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2025-06-09 01:54:41 UTC
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AnthonyJK-Admin on Nostr: Also, in a capitalist system it would be too tempting for those not opposed to UBI ...

Also, in a capitalist system it would be too tempting for those not opposed to UBI because "WoRk EtHiC" to distort it into a justification for reducing wages or to use it to supplement their profits through price increases, causing inflation. This is one reason why most Marxists vehemently oppose UBI (they see it as a surrender to capitalism and inferior to Communist revolution), as well as most MMT'ers, who prefer expanding jobs through a Federal Job Guarantee).