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Douglas Rushkoff's sobering view of Universal Basic Income

Sunday October 14, 2018. 04:00 PM , from BoingBoing
In a new essay, Douglas Rushkoff examines Universal Basic Income, writing that it's not a gift but a 'scam' and a 'tool for our further enslavement.'
Here's a snippet:
To the rescue comes UBI. The policy was once thought of as a way of taking extreme poverty off the table. In this new incarnation, however, it merely serves as a way to keep the wealthiest people (and their loyal vassals, the software developers) entrenched at the very top of the economic operating system. Because of course, the cash doled out to citizens by the government will inevitably flow to them.
Think of it: The government prints more money or perhaps — god forbid — it taxes some corporate profits, then it showers the cash down on the people so they can continue to spend. As a result, more and more capital accumulates at the top. And with that capital comes more power to dictate the terms governing human existence....As appealing as it may sound, UBI is nothing more than a way for corporations to increase their power over us, all under the pretense of putting us on the payroll. It’s the candy that a creep offers a kid to get into the car or the raise a sleazy employer gives a staff member who they’ve sexually harassed. It’s hush money.
Read: Universal Basic Income Is Silicon Valley’s Latest Scam
photo by photosteve101
https://boingboing.net/2018/10/14/douglas-rushkoffs-sobering-v.html
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