A Radical Critique of Universal Basic Income

UBI:rather than deliver a Utopia, UBI institutionalizes serfdom and a two-class neofeudalism in which the bottom 95% scrape by on UBI while the top 5% hoard what every human wants and needs: positive social roles in our community, meaningful work that makes us feel needed, and the opportunity to build capital in all its manifestations. By Charles Hugh Smith.
Read more: http://www.washingtonsblog.com/2017/12/radical-critique-universal-basic-income.html?source=Snapzu