MCViewPoint

https://lewrockwell.com/2017/06/laurence-m-vance/zuckerberg-biggest-something-nothing-history/

Harvard dropout and Facebook billionaire Mark Zuckerberg recently gave the commencement address at Harvard. In his speech he proposed a “universal basic income to make sure everyone has a cushion to try new ideas.”

We already have a universal basic income. It is called welfare.

There are in the United States about eighty means-tested welfare programs. These are programs that limit benefits or payments based on the beneficiary’s income and/or assets. There are also welfare programs that most Americans have never heard of. And there are other welfare programs that most Americans don’t consider to be welfare programs.

Welfare is welfare, no matter what it is called and no matter what people think about.

The problem with a guaranteed minimum income, like the problem with welfare in general, is that it is the government that is the guarantor. But before the government can give, it must first take from productive members of society. This is what makes all welfare immoral.

Libertarians who talk in any way about a universal basic income should make the immorality of welfare the central theme, not an afterthought.

That is the problem with government programs. The government has to steal before it can “entitle”.

When what you do does only makes things worse generation after generation, the thing to do is stop and re-evaluate your philosophy.

Be seeing you