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Economy

ParanoidFactoid

(17 posts)

5. Basic Income sustains status quo inequality

Reply to DetlefK (Original post)

Sun Feb 26, 2017, 01:00 AM

Feb 2017

I don't like basic income solutions either. My concern is it will ensconce the status quo of wealth inequality and neoliberal policy, making for a new aristocracy. People will be dependent on their basic income with no opportunity for upward mobility.

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Yes, automation will be a problem. [View all] DetlefK Feb 2017 OP

Automation was SUPPOSED to give us all more leisure. Instead it has given a thousand Squinch Feb 2017 #1

Just wait until factory-owners no longer have to pay any wages. DetlefK Feb 2017 #2

Yep. And we STILL won't have a national minimum wage. Squinch Feb 2017 #3

Tech CEOs back call for basic income as AI job losses threaten industry backlash HAB911 Feb 2017 #4

Basic Income sustains status quo inequality ParanoidFactoid Feb 2017 #5