910
UBI Cash Payments Reduced Homelessness, Increased Employment in Denver
(www.businessinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 Oct 2023
910 points (97.1% liked)
World News
32317 readers
687 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
Remember, we know how to address many of the world's problems, including poverty, homelessness, and climate change.
But those with capital in society choose not to.
Those with capital profit off of not doing so.
Like the one recent CEO saying the quiet part aloud by saying government should promote higher unemployment, since in the high employment environment employees aren't desperate and have more demands costing him money. That employees arent feeling enough pain and despair in economy.
To be fair, this isn't that far away from the economic theory underlying using interest rates to manage inflation - it's just phrased in a different way.
That's the problem with fractional reserve banking it's making up money for those who lend theirs. It's about extracting value from those who work for those who accumulate. It's not a tbf, it's a this is also an issue in every area of our society.
Ok we can all clearly see there’s a problem, what action should we take to effectively solve it?
There's the fight club method but good people generally avoid being terrorists...