4 ms·
Except local production is often less efficient/more expensive. UBI would create a floor for job quality, and allow people to pursue riskier or less capitalisti
by maccam94 9y ago
Except local production is often less efficient/more expensive. UBI would create a floor for job quality, and allow people to pursue riskier or less capitalistic ventures.
- visarga 9y agoEventually, when the current people are long gone, maybe it will be standard practice to rely on UBI and it will have a decent value. But in the meantime, there will be huge resource allocation problems. We need people to defend themselves from big corporations that suck the money out of communities, such as Walmart, Amazon, Comcast, Verizon, large banks, Samsung, Apple, Monsanto, etc as they start automating jobs and paying less in wages.