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Wanting more is a fundamental human trait. Capitalism is built upon companies wanting more and competing against each other to get more profit. Doesn't that mot
by digikata 12y ago
Wanting more is a fundamental human trait. Capitalism is built upon companies wanting more and competing against each other to get more profit. Doesn't that motivation hold true for people too?
Basic income proposals offer a very minimal income. Most people will want more. Do they want to visit far away places, or drive a nicer than minimal car, or live in a larger home. There are many motivations to continue to work even if one has access to a basic income.
- dragonwriter 12y ago> Basic income proposals offer a very minimal income. And can only really (barring better production technology) only support that. If it targetted much more than minimal income now it would drive runaway inflation until the level at which the BI was set would represent only minimal income. The sustainable level of BI, in terms of the actual standard of living supported, is a function of productivity.