We should not have UBI as that implicitly continues the need for money. Instead we should work towards a world with Universal Basic Resources, or even not so basic resources, if it can be automated.
Currency isn’t the problem, and you really need to keep that concept separate from the issues that happen within Capitalism.
Currency is just a convenient method to measure and exchange resources.
Very few people desire an allocated home and weekly rations of flour, chicken, and butter. If you instead give them a list of things they can choose from, and assign ratios and a limit for total resources, all you’ve done is create a new currency.
We should not have UBI as that implicitly continues the need for money. Instead we should work towards a world with Universal Basic Resources, or even not so basic resources, if it can be automated.
Currency isn’t the problem, and you really need to keep that concept separate from the issues that happen within Capitalism.
Currency is just a convenient method to measure and exchange resources.
Very few people desire an allocated home and weekly rations of flour, chicken, and butter. If you instead give them a list of things they can choose from, and assign ratios and a limit for total resources, all you’ve done is create a new currency.
Currency is prone to inflation. See other posts here about that.
That’s where I am too.
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