Re:My own private basic income
by dredmorbius on Thursday June 29, 2017 @07:00AM
(#14662212)
"Underrewarded" would probably be better wording, though "priced" fits with the terminology I've used elsewhere (I try to be consistent, I'm not always).
Some of these are underpriced, in the sense that the price doesn't repay the contribution.
Some are overpriced, in the sense that those who would benefit highly from access cannot afford them. (Though that might also be considered an inssuficient provision of income or spending power.)
The overall outcome is that a resource allocation which would improve net social common weal isn't made, that is, the goods or services are underprovisioned as a whole.
Some of these are underpriced, in the sense that the price doesn't repay the contribution.
Some are overpriced, in the sense that those who would benefit highly from access cannot afford them. (Though that might also be considered an inssuficient provision of income or spending power.)
The overall outcome is that a resource allocation which would improve net social common weal isn't made, that is, the goods or services are underprovisioned as a whole.