The idea behind Universal Basic Income is industry will be automated, a few assholes will own everything produced, but give away a tiny bit.
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That's not the idea. Inequality is reduced with basic income and everyone gains the power to say no to wage slavery.https://medium.com/basic-income/cutting-the-gordian-knot-of-technological-unemployment-with-unconditional-basic-income-e8df7f8eaa16 …
Which is, I'm sure, why it is being most strongly cheer-lead by tech billionaires who have spent their lives crushing worker's movements.
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Have you considered the possibility that loss of consumer buying power due to automation is scarier to billionaires than higher wage costs?
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No customers means no profits. The rich can either pay higher taxes and accept workers with more bargaining power, or their corps can fail.
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UBI has many very different advocates, varying rationales and assumptions. You're making a basic logical error here... which surprises me.
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Right. There's the techno-libertarians and then there's the fully-automated luxury space Communists.
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Basic income is political cover for cuts and privatization
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Just think of it as a stepping stone to Communism. People will have more free time to plan how to sieze the means of production.
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Remember tech billionaires have the loudest voices. I t doesn't follow their position is the central case for UBI.
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Can be seen as class collaboration (or give people some crumbs before they do a Russian revolution on us). Health care is good crumbs though
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