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RE: Minimum Wage Economics and the Debate for Humanity

in #money7 years ago (edited)

Calaber24p. UBI is a construct of capitalism which is driven By the unfair allocation of resources. Capitalism creates the ladder of opportunity and success that folks in the system can climb up. This ladder climbing drives the economy. UBI is designed for those who for whatever reason can not climb this ladder. In the zero marginal cost sharing society, the basic premis is equitable sharing of resources. if you contribute and add value, you get access to resources. When you add blockchain Monetary system, the need for large banks start to disappear. There is a need to pay for the infrastructure used by all in this space. Yes this is not taught in economics today. Great post upvoted and resteemed