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Re:Universal Basic Income is Capitalism 2.0 by ethanbond on Thursday July 30, 2020 @06:39AM (#23996584)
Phrased another way: High productivity areas are high rent areas.

Do you dispute that?

Re:Universal Basic Income is Capitalism 2.0 by squeaky-clean on Thursday July 30, 2020 @07:25AM (#23996867)
If disagree with it. High income areas are high rent areas. Is a coal mine in West Virginia really "less productive" than a tech firm in SanFran?
Re:Universal Basic Income is Capitalism 2.0 by ethanbond on Thursday July 30, 2020 @07:34AM (#23996930)
Yes, in the economic sense of productivity, it is. Your high income = high rent is the same statement as what I’m saying.

The mechanisms are the same, though. Amazon putting HQ2 in a city causes rent to go up (higher productivity).

A coal mine developing a new, more efficient train to move coal around will also cause rent to go up (higher productivity).

Re:Universal Basic Income is Capitalism 2.0 by squeaky-clean on Thursday July 30, 2020 @07:47AM (#23997007)
1. You didn't provide any actual evidence or deeper claims than (putting something in parenthesis). I don't really believe the coal mine claim, as in reality we don't see that happening. Mining towns are still among the cheapest and poorest towns in America.

2. That's a really naive sense of economic productivity. Here is a thought experiment.

A) Let's shut down all of Amazon HQ1.

B) Let's shut down the dams that provide 86% of Seattle greater area's electricity.

Which one of these entities is ACTUALLY responsible for that "productivity" then? And I bet you rents in Seattle without electricity would drop far greater proportionally than they do out by the dams. Rent follows incomes, not productivity.

Re:Universal Basic Income is Capitalism 2.0 by ethanbond on Thursday July 30, 2020 @08:21AM (#23997241)
There is no deeper claim being made. We are saying the same thing. You can call it income if you'd like. A person's wages are some portion of their productivity. The distinction is irrelevant for this point.