(January 6, 2024 at 12:49 pm)The Grand Nudger Wrote: Why would it be? In what way does a ubi interfere with the private ownership of trade and industry? How would it interfere with for profit enterprise?
For the low price of eradicating oligarchy we could increase the free flow of capital between producers and consumers. With a ubi conceived as stakeholder profit we could likely eliminate many social services and welfare contracts. The grain industry might get gutted, I guess?
There are problems with today's implementation social/welfare programs that can be fixed, mitigated, or perhaps even eliminated by shifting gears to implementing a UBI, such as the wasteful & unnecessary overhead involved in running those programs, and the scams & fraud involved.