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Comment by
Iggy C (iggy-c) on
Competitive Universal Basic Services? ·
2020-11-09T17:28:30.983Z ·
LW ·
GW
Production is subordinate to consumption. The constraints is accountability, in a market system, competition is the accountability, while in a public service directed system, the accountability is transparency and votes. Money is essentially like votes (ie shop local). So a basic income without condition gives everyone more "votes" for goods and services, and markets will reorganize. The government then only has to focus on anti-trusts, breaking monopolies, fostering competition.
One person's expense is another person's income.
Here's another view:
https://medium.com/discourse/the-economy-is-a-giant-vending-machine-20edc1348694