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UBI is a Silicon Valley scheme to depress wages and disempower workers. https://www.newsweek.com/was-andrew-yang-right-economic-cost-coronavirus-builds-interest-universal-basic-income-1500145
Y Combinator is a very spooky operation. https://twitter.com/cordeliers/status/816492776250556419?s=20
Note that @aoc, who is charged with leftwashing the UBI swindle, has been a Y Combinator groupie since 2011. https://twitter.com/cordeliers/status/1028603872045150208?s=20
The endpoint of UBI is a vast federal workfare system that channels ultra-low wage labor to firms like Amazon, while leaving the rest to fend for themselves on starvation-level subsidies.
Hobsbawm's still relevant analysis of an early experiment with UBI. https://twitter.com/cordeliers/status/1247912532037251073?s=20
