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by kfk
4613 days ago
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I will never support this idea. This is kind of thinking is extremely nationalistic: I am entitled to free money because I was born in XYZ. On top of this, this idea has very weak economics fundamentals, there is no prove that growth comes from redistributing wealth. There is plenty of prove growth comes from innovation and innovation comes from people actually working. We are in denial. The whole Europe is in denial. We don't realize the only way out of this mess is working more and cutting public spending. Instead we propose the exact opposite. |
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It's just a technical change in the way we redistribute wealth. Do you think that wealth redistribution is wrong? There are many arguments suggesting that zero wealth redistribution is not the optimum.
> there is no prove that growth comes from redistributing wealth
I'm convinced that wealth redistribution leads to higher aggregate utility. Whether it leads to higher nominal growth, I don't know.
> Instead we propose the exact opposite.
Basic income would make public spending more effective.