Posts

Comments

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