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A comment on India floats the idea of a universal basic income. Parent comment

Re:India floats the idea of a universal basic income by perfmode on Tuesday February 07, 2017 @08:23PM (#13594844)
> b) the more work is done by machines, the richer the population as a whole will be, as products and services automated tend to be cheaper

This assumes the existence of a "good" distribution of generated wealth. This tends to not be the case.

How does that factor into your thoughts?

[ Parent | on HN ]
Re:India floats the idea of a universal basic income by felipeccastro on Wednesday February 08, 2017 @10:54AM (#13599147)
The less money you need to buy goods and services, the richer you are because your money is more valuable.

You don't need a direct money transfer from big companies to benefit from them.

[ Parent | on HN ]