this post was submitted on 19 May 2025
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That's not true, though, fully equal wealth redistribution does create an incentive problem, but tax based redistribution, such as UBI, allows for ROI and Return On Time/Work. It's fair that the slaver class must pay more for work if the structural desperation of accepting slave level wages is eliminated, but there is direct economic growth from UBI/tax redistribution, from higher money flow/velocity, and so Return on slave's work can be positive, and certainly, the slaver/capital class still has all income/wealth trickle up to them.
You might like me, or like society enough, to help me/society for a fair price. You don't need to travel far if you're my neighbour. The $20 might be equivalent to a few beers. But even if you will only do it for $40, that is more beer sales, and more brewing workers/income, and more demand for lawn mowing.