trwnh.com/unified.test.hugo/content/monologues/ubi-and-capitalism/index.md

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title = "the problem with universal basic income"
summary = "market forces on basic needs need to be abolished"
date = 2018-03-15T21:00:00-05:00
source = "https://mastodon.social/@trwnh/99691112300163044"
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my only problem with UBI is if you're going to guarantee a basic income then why not just guarantee the basics and cut down on the bureacracy? also you can't just give everyone a lump sum of money and not expect a market to react to that flood of monetary supply -- market forces on basic needs need to be abolished

tldr UBI is a bandage on capitalism in the same way the New Deal was, but even less accountable
consolidate offshoot projects into main domain 2024-09-26 22:54:41 +00:00			`+++`
			`title = "the problem with universal basic income"`
			`summary = "market forces on basic needs need to be abolished"`
[WIP] lots of cleanup and polish 2024-10-16 05:34:37 +00:00			`date = 2018-03-15T21:00:00-05:00`
consolidate offshoot projects into main domain 2024-09-26 22:54:41 +00:00			`source = "https://mastodon.social/@trwnh/99691112300163044"`
			`+++`

			`my only problem with UBI is if you're going to guarantee a basic income then why not just guarantee the basics and cut down on the bureacracy? also you can't just give everyone a lump sum of money and not expect a market to react to that flood of monetary supply -- market forces on basic needs need to be abolished`

			`tldr UBI is a bandage on capitalism in the same way the New Deal was, but even less accountable`