News for hackers. Stuff that matters.
Re:Universal basic income: A nonprofit is about to test it i... by mason240 on Friday April 15, 2016 @02:49PM (#11506686)
Just the opposite actually. UBI will entrench capitalism as the basis for the economy, and rightly so, into the post-labor future. It will put the final nail in the coffin of already the already obsolete ideologies of socialism/communism/anarchism.
Re:Universal basic income: A nonprofit is about to test it i... by logfromblammo on Friday April 15, 2016 @03:33PM (#11507007)

  Capitalism:  Hey, Socialism.  Remember how you worked your ass off
    trying to make Communism happen?  From each according to ability,
    to each according to need?
  Socialism:  Ahhhh.  Don't remind me.
  Cap:  Check out what I did, as a hobby, after going home from work.
  Soc:  You... bastard.
  Cap:  To each according to need, from each according to how awesome I am.
  Soc:  I hate you.  You are literally the worst.  Most of those
    people aren't even *working*.
  Cap:  I'd love to talk more, but I need to be on Mars soon,
    on a rocket built without taxes.
  Soc:  Yeah, you'd better run!  Jerk.
Re:Universal basic income: A nonprofit is about to test it i... by norea-armozel on Monday April 18, 2016 @09:04AM (#11519545)
"It will put the final nail in the coffin of already the already obsolete ideologies of socialism/communism/anarchism."

I doubt that very much considering that most of the western world is in some form of social democracy (Fabian-like socialism). If anything, capitalism is on it's last legs due to the fact it's unable to continue to exist without turning humans into the hover-pod marshmallow people from Wall-E. A species that has to consume everything in sight without any natural check to its growth will inevitably be constrained by the physical limitations of its environment and it's technologies.

Re:Universal basic income: A nonprofit is about to test it i... by mason240 on Monday April 18, 2016 @09:48AM (#11519822)
Social democracy is very much based on capitalism, and it can't support it's social programs without taxing gains of the capitalistic economies.

Inserting the word "social" into "social democracy" is the greatest propaganda trick socialists have ever pulled. It lets them take credit for an existing, functional system that they want to destroy. It's classic bait and switch.

If anything, "capitalist democracy" is a far more accurate term.