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I read an interesting perspective on universal basic income recently that suggested that it was MORE capitalistic than not: by freeing people from limits impose
by ergothus 8y ago
I read an interesting perspective on universal basic income recently that suggested that it was MORE capitalistic than not: by freeing people from limits imposed by needing to supply food/shelter for themselves/their families, it allows more participation in the market.
That seems a radical but obvious-in-hindsight idea to me: a majority of the population cant participate in the competition the system itself needs because they cant accept the risk of failure that the system requires of us. Meanwhile anyone who is already successful chides them about thow they should just work harder.
- rbanffy 8y ago> that suggested that it was MORE capitalistic than not That's an awesome (but not very honest) way to sell it to the leftophobic right. But, again, capitalism doesn't mandate small government and vanishingly low taxes.