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Re:Universal Basic Income is Capitalism 2.0 by claudeganon on Thursday July 30, 2020 @08:46AM (#23997449)
The “law” of supply and demand doesn’t even work across all categories of the economy, so it’s not at all like the law of gravity.

https://www.businessinsider.com/supply-and-demand-model-of-l...

Re:Universal Basic Income is Capitalism 2.0 by Nasrudith on Thursday July 30, 2020 @11:39AM (#23999419)
A model working and producing a personally.desired outcome are two separate things.

The assumption of a labor shortage because of low nominal unemployment is incorrect - the gig economy is thin margin as it is even with poor pay. It utilizes the previously "idle" labor in a marginal business model but without sufficient demand in other sectors it only provides a low floor.

Re:Universal Basic Income is Capitalism 2.0 by nec4b on Thursday July 30, 2020 @09:02AM (#23997598)
You are citing a political opinion from a newspaper to prove somehow supply and demand is not a natural law. What is next, an article in Astrology Today arguing 1 + 1 != 2.