Universal Basic Income is Capitalism 2.0

Re:Universal Basic Income is Capitalism 2.0 by ethanbond on Thursday July 30, 2020 @05:31AM (#23996188)

Or don’t do any of that, create a ridiculously simple tax (LVT) that has no dead weight loss, incurs no inefficiency, distorts no prices, reduces no ones freedoms, has no additional overhead (these values are already assessed/taxed in many places), and get all the same benefits.

[ Parent | on HN ]

Re:Universal Basic Income is Capitalism 2.0 by monadic2 on Thursday July 30, 2020 @04:14PM (#24002392)

Sure but then you have to deal with a real estate market resulting in irrational collective decision making.

Also, by all observation, the market is restricting the freedom of people to live under a roof in their own city.

[ Parent | on HN ]

Re:Universal Basic Income is Capitalism 2.0 by ethanbond on Friday July 31, 2020 @07:12AM (#24007534)

This system creates no collective decision making nor does it restrict any freedoms.

If you believe that it does, you should look further into the LVT proposal.

[ Parent | on HN ]