Re:If You Think Basic Income Is “Free Money” or Socialism, T...
by Firadeoclus on Saturday October 28, 2017 @08:01AM
(#15574861)
> What we cannot have in the economy, is a large, and potentially exponentially growing, group of expenses without any useful work.
The solution would be to implement it so it forms a self-regulating feedback loop. It is indeed true (and tautological) that a basic income can only be as large as it can be. But it's also quite clear that in most circumstances this amount is not zero. And there is a lot of useful work done by people who don't get paid for it.
The solution would be to implement it so it forms a self-regulating feedback loop. It is indeed true (and tautological) that a basic income can only be as large as it can be. But it's also quite clear that in most circumstances this amount is not zero. And there is a lot of useful work done by people who don't get paid for it.