You are viewing a single comment's thread from:
RE: Universal Basic Income is Communism 2.0
The UBI would be sustainable if that system could have the capacity to produce what is demanded, what happens is that I do not believe that a productive socialist / communist system can achieve production levels to exploit those resources and create the wealth demanded by the consumers, in such a way that the problem of inflation would continue to exist.
I do not see it possible for UBI to work, for me, there is no easy road, we have to work and create wealth, only abundance will allow prices to fall for consumers.
We went into the pure mathematic realm discussing about non-finite resources. Infinity is a tricky case. Can a person win 500 lottery jackpots in a row? If this person is given infinite chances, the answer is YES.
The capacity to produce what is demanded in a commie system is still not an absolute zero. Given enough time a person could figure out all the private-public keys in BTC using a 5 year old smartphone.
UBI is unsustainable in a realistic scenario. Period. But it can work under unrealistic fictional conditions.