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

+++ 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" +++

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