pull down to refresh

Do you think that in a much less distorted market, one that could better be described as free, that such things as fraud or nepotism would be less common?

Yeah I think so. Nic’s employment data makes it seem like no one in America wants to work but in my experience most people do want to work but can’t find a job that pays well.

This essay fails to recognize how globalization lead to the UBI and fraud he’s mentioning.

People don’t believe hard work and merit can help you rise the economic ladder when companies systematically race to cut costs by any means necessary.

reply

but I think that's his point. more and more people can't provide skills that pay a living wage. but we also can't pass formal UBI politically. so it happens though back channels and fraud is one of those back channels

reply

Yeah because of globalization to drive the cost of labor down to zero

reply

Yes and that's the typical case for supporting higher tariffs

reply

Post scarcity society? nonsense

Galbraith attempted the same trick with his nonsensical book the Affluent Society

Rawls's Theory of Justice is in the same category

reply