Posts

Sorted by New

Wiki Contributions

Comments

Sorted by
Iggy C10

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