RE: Objections to Universal Basic Income

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Objections to Universal Basic Income

in economics •  7 years ago 

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.

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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.