Comment by thatcat

10 years ago

Engineering produces solutions to the problem the economy presents it. Its only going to solve the problems of poor people to the degree they can afford to pay for the goods and services designed. This could be a benefit of BI, redirecting some engineering focus from earners to non earners, who tend to live more economically sustainable lives by necessity.

I recommend you study some economics. A lot of the ideas you have seem to be a product of fear-based conjecture insted of knowledge. For example, you seem to not be aware that the economic development that market institutions facilitate makes goods/services more affordable for the masses, including poor people.

Did you read the articles I linked? What was your takaway from them?

  • You linked christian science monitor and an economist fluff peice fta: "take a bow capitalism," yea - quality, unbiased, non-ideological sources here. /s Neither mentioned the concept of BI.

    Obviously after implementing BI the economy may not adhere to previous economic models since youre changing part of it.

    What scientific studies would you reccomend? I dont consider ted talks to be a rigorous science community and I dont think its conjecture that products are designed for the people who will ultimately pay for them.

    • Please re-read what I've written:

      >Economists have looked at this and concluded that the spread of market institutions like private property rights has accelerated poverty reduction, because of the effect it has on capital allocation and incentives.

      This isn't specifically about BI. My point is that you're wrong to claim economic systems don't matter. You're applying very little critical thinking and intellectual integrity to this debate. What do you think you'll accomplish by lying to others and yourself?

      >You linked christian science monitor and an economist fluff peice fta: "take a bow capitalism," yea - quality, unbiased, non-ideological sources here. /s

      Both are considered highly credible media sources. Do you think they are lying when they state that the spread of market institutions is responsible for the largest reduction in poverty in world history?

      As for the TED talk, are you aware of who Paul Romer is? Do you know why he is considered credible? Did you watch the talk he gave, and the explanations he provided for why poverty has declined in various countries?

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