News for hackers. Stuff that matters.

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

Re:Universal Basic Income is Capitalism 2.0 by baconandeggs on Thursday July 30, 2020 @06:26AM (#23996508)
I'm aware it's not perfect. I just don't think you realize you want to take exactly the thing that is wrong about our current situation and make it the core feature of society.
[ Parent | on HN ]
Re:Universal Basic Income is Capitalism 2.0 by alangibson on Thursday July 30, 2020 @06:36AM (#23996565)
The fundamental difference is that UBI would be subject to democratic processes. The private economy is not. Not that democracy is working all that well right now...

I don't want UBI; I want people to have some assurance they will be able to eat tomorrow.

[ Parent | on HN ]
Re:Universal Basic Income is Capitalism 2.0 by baconandeggs on Thursday July 30, 2020 @06:54AM (#23996689)
What we have now already is subject to democratic processes. In fact, that is the only reason UBI is even being discussed.
[ Parent | on HN ]