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A comment on Universal Basic Income is Capitalism 2.0. Parent comment

Re:Universal Basic Income is Capitalism 2.0 by throwawaygh on Thursday July 30, 2020 @12:11AM (#23994601)
"Caring for the elderly is a weakness."
[ Parent | on HN ]
Re:Universal Basic Income is Capitalism 2.0 by airstrike on Thursday July 30, 2020 @09:46AM (#23998028)
"Putting words in people's mouths is fun"

Caring about the elderly is entirely besides the point I'm making

[ Parent | on HN ]
Re:Universal Basic Income is Capitalism 2.0 by themacguffinman on Thursday July 30, 2020 @01:17AM (#23994931)
No, but a massive, disproportional share of your population caring for the elderly is a real weakness. A market economy would weigh and value "caring for the elderly" in balance with other priorities, whilst UBI volunteers are free to care for the elderly too much, sacrificing limited resources that are needed to keep a society competitive in other areas.
[ Parent | on HN ]