I think capitalism would survive just fine with UBI.
I don’t think prices would automatically cancel out the money, because prices are still subject to competition.
As for whether people would still work after their basic needs are met, obviously. The evidence is people who are beyond subsistence and still seeking more money.
Yes I’m in favor of UBI.
I think capitalism would survive just fine with UBI.
I don’t think prices would automatically cancel out the money, because prices are still subject to competition.
As for whether people would still work after their basic needs are met, obviously. The evidence is people who are beyond subsistence and still seeking more money.