Comment on German experiment gave people a basic monthly income – the effect on their work ethic was surprising

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rikudou@lemmings.world ⁨6⁩ ⁨days⁩ ago

We live in a real world, not a hypothetical scenario. There are multiple stores and they’re all either in a cartel or just blindly copying each other in extracting the maximum value out of their customers.

This brings them more money, they pump more into marketing and voilà, only the shitty stores remain. If a newcomer joins, you can enjoy a few pretty good years until they inevitably join the shitty cartel or cease to exist.

So yeah, that’s a problem of capitalism but that doesn’t mean it’s not a problem to make UBI actually ever work.

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