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by akvadrako 1993 days ago
> Whatever people mean when they say inequality, I don't see how a UBI can help.

Because it allows people to take risks that are normally only available to the financially secure, like starting a business.

1 comments

The most successful story of new businesses starting in the last century has been what, Silicon Valley? Inequality is very high there because the people who started businesses sometimes became filthy rich and hired a bunch of overpaid engineers to help run the new businesses.

Nothing wrong with the argument that UBI gives people opportunities. It may well do that. But if it succeeds at that, it is decent evidence it will increase inequality.