Basic income actually helps solidify capitalism believe or not. These capitalists supporters are embarrassing under equipped on their own economic system. In fact every capitalist should be cheering it on, especially if they are Malthusian and Keynesian. So how does basic income help solidify Capitalism, and shouldn’t ever be associated with such Socialist thought?
Basic income isn’t supposed to be thought as payment from a vacuum, it works exactly like the capitalist system only that the recipients are expanded. In fact many capitalists and liberal thinkers do want to support it. Why is that, is it because of this automation […]