Submitted by pehnsus t3_10jlwlv in singularity
Capitaclism t1_j5n3w6v wrote
Reply to comment by SWATSgradyBABY in In case the non physical job apocalypse happens, what will you guys do? by pehnsus
UBI also requires more automation and productivity. As it is the US can barely pay its obligations, which happens in part on the back of the usd as a reserve currency. Watch and see what happens when that changes, some 5-10 yrs from now.
SWATSgradyBABY t1_j5o32z1 wrote
The US has no problem paying for anything in actuality. The rich suck the reserves dry and create a completely different economic outlook. Taxes are waaay too low. And they won't even pay the tax that is too low. Capitalism doesn't work. UBI within capitalism is fascism. So many are begging for it.
Viewing a single comment thread. View all comments