I believe UBI is just communism and will lead to universal servitude. I need to read some Hayek and then I will post a more intelligent reply.
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I believe UBI is just communism and will lead to universal servitude. I need to read some Hayek and then I will post a more intelligent reply.
Hayek supported universal basic income. So yeah, read some Hayek.
https://www.libertarianism.org/columns/why-did-hayek-support-basic-income
Don't get serious on me now.
Besides that. Don't label it something. Just talk about it.
UBI will require a government. Where will they get their money from? Taxes? who will pay these taxes? Anybody who makes anything over the UBI. To me it just seems like quantive easing; recipe for hyperinflation.
Did you read my post?