Phlonx
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Phlonx
@phlonx.bsky.social
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davidgraeberinst.bsky.social
A few thoughts on Universal Basic Income.
I think UBI is great. It’s an acknowledgement that nobody else has the right to tell you what you can best contribute to the world, and it’s based on a certain faith — that people want to contribute something to the world, most people do. I’m sure there are a few people who would be parasites, but most people actually want to do something; they want to feel that they have contributed something to the society around them. The problem is that we have this gigantic apparatus that presumes to tell people who’s worthy, who’s not, what people should be doing, what they shouldn’t. They’re all about assessing value, but in fact, the whole system fell apart in 2008 because nobody really knows how to do it. We don’t really know how to assess the value of people’s work, of people’s contributions, of people themselves, and philosophically, that makes sense; there is no easy way to do it. So the best thing to do is just to say, alright, everyone go out and you decide for yourselves. . - David Graeber
February 23, 2025 at 1:14 AM
Reposted by Phlonx
justinwhitaker.bsky.social
Essential reading for those concerned with politics today:

"... whatever anyone may have claimed from the prevailing statistics during the run-up to the 2024 election, reality was drastically more dire for the great majority of Americans."

www.politico.com/news/magazin...
Voters Were Right About the Economy. The Data Was Wrong.
Here’s why unemployment is higher, wages are lower and growth less robust than government statistics suggest.
www.politico.com
February 12, 2025 at 4:20 PM