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by secstate
810 days ago
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This space is too small for a philosophical debate about the merits of UBI. Suffice it to say, when the top 5% has 1,000x more than they need for subsistence and the bottom 25% has never had access to more than 1x more than they need for subsistence, nothing will ever change. And more to the point, because having 10-20 times more than you need for subsistence has a demonstrable impact on your ability to generate more wealth 1) some will always get richer and pull away from the majority over time and 2) eventually the majority of people without subsistence amounts of wealth will rise up and kill you. Maybe that wont happen in our current system for a generation or two. But then the question those 5% at the top have to ask themselves is whether they feel lucky to avoid an uprising against them in their lifetime. |
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