While most UBI questions irritate me with their naivete, this one is a little more interesting. The asker intuits somehow that money might not work .
That is because the value of money is intrinsically set by supply and demand factors, an inherently self-interest rational motivation , which is the basic building block of a capitalist economy . It uses self-interest to motivate the production of additional supply when demand is high .
UBI is an intrinsically socialist idea, and individual self-interest will not maintain it. That is why socialist countries (fully socialist, not simply high-welfare democracies) eventually resort to ideological […]
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