Submitted by robottroymacclure in CapitalismInDecay
What is Raddles opinion on the Universal Basic Income? is it a worthwhile way to ameliorate social inequality by just giving people money? would you accept it if it might turn into a tool of social control down the road? what are your thoughts?
jaidedctrl wrote
It might be a social good in the very short term, but you'll see welfare and important public services being cut almost immediately— and the UBI given to people won't be enough to make up for it. It will hurt people more than help them at that point— and even then, it'll dwindle to a smaller and smaller amount until it's almost useless, like every other safety net eventually does. We'll be stuck in this terrible loop until we abolish Capitalism.