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If wealth redistribution is wrong, why are you encouraging us to give our money to the richest person in the world? Wealth is redistributed all the time, and b
by ramshorns 6y ago
If wealth redistribution is wrong, why are you encouraging us to give our money to the richest person in the world?
Wealth is redistributed all the time, and because of an economic system that rewards already being wealthy, most of the redistribution is from the non-rich to the rich. UBI is an attempt to mitigate that imbalance by providing for people's basic needs when the market has failed to. It doesn't solve all problems but it's a start.
I agree with you that GDP isn't a good metric of success to optimize for, though.
- r29vzg2 6y agoThe difference here is that the wealthy became wealthy by providing something of value. Wealth redistribution does the opposite, take from those that are providing value and give it to those that aren’t.
- ramshorns 6y ago> Wealth redistribution does the opposite, take from those that are providing value and give it to those that aren’t. Yeah, that's capitalism. The goal of UBI is to return some of that extracted wealth to the working class.