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UBI is not socialism. If I attached conditions to how that money is spent, it might be socialism...which is why I believe we cannot had conditions to it. I thin
by SubiculumCode 6y ago
UBI is not socialism. If I attached conditions to how that money is spent, it might be socialism...which is why I believe we cannot had conditions to it. I think of it more as an inheritance. Personally, I'd advocate for a taxation free version of UBI, i.e. funded by fiat currency, and added as a policy tool to the Fed to control inflation and employment.
It is a fact that if you grow up near a financial cliff, people will fall off of it. That is not a productive way to conduct a society. It wastes productivity.