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by barrkel
3289 days ago
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What's wrong with moochers collecting cheques? Is there some inherent value to you in there being no moochers out there? Or to put it another way, is it necessary to monetize all valuable interactions and behaviours so that we can reward them with our negative income tax? Is monetisation itself a good thing? Or is it sometimes a bad thing, but a tool, possibly not always appropriate? |
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If I make no money, what stops me and a friend from starting two poem writing companies. He pays me 2k a year to write him a couple poems and I pay him 2k a year to write me a couple poems. Both of us end up making 18k a year profit and neither of us has to work.
It's a silly example, but the point is that not providing UBI to people who don't work... just means you create corruption to provide just enough work to get past the bar. So why bother?
Yes, we do want to incentivize productive behavior but denying UBI won't work and the harder you try to make rules as what qualifies as productive, the more you end up distorting the labor market.