wikipedia.org/wiki/Economic_planning
- ThomPete 9y agocentral planning is about supply and demand. basic income is just another way to deal with social welfare. Its not anymore central than conditional income. And even further than that calling it central planning doesent change its value one being the removal of the giant bureaucracy around it.