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UBI is an allocation question, not a total question. If GDP 2x's and labor becomes less scarce (and therefore less powerful), it's as possible that all those g
by ethbr1 2mo ago
UBI is an allocation question, not a total question.
If GDP 2x's and labor becomes less scarce (and therefore less powerful), it's as possible that all those gains go to capital as anything else.
- UltraSane 2mo agoIt is both, because people fight over allocation a LOT less if there is more to go around.
- ethbr1 2mo agoAnd yet current state ~5-13% of Americans are food insecure, despite GDP being large enough to support sufficient food for all. In aggregate, capital is not particularly humane, left to its own devices.