Universal Basic Income + Automation + Plutocracy = Dystopia

Universal Basic Income + Automation + Plutocracy = Dystopia Op-Ed by Caitlin Johnstone Americans are discussing the possibility of a universal basic income (UBI) more seriously than ever before, largely due to the surprisingly popular campaign of Democratic presidential candidate Andrew Yang. Yang has made UBI the central issue of his platform, promising a “Freedom Dividend” paid for by a Value Added Tax on businesses which would give every American over the age of 18 an unconditional $1,000 a month to help offset the looming crisis of automation replacing US…

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Universal Basic Income: The Nail in the Coffin!

Universal Basic Income: The Nail in the Coffin! We Bring You This Critical Alert, Contributed By CrushTheStreet.com and Their Editor, Kenneth Ameduri, Who I regard as an expert on investing in these critical times. As we are well aware of here at CrushTheStreet.com, governments are inherently self-destructive. Similar to someone gorging themselves to death or a snake eating its own tail is the sustainability of an ever increasing and ridiculously bloated government that are all historically destined to fail. Take a look at what happens to sectors when government gets its clumsy hands on it. Healthcare……

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The Delusional Futurism Of “Liberal World Order” Academics

The Delusional Futurism Of “Liberal World Order” Academics By Brandon Smith Perhaps this is an overly broad generalization, but I feel there is an almost universal feeling among the public that there is something intrinsically annoying about academia. The source of this annoyance is up for debate, but I believe it stems from the image academics project versus the reality of their personal character and intent. Your average university approved academic will say that some people find them distasteful because they are “so smart”, and this makes others envious. I…

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How Universal Basic Income Could Be Used to Suppress Free Speech

How Universal Basic Income Could Be Used to Suppress Free Speech By Nathan A. Kreider Fears of job loss through automation have fueled advocacy for a Universal Basic Income (UBI) in recent years. Now that presidential candidate Andrew Yang has qualified for the first Democratic presidential debate, we can be confident that UBI will be a popular topic in the race for the presidency. Advocates for UBI describe it as an alternative to the bloated bureaucracy of the current welfare system. For this reason, the debate on UBI is largely…

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Another California City is Trying a Universal Basic Income: Will it Work?

Another California City is Trying a Universal Basic Income: Will it Work? By Andrew Berryhill Will this program be an improvement to the status quo, or just an ineffective waste of money? Starting in 2019, the city of Stockton will join San Francisco and Oakland in testing a “Universal Basic Income” (UBI) program that could eventually be expanded to a state or national level. The official website for the initiative explains: The [program] will provide at least 100 Stocktonians with a Guaranteed Income of $500 per month for 18 months. The Guaranteed…

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Elon Musk: Free Cash Handouts “Will Be Necessary” If Robots Take Jobs

Elon Musk: Free Cash Handouts “Will Be Necessary” If Robots Take Jobs By Aaron Kesel Elon Musk claims that universal basic income (UBI) — essentially, free cash handouts — “will be necessary over time if (AI) artificial intelligence takes over most human jobs.” Universal income will be necessary over time if AI takes over most human jobs — Elon Musk (@elonmusk) June 15, 2018 In November 2016, Musk previously told CNBC that automation would lead to the need for cash handouts; CNBC now reports: “There is a pretty good chance we end…

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