Hacker News new | ask | show | jobs
by omikun 56 days ago
People complain UBI doesn’t make mathematical sense doesn’t realize our current economy doesn’t make mathematical sense either. All this prosperity we in the developed world get comes at the cost of extracting wealth from the rest of the world and all government taking on ever more debt.
1 comments

That's an absolutely enormous claim to make with zero evidence.
The modern (social or economic) history of China, Europe, Russia, UK, US are all good case studies. In aggregate, I think they underscore the reality of the system. Every year we now have high profile people coming out of the system screaming about how insane it is: bankers, traders, politicians, military intelligence. If you had to boil it down to a single book debunking late 20th century pax Americana international macro-economics, it's hard to go past Confessions of an Economic Hitman, although not written formally. I've personally had chapter one verified by an Indonesian diplomat. Alternatively, take the quippy summary of a world-recognized capitalist, George Soros: Classical economics is based on a false analogy with Newtonian physics.