3 ms·
Redistribution is zero-sum by definition.
by creddit 7y ago
Redistribution is zero-sum by definition.
- jerf 7y agoIt's worth modeling it as negative, because administration consumes non-trivial amounts of it, and in practice, often quite significant amounts of it. Part of the UBI idea is to reduce that overhead, though I'm at a loss as to how to ensure it stays low. The same politicians that turn our current system into a haphazard mess of special carveouts and regulations will still be in power and will have all the motivations (if not more) to add more carveouts and regulations to the new UBI.
- AnimalMuppet 7y agoCreate a new pot of money, and watch the vultures descend. Everybody's going to want to grab a piece.
- oDot 7y agoYes, I was not talking about the UBI part, but the voluntary transaction part.