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Squareallworthy On UBI Plans
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
Tim Robinson • Universal Basic Income is Capitalism 2.0 | TimJRobinson
To implement UBI at the expense of every other social program is to make the presumption that the people helped by those programs are competent and capable of shifting to a life of budgeting and managing their own money and of avoiding exploitation. Think of the most vulnerable people you’ve ever encountered and remember that, with UBI, they all ge... See more
Simon Sarris • After Universal Basic Income, the Flood
Yet another problem, of course, is paying for these equity endowments. My guess is that redistribution of vast amounts of capital would prove even more politically toxic than would be the case for income.
Martin Ford • Rise of the Robots: Technology and the Threat of a Jobless Future
Currently, the most popular of these methods of redistribution is, as mentioned earlier, the universal basic income (UBI). At its core, the idea is simple: every citizen (or every adult) in a country receives a regular income stipend from the government—no strings attached. A UBI would differ from traditional welfare or unemployment benefits in tha
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