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blitmap | 5 years ago

To me it seems like we're just trying to navigate a way to a post-scarcity society with the least amount of backlash/damage.

We could give people money, or we could say "up to so many kilowatt/hours this is free" or "you are entitled to this set-amount of groceries for free". Or to combat prices that inflate for UBI, the government could be reporting what is a reasonable price.

Man I wish I had taken economics. I truly don't know all the ways this could harm us.

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jimbokun|5 years ago

> We could give people money, or we could say "up to so many kilowatt/hours this is free" or "you are entitled to this set-amount of groceries for free".

The point of the article, is that centralized planners are really bad at calculating these things, thus the eventual collapse of the Soviet Union and China moving to a much more market based economy.