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Basic income is a monetary illusion. Here’s how the trick is done and why it always fails....Why the JG is superior to a BI. Basically, a JG increases productivity, offsetting resource use, whereas a BI does not. It's a matter of contribution to the economy — give and take — versus take only.Neil also makes the important point that rights entail corresponding responsibilities and emphasis on rights alone is a perversion of liberalism. New WaylandThe Basic Income IllusionNeilW
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Basic income is a monetary illusion. Here’s how the trick is done and why it always fails....Why the JG is superior to a BI. Basically, a JG increases productivity, offsetting resource use, whereas a BI does not. It's a matter of contribution to the economy — give and take — versus take only.Neil also makes the important point that rights entail corresponding responsibilities and emphasis on rights alone is a perversion of liberalism. New WaylandThe Basic Income IllusionNeilW
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Basic income is a monetary illusion. Here’s how the trick is done and why it always fails....
Why the JG is superior to a BI. Basically, a JG increases productivity, offsetting resource use, whereas a BI does not. It's a matter of contribution to the economy — give and take — versus take only.
Neil also makes the important point that rights entail corresponding responsibilities and emphasis on rights alone is a perversion of liberalism.
New WaylandThe Basic Income Illusion
NeilW