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Re:Can Universal Basic Income Transform Society? by ryandrake on Wednesday July 17, 2024 @10:39AM (#40986420)
...drinking clean water, breathing in clean air, on his way to buy safe, disease-free food from the supermarket...
Re:Can Universal Basic Income Transform Society? by hellojesus on Wednesday July 17, 2024 @10:43AM (#40986459)
All of this could just as well be created by the private sector.
Re:Can Universal Basic Income Transform Society? by tetris11 on Wednesday July 17, 2024 @12:04PM (#40987372)
Fiduciury duty, and the lack of a regulatory body to ensure some semblance of actual competition means that that private industry would likely not act in the interests of the public
Re:Can Universal Basic Income Transform Society? by hellojesus on Wednesday July 17, 2024 @01:10PM (#40988016)
The public only has an interest in public goods. And those are still provided by the state. Private goods should be influenced by private transactions, and competiton guides those to optimal market-based outcomes.
Re:Can Universal Basic Income Transform Society? by tetris11 on Wednesday July 17, 2024 @02:06PM (#40988626)
You're advocating for the privatization of clean drinking water, breathable air, and disease-free food. Have you seen what has happened to the UK in the past 10 years? Do you still believe that privatization was a net benefit there?

The only way to guarantee competition is to punish predatory practices of large companies against small ones, which means, surprise, regulation.

Re:Can Universal Basic Income Transform Society? by jakelazaroff on Wednesday July 17, 2024 @12:01PM (#40987341)
We have an overwhelming amount of evidence — accrued over more than a century — showing that no, it couldn’t.