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Such a society is - and this is speaking entirely from an analytic standpoint, no moral judgement- an abomination to Moloch (http://slatestarcodex.com/2014/07/30/meditations-on-moloch/ …). The abomination is even worse with UBI, and x100 in a democracy where UBI recipients can vote.
This is not a commentary on justice or morality or any aspect of what "should" be. It is simply an observation about the world as it is, namely that it ruthlessly culls systems of the form "people can vote themselves welfare to play video games instead of working".
While ppl like @slatestarcodex somehow both understand Moloch and believe in UBI, I feel very strongly that basic game theory dynamics make "UBI + Universal Vote" clearly untenable. SocSec/Medicare already threaten to bankrupt the world's richest country through these dynamics.
Not that accurate long-term analysis has much to do with democratic policy - I'm not writing to influence legacy states. Rather, to explain to remainers and potential exiters why we must & will exit from the states whose decaying orbits will inevitably result in fiery death.
what if the level of the UBI can only be adjusted by a body that’s elected by a subset of the population… who have paid a poll tax… that’s set at exactly (n * UBI), n >= 1.0 …?
Totally, there are a bunch of ways to make it work better if you drop equal-weighted democracy. But the religion of democracy holds equality as a tenet, for now. Hopefully crypto will get ppl used to thinking of variable stake decision-making methods.
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