this post was submitted on 10 Jan 2024
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Universal Basic Income to mean sounds like trickle up economics with extra steps. All of does is reward automation and inordinately support the wealthy.
What we need is a society that takes little stock in currency.
Edit: read my comment under here for better understanding. UBI is a capitalist solution to a capitalist problem.
What exactly do you think universal basic income is?
Wealth redistribution. The problem is that we funnel is directly back through purchases providing an inordinate amount of power to the owner class.
In a bizarre way our existence will be allowed only to subsidize the wealthy.
At that point we should ditch money all together.
Follow the money. It goes from the wealthy to the government (taxes), to us to the wealthy through our purchases. Repeat
Why on earth would we allow this profiteering middleman? At that point we should live under communism (not saying thats a bad thing). Its just simpler.
Those who own the means of automation will live lavishly while the rest of us are given just enough to not revolt.
And right now it goes from the poor to the government (taxes) to the wealthy, and we don't get fuck all.
You're saying you'd rather have nothing than have something.
Im saying if we are going to be making radical changes, which I am in favor of, why stop there?
Its like we cant even conceive of a world without capitalism.