People said the same thing when 50% of people were out of work due to advances

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Jan 17, 2017
5:06:00pm

jvquarterback Walk-on

People said the same thing when 50% of people were out of work due to advances

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jvquarterback

Bio page: jvquarterback
Joined: Jun 10, 2011
Last login: Nov 23, 2024
Total posts: 6,812 (39 FO)

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Messages

Author

Time

Good writeup about the weaknesses of UBI (Universal Basic Income)

Zenoch All-American

1/17/17 3:14pm

Synopsis - socialism and communism don't work - never have, never will.

jvquarterback

1/17/17 4:26pm

UBI may be a necessary evil. It's not completely illogical to think that globalization and automation eliminate so many

HarlemCoug

1/17/17 4:57pm

People said the same thing when 50% of people were out of work due to advances

jvquarterback

1/17/17 5:06pm

agreed - but that doesn't mean that jobs will always be created. Eventually, it seems logical enough, that we will

HarlemCoug

1/17/17 5:16pm

A LOT depends on how it is implemented. I'm in favor of it IF it replaces all

jkccoug

1/17/17 4:58pm

And what are the weaknesses of not instituting UBI? Friedman promoted it.

Z-rex

1/17/17 5:36pm

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