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I'm not very educated in this department, so be kind. These are my thoughts. So what happens when inflation occurs (which it will) and offsets the "Universal

I'm not very educated in this department, so be kind. These are my thoughts. So what happens when inflation occurs (which it will) and offsets the "Universal Basic Income"? Isn't this just socialism?

more_original 12y ago
> Isn't this just socialism? No. "Socialism is a social and economic system characterised by social ownership of the means of production and co-operative management of the economy, [...]" http://en.wikipedia.org/wiki/Socialism http://en.wikipedia.org/wiki/Socialism