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enthulhusiastic | 1 year ago

but is changing the economy as a whole a fair characterization of UBI?

That’s a disservice to the existing complexity of modern economies.

Valid arguments not downvoted pls

discuss

order

sokoloff|1 year ago

I think the overwhelming majority of transactions can be characterized as a trade (of goods for money, services for money, work for money, money for other money (in form or time), etc.)

UBI seems quite different in that regard and, while it doesn’t invalidate everything, it introduces a lot more of money for nothing and a corresponding nothing for money trade that is required to fund it.