this post was submitted on 08 Apr 2026
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UBI keeps capitalism and thus inequality. It’s a zero sum game where people’s wealth will flow towards the rich, enabling them in future to amass power to undo UBI and repeat the mistakes we have now.
Better solution is to ditch currency and focus on meeting people’s wellbeing needs directly.
You can’t ditch currency. Currency isn’t some grand invention of the state. It’s the direct result of beings valuing things at different amounts at different times. Technically current is using any stand in to ease the trade barrier but colloquially some people use love as a currency. Many kinds of social animals trade and what they trade could be deemed currency.
You can 100% ditch currency, you don’t not need a trade or barter based system. Humans have been operating on a gift economy model for hundreds of thousands of years, currency and trading is a blip in our history.
People are capable of supporting each other without profit incentives.
I'm confident that if you waved a magic wand and removed currency, an hour later it would be reinvented via "hey, will you do me this favor? I'll owe you one" -> "You already owe me one. But I guess you'll owe me two? Let me write this down"