Thanks for sharing your opinion. You're essentially correct, but there are some differentiating features.

First, in order to get shares for yourself, you have to sponsor shares for somebody else. This creates a more diverse membership and encourages supporting people that might not have the liquid funds to join voting clubs.
Second, upvoting the posts made by the @steembasicincome account is not required, whereas for most voting clubs there is some requirement in that regard.
Finally, the upvotes are individually weighted for each member, based on typical weekly posting behavior, so it doesn't pressure members to publish when they wouldn't otherwise, just for their daily upvote.

If your philosophy is that individual posts should be rewarded, rather than individual members, than you are free to disagree and not participate.