The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.
The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.
I think the fact is most people wouldn’t do certain work if they were wealthy enough to have a choice in the matter. The system relies on extreme poverty in order to coerce people into taking jobs they otherwise wouldn’t.
Any work that wouldn’t be done if we had a UBI should either be automated away or sufficiently well-paid that it would find workers even without the threat of poverty.
We don’t need to ritually kill a homeless person just so someone will pick up our trash any more than we need to do so for someone to tended to our elders dying of cancer.
Not a fact, an assumption based on an assumption baked into this economic system.
If I could live on the salary, I would prefer a manual labor job.