Tag Archives: socialism

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What if the Government Gave Everyone a Paycheck? Well it just did. What did we learn?

Before the pandemic (i.e. 2018), people were asking this: What if the Government Gave Everyone a Paycheck? – The New York Times.

It seemed impossible at the time. Then the pandemic came, and governments in the US and Canada essentially did just that.

What I fear is going to happen is economic conservatives are going to rush in and start yelling “Deficits are Bad!!!” and all the Establishment will nod and a new wave of austerity will come in. What I hope is that better economists will come to the fore and push and see how close we can get to UBI, given what we learned so far.

Much depends on what happens in the next six to twelve months.

A cautionary tale of what low taxes and libertarianism brings

Amish women on the beach
There can be many lessons that can be drawn from the story here: The Rise and Fall of the ‘Freest Little City in Texas’

The ones I drew were

  • You get the society you pay for. In this case, the people of this part of Texas were unwilling to pay for anything, and they got nothing in return. It’s hard to believe this even needs to be said in this age, but apparently it does.
  • Even basic services cost money. That money comes from taxes or service fees.
  • Those services are expensive to pay for individually: it makes much more sense for people to pool their money (in the form of taxes),  to make it cheaper overall for everyone.
  • Taxes are only part of what makes a society, but a society that is based on money and that does not have taxes is no society at all.
  • Only a society that does not depend on money can get away without taxes. Typically those a tightly knit,  cohesive, pre-money communities that depend heavily on sharing and barter. These communities are more socialist or communist in nature as opposed to libertarian. More like an Amish community or hippie commune or a religious community of some form.
  • The best way to have a libertarian society is to have one of great abundance. Scarcity requires people to share and work together if they want to survive.

It’s a good story. Read it for yourself and draw your own conclusions.

(Photo above is Amish women on the beach)