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by instig007 133 days ago
> create cultural wealth and people who create mere monetary wealth

the wealth in this case isn't monetary, it's material production, the productive work of people who create material objects, including your food and shelter. If it was about monetary stuff the government would just print the artists whatever amount of money they need. But that money has to be spent to buy from those who produce the stuff the artists need to live. Who's sponsoring the wealth producers?

1 comments

The UBI money gets spent by the artist though, some on food, probably more on rent. The rent money probably gets hoarded by the landlord, the other goes to people selling real objects. That is real money back into the economy.
the unearned money gets spent on real produce you were to say.