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> it's an insidious wealth concentration mechanism aimed at removing both the motivation and means for upward mobility. Wealth concentration mechanism? This se

> it's an insidious wealth concentration mechanism aimed at removing both the motivation and means for upward mobility. Wealth concentration mechanism? This seems like the exact opposite of wealth concentration to me. You're distributing money here. The removal of upward mobility? Again, I fail to see how providing a basic income removes upward mobility. It's quite literally the exact opposite. One of the most difficult parts of getting yourself out of poverty and moving upward in class socioeconomically, is the seed level funding required to bootstrap yourself through your non-earning period to earning period. Usually in most cases, that's the time required to get an education when you're hemorrhaging money on both sides (i.e. having to pay tuition on one end while simultaneously having less time to work in favor of being able to have time to study/take the classes you're paying for on the other).

clairity 7y ago
you've bought into the conceit of the whole thing. who doesn't want "free money"? but it's literally wealth redistribution, and which libertarian wants that? that "seed money" simply puts the poor in a deeper hole relative to the rest of the economy, as inflation stabilizes prices aronnd the new floor. moreso, wealthy folks have just staved off larger socioeconomic changes for what amounts to pennies. then think of an alternative world where labor and capital are equal partners in the optimal allocation of resources (the central promise of capitalism). labor is no longer in the dark about opportunity costs and accrued benefits and their fair share of it. consumers negotiate with corporations on equal footing so we get the fairest prices. as a free person, you no longer need a handout because you can negotiate fair wages and fair prices.
- lawrenceyan 7y ago
  > but it's literally wealth redistribution, and which libertarian wants that? To clarify, in your original comment you said that it was a wealth concentration mechanism. Are you now saying that it is in fact a wealth distribution mechanism?

clairity 7y ago

you've bought into the conceit of the whole thing. who doesn't want "free money"? but it's literally wealth redistribution, and which libertarian wants that? that "seed money" simply puts the poor in a deeper hole relative to the rest of the economy, as inflation stabilizes prices aronnd the new floor. moreso, wealthy folks have just staved off larger socioeconomic changes for what amounts to pennies. then think of an alternative world where labor and capital are equal partners in the optimal allocation of resources (the central promise of capitalism). labor is no longer in the dark about opportunity costs and accrued benefits and their fair share of it. consumers negotiate with corporations on equal footing so we get the fairest prices. as a free person, you no longer need a handout because you can negotiate fair wages and fair prices.

lawrenceyan 7y ago
> but it's literally wealth redistribution, and which libertarian wants that? To clarify, in your original comment you said that it was a wealth concentration mechanism. Are you now saying that it is in fact a wealth distribution mechanism?