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Yes the "U" is crucial. We must raise the price of labor, and the only way to do that without creating a market is to sidestep "labor" altogether and set a cons
by Ericson2314 6y ago
Yes the "U" is crucial. We must raise the price of labor, and the only way to do that without creating a market is to sidestep "labor" altogether and set a consumption floor for everyone.
Thank you for pointing out that elephant, but that's just the sort of thing UBI in fact aims to address.