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wobble

(16 posts)
1. I like these articles!
Thu Mar 17, 2016, 01:42 PM
Mar 2016

This would be a fantastic proposition for the United States. Unfortunately, this probably does not jive with the capitalist system. If the capitalist sees diminishing returns to his investment in capital, the capital investment slows.

I could spend hours just coming up with economic fluff arguments that could convince ignorant people to believe that this sort of idea would be a detriment to society. It is shocking how easy it is to mislead people about economics and personal finance. We could start by ingraining personal finance and economics principles into our society through compulsory education throughout the developmental years of ones life. I could see that as a legitimate step in the right direction within the capitalist system so loved by our Oligarchs.

I am a strong proponent of the Universal Basic Income, but there is no way that it could be accepted by our government's owners. Capitalists will simply not allow labor to derive direct benefit from their capital, unless they are so graciously given this benefit by the capitalist in the form of wages (or other benefits).

Vox did an excellent YouTube video about this issue, they dove into the history of the concept and how it was obliterated by the controllers of the government.

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