You seem to be confusing a basic income with minimum wage, which is a completely different thing. The apple sellers are also receiving the basic income, so whilst you are free to raise your prices, others will not, and you will lose out.
Did people like Milton Friedman and Friedrich Hayek, who were proponents of a basic income, overlook this basic point, or is it in fact you who "doesn't understand capitalism" and is "smoking crack" (your words).
(I don't mean to be hostile, but your tone really doesn't help your argument.)
Did people like Milton Friedman and Friedrich Hayek, who were proponents of a basic income, overlook this basic point, or is it in fact you who "doesn't understand capitalism" and is "smoking crack" (your words).
(I don't mean to be hostile, but your tone really doesn't help your argument.)