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Universal Basic Income is not socialism. Its capitalism where income d — Capitalism

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"Universal Basic Income is not socialism. Its capitalism where income doesnt start at zero. Markets and businesses function much better when people have money to spend. If we can all participate in the market, then markets become much better for all of us. Whats bad for markets is when consumers dont have money to spend. So this is very pro-growth, pro-market, and pro-consumer. Its the next form of capitalism. Its the tricke up economy."
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Capitalism
Capitalism
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Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. This socioeconomic system has developed historically in several stages, and is defined by a number of constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation a

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