The difference here is that the wealthy became wealthy by providing something of... | Hacker News

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		r29vzg2 on July 30, 2020 \| parent \| context \| favorite \| on: Universal Basic Income is Capitalism 2.0 The difference here is that the wealthy became wealthy by providing something of value. Wealth redistribution does the opposite, take from those that are providing value and give it to those that aren’t.

ramshorns on July 30, 2020 [–]

> Wealth redistribution does the opposite, take from those that are providing value and give it to those that aren’t.

Yeah, that's capitalism. The goal of UBI is to return some of that extracted wealth to the working class.

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