Re:What Is the Point of Universal Basic Income?
by Kaiyou on Sunday February 02, 2020 @10:49AM
(#22217421)
You're stranded on an uninhabited island and got a robot army fulfilling your every wish.
...why again do you need customers?
Re:What Is the Point of Universal Basic Income?
by iso947 on Sunday February 02, 2020 @11:27AM
(#22217696)
There were major benefits of things like the new deal - massive road systems, parks, etc which allowed America to prosper for the next century.
Mass infrastructure investment would be great, trouble is we need educated workers now, not day labourers, so we need to combine the infrastructure building with education both formal and on the job, ideally at a part time rate, say 3 days a week
Otherwise we have Great Depression again, when there was a lot of production, but public simply didn't have any money to buy it.
The solution last time was to basically distribute money to poor, e.g. fund mega-projects with tax money. I feel like UBI sounds pretty much like that as well.