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by cgore
2992 days ago
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Basic Income is literally taking money from people by force of law (and therefore, threat of violence) and giving it to other people, against the first person's will. It is communism and completely antithetical to any reasonable definition of libertarianism. An argument that it's less bad than other forms of government-sponsored theft isn't exactly a solid libertarian argument. |
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I'm personally against BI in that pouring more gasoline on the inflationary fire is not going to put it out, but deflationary economics have never been popular - trying to get people to stop partying while they're having a good time is impossible, but so is bringing up the topic when they're hungover!
So long as the overriding monetary environment remains a biased towards centralized extraction, there most certainly is a libertarian argument in that those who wish to distance themselves from that technology should be able to, rather than being forced to cope within it.