3 ms·
> The point of a UBI is not to redistribute wealth. Right, technically the point is to redistribute the productive capacity of that wealth so that everyone has
by randomdata 3y ago
> The point of a UBI is not to redistribute wealth.
Right, technically the point is to redistribute the productive capacity of that wealth so that everyone has access to a minimum amount of its production.
But is there a meaningful difference? For all intents and purposes, capturing a share of the production is equivalent to owning a share in the wealth.