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by lb504
1988 days ago
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> If this still bothers you, please tell me what kind of organization would exist to support 25 years of false starts, and what needs to change to make that kind of organization exist. A Federal Universal Basic Income along with a Single Payer Healthcare system would go a long way to supporting 25 years of false starts for projects where the primary initial investment is intellectual labor. Many science, engineering, and cultural projects fit this description. |
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While I do believe there needs to be a first world floor to living conditions, I've come to more understand UBI as one more way of killing the middle class. It's the Supply side, a lack of competition, that is out of whack for many of the most expensive things in the US, and probably most other industrialized nations.
UBI increases how much the poorest can pay, it does nothing to limit how much can be demanded by the rent-seeking rich. In effect UBI is a subsidy to the rich and an attack on the middle class.