AOC feints towards fully automated luxury communism

[the_borderer]

The comment, for anyone who is interested

Making sense of Basic Income proposals

In threads like these I like to envision the broken neoliberal implementation of UBI we’ll see in the U.S. (because if libertarians and conservatives are now being forced to talk about it, it’s inevitable): The UBI will be funded initially by eliminating all other welfare programmes, including a phase-out of Social Security as the Boomers die off. The monthly stipend will be around a base $1600 a month per citizen, adjusted for local cost of living. Minors get a reduced stipend (maybe 30% …

And my amendment to it

Making sense of Basic Income proposals

They could always copy the British. Savings accounts are allowed, but you can only save a certain amount (£6000 last time I checked) before your UBI starts getting cut. It’s great for the banks, but next to useless for anyone on welfare or in the working classes (For me it’s three months rent, food and bills, at best). Rich people will just put their extra money into a trust so they can keep getting the full UBI while still having access to the rest of their money.