Re:Universal Basic Income is Capitalism 2.0
by rumanator on Friday July 31, 2020 @02:44AM
(#24006286)
> The UBI must be indexed on the cost of life and updated every year.
That makes no sense at all. UBI is just an income redistribution scheme, thus it can only work if it's linked to productivity. Otherwise you create a system that's bound to fail and collapse in the times it's needed the most: an economic crisis.
That makes no sense at all. UBI is just an income redistribution scheme, thus it can only work if it's linked to productivity. Otherwise you create a system that's bound to fail and collapse in the times it's needed the most: an economic crisis.