[foxrob92]

I feel like the author has a weird conception of what capitalism (and socialism) is. They seem to conflate market economies with capitalism, when capitalism is just a mode of economic production where the means of production are owned by people other than those who operate them. It's an economic system where you have a Capital - Wages - Profit cycle.

>is some sort of socialism, where the government introduces new laws and systems to redirect money to attempt to balance the system manually

"The government doing things" is not socialism. Socialism is when the means of production are socially owned (usually by the people who operate the means of production). What the author is talking about here is "welfare statism" [1], and IMO UBI is just welfare statism taken to an extreme.

That being said, I'd definitely agree that UBI (under a capitalist state) is a way to keep capitalism ticking along.

[1] https://en.wikipedia.org/wiki/Welfare_state