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benjamin melançon
benjamin melançon
@mlncn@social.coop  ·  activity timestamp 4 months ago

Usually on point, but @pluralistic makes a very easily falsifiable claim in this essay, https://pluralistic.net/2026/01/05/fisher-price-steering-wheel/#billionaire-solipsism

"Billionaires love UBI"

If that were true, we would *have* universal basic income.

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benjamin melançon
benjamin melançon
@mlncn@social.coop  ·  activity timestamp 4 months ago

(Some) billionaires like people talking about universal basic income because it punts solving all the problems they are causing and profiting from to the future. They hate actual #UBI (at any meaningful livable amount) because that would mean a drastic decrease in their bargaining power – people would not work at such exploitative wages – and at the same time many people would use the income to work for a better world— a world without billionaires.

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Michael Graaf
Michael Graaf
@michaelgraaf@kolektiva.social  ·  activity timestamp 4 months ago

@mlncn It's worth examining *which* billionaires (which factions of capital) are more amenable to #UBI than others. What proportion of their cost structure is labour, vs. to what extent do their profits derive from retail.

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