However, this creates less wealth overall as work is no longer given to where it’s done most efficiently. This breaks the primary component of capitalism. The second solution is some sort of socialism, where the government introduces new laws and systems to redirect money to attempt to balance the system manually. This will help, but creates less w... See more

But basic jobs are going to be selecting primarily from the very poor demographic and they’re going to get hit with the same problem as the poorest public schools – a need for people to behave, combined with inability to credibly disincentivize misbehavior.Basic income avoids this problem. It provides money to everyone, good employees and bad emplo... See more

A strong UBI would corrupt the division of labor. Making participation in gainful employment functionally optional threatens to unravel the entire system of collective production that sustains society as we know it.