RE: Ethics and Morality of Basic Income.

[heretickitten]

Not if the productive people are able to use a machine that allows them to be worth the labor of more than one person.

Comments

[earthcustodians]

Even if the state was to contribute to a private basic income source, all that matters is that control of the basic income is put into the hands of the people, by the authority of code, or other non-violable or manipulable mechanism.... The true word for basic income is this: Free money.

Do you understand economics? You really think money grows on threes? Are you aware that economics has been manipulated since ever by the very few? You want people to decide how much money they need for themselves, the choice to live in a house or condominium? How serious is that?

What is value and who quantifies it, who will also define what and HOW MUCH an individual needs to live? if everybody gets the same, sorry that is collectivism.

Printing money (digits on a computer) is also inflationary, HYPERinflationary (our housing bubble is still there almost as big as it was before it popped in 2008), and this means that rationing will be under tight control so production and consumption do not go out out whack. Wanna a 2nd ice cream? NO... want a 2nd laptop: NO... etc...

moreover, it is the deep knowledge of economics that condones a money-free system, simply because there wont be any job... and the passion of doing what one really wants will REMAIN the only currency.

Obsolete — Full Documentary Official (2016)