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New Legislation Proposes to Take Wall Street Out of the Housing Market
(www.nytimes.com)
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this post was submitted on 07 Dec 2023
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Capitalism and its endless profit motive should never be near the things that have direct effect on people's well-being and livelihood. All the human basic necessities should be capitalism free, housing, healthcare, education.... etc... If you want to built a better and healthier nation of course, but no one cares about the nation, money is above everything to these sick fucks.
I kind of agree, but has this ever been done successfully? It seems to me at some point you disincentivize work to the point it all collapses
It's a fair question. The first universal basic income experiments have just begun in the last few years. Based on this article there's been a little success at least.
https://globalaffairs.org/bluemarble/multiple-countries-have-tested-universal-basic-income-and-it-works
I think we're only recently getting to a level of technology that we need less human workforce and can still prosper when inevitably some choose not to work.
Thanks, I am in favor of UBI, but like anything else I think the cost of everything will just rise to eat it up. With various trials going on, we should have better data soon