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Universal Basic Income
SpednVolk 1DNcKr
replied 863d
It will either be so small an amount that it helps nobody, or it would just create inflation. Why? because you're taxing productivity, and rewarding inertia.
replied 863d
Also, those who inevitably get dependent on it will be slaves of "the system", i.e. willing to do all kinds of evil for it, "because otherwise I lose my income".
replied 863d
Now you may object, saying "but it is universal, everyone will get it", but obviously it will not. Some people will abuse the system so much that we will decide they do not count.
replied 863d
In the same way, we will find really likeable people who need more money (war hero widows who are pillars of society but with disease? Or whatever). Soon it's "amount based on need".
replied 863d
In other words, communism. Or you may say a system that incentivizes laziness and selfishness. Only now it is thoroughly state controlled, you are a slave.
replied 863d
Inflation is not bad, deflation is incredibly worse
replied 863d
When the value of goods drop the people producing the product will stop producing...
SpednVolk 1DNcKr
replied 863d
Or machines do it for less or it's outsourced, or both.
replied 863d
MacInnes=Product
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A MacInnes clansman, MacMaster of Glenaladale, raised Prince Charles banner at Glenfinnan. Four MacInnes men were killed and two wounded at the battle of Culloden
replied 864d
Reducing poverty will also reduce crime.