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Comment by anovikov

This idea seems to be so cynical. So capitalists want to, flatten the distribution of social welfare: give more or less same money, but evenly to everyone. What will be achieved? Now it is received by the people who are deeply in need. You are not going to make much profit on them: people who are deeply in need are very frugal at spending their money, they are price-conscious by definition. Now everyone will get an even amount, and most Americans aren't poor by any standard, so the money will be spent to increase consumption of the non-essentials (increasing your profits), or to invest in stock (increasing your valuation). And then it is shown as a move to a better and more fair society.

They want 'good' consumers to consume more and multiply, and 'useless' poor people to die as quickly as possible (because $3000 is too little to pay for health insurance) and never have any children (because the UBI is not given to children, and so if you leave on UBI and have a child, you are instantly desperately poor, and no other means to support say, single moms, will exist). Social Darwinism, supply side!

What a cynicism!

parent anovikov 10 years ago

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