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Joined 9 months ago
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Cake day: January 26th, 2025

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  • A UBI is a necessity for societies going forward.

    Basically, wealth inequality is so bad now that our economies and societies no longer serve the majority of people’s needs.

    So wealth redistribution is required to fix the problem, the question after realizing that is how to go about it.

    We can do a one time redistribution of wealth, but without fundamentally changing the system with regulations, incomes will inevitably become imbalanced again. This is what we did after the Great Depression with the jobs program that was the national parks and highway/railroad projects.

    IMO it’s better to just stop treating money like it’s harmless to allow excess accumulation. It would be better if all wealth were perpetually redistribed via a UBI, this would permanently maintain wealth equality. This is similar to what we did after the Great Depression in regards to corporate tax rates and setting a maximum profit.