4 ms·
> UBI just takes risk out of this equation so A does not have to lend to B in order for this to happen. For society, the risk is that A is more efficient at in
by Aunche 7y ago
> UBI just takes risk out of this equation so A does not have to lend to B in order for this to happen.
For society, the risk is that A is more efficient at investing money than a blind redistribution scheme. That's a multi-trillion dollar gamble.
- edmundsauto 7y agoIsn't it a case of investment efficiency versus efficacy? If all you care about is capital increasing capital, then efficiency is a good measure. If you care about how the increase in capital impacts peoples lives, then giving $1 to a billionaire is less effective than someone on minimum wage.