RE: Objections to Universal Basic Income

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Objections to Universal Basic Income

in economics •  7 years ago  (edited)

To create more employment we need to get rid of egalitarian Google and the vulture capital Silicon Valley so the software economy can begin to produce a zillion features and experiments.

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The problem is it goes against the logic of profits, seeking the more profitability for all companies in a current society of ultra productivity will always lead to situation where all market share can be filled with a fraction of population.

Otherwise need to do like in the farming industry and putting production quota to keep more people employed at lower productivity.

Incorrect. Demand is only limited by decentralization of imagination.

You French people are insane. Always have been and always will be Marxists. Please don’t reply.