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First past the post doing first past the post things.
The reason for this is, imo, because they are a monopoly. They have no incentive to reduce costs.
This is actually more of a Georgist philosophy than libertarian, imo.
Cooperatives could potentially be a solution.
I agree.
In principle, it sounds great, but I personally feel there are some potential economic issues that could get in the way of UBI being a success. An alternative to UBI could be a negative income tax, specifically that which was proposed by Milton and Rose Friedman.