News for hackers. Stuff that matters.

A comment on Can Universal Basic Income Transform Society?. Parent comment

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.
[ Parent | on HN ]
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.

[ Parent | on HN ]