Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

$500 a Month Basic Income

Market InsanityMy Thoughts
daniel , , , , , , , , , , , , , ,

Basic Income Question and Answer

Question: So basic income is necessary to save capitalism from itself?
Answer: Yes. Wealth should be redistributed so capitalism benefits everybody. If it is not anti-capitalist ideas like socialism and Marxism will become popular.

The best way to think of Basic Income is as capitalism for everybody. In today’s America only a few people enjoy capitalism, even though it is generating more wealth than ever. I want everybody enjoying capitalism, not just Jeff Bezos and Ivanka Trump.

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Politics
daniel , , , , , , , , , , ,

Good and Bad Basic Income

Something to remember is that a hungry man has every incentive to kill, pluck, and cook the goose that lays the golden eggs.
America is full of hungry people who are getting little or nothing from the current economic order.
They have no reason to preserve it, and every incentive to vote for extremists that would wreck our economy.

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