JamesSand Can UBI work with capitalism, or does it require that the State own all major life support systems and infrastructure? Not capitalism as it is currently practiced. Capitalism allows for a price to be set at what the market will bear (ie what people are willing to pay for goods) (Sandel, Justice, What’s the Right Thing to Do) and in those stores that are less expensive allows for exploitation (prison labor and labor outsourcing)
UBI might go a good way towards redistributing the wealth, but in general people need to be taught basic principles of money management over consumption, […]
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