Think of it: The government prints more money or perhaps — god forbid — it taxes some corporate profits, then it showers the cash down on the people so they can continue to spend. As a result, more and more capital accumulates at the top. And with that capital comes more power to dictate the terms governing human existence.
UBI really just turns us from stakeholders or even citizens to mere consumers.
Meanwhile, UBI also obviates the need for people to consider true alternatives to living lives as passive consumers. Solutions like platform cooperatives, alternative currencies, favor banks, or employee-owned businesses, which actually threaten the status quo under which extractive monopolies have thrived, will seem unnecessary. Why bother signing up for the revolution if our bellies are full? Or just full enough?
Under the guise of compassion, UBI really just turns us from stakeholders or even citizens to mere consumers. Once the ability to create or exchange value is stripped from us, all we can do with every consumptive act is deliver more power to people who can finally, without any exaggeration, be called our corporate overlords.
No, income is nothing but a booby prize. If we're going to get a handout, we should demand not an allowance but assets. That's right: an ownership stake.
https://medium.com/s/powertrip/universal-basic-income-is-silicon-valleys-latest-scam-fd3e130b69a0
(Score: 0) by Anonymous Coward on Monday October 15 2018, @01:58PM (1 child)
I have owned cats before (mostly manx). If your pet owns you, you are a weak person which is believable.
(Score: 2) by Runaway1956 on Monday October 15 2018, @07:10PM
No, it's not the pet who owns him. It's the parasite that owns both the cat and the human. The toxoplasma gondii has actually domesticated both felines and humans, and carefully structured a dependency between the two species.
http://healthland.time.com/2011/08/18/crazy-cat-love-caused-by-parasitic-infection/#ixzz20qtNR465 [time.com]