Comment by okanat
9 hours ago
I agree. Some libertarian economists noticed that endless growth demands slavery-like conditions and the economic collapse one way or another. They are trying to back away without using the s-word and invent half-baked solutions like UBI.
UBI by itself will not solve the problems. It will only drive exorbitant inflation. Implementing UBI requires socializing many institutions and nationalizing big companies. People who control the biggest portions of the economy will not give their power up without a war.
> Some libertarian economists noticed that endless growth demands slavery-like conditions and the economic collapse one way or another.
Which economists? That doesn't sound libertarian at all. Libertarians who support UBI typically do so because they see it as a pragmatic alternative to inefficient welfare systems. They certainly wouldn't support abandoning market based economics.