Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
You appear entirely unaware of test programs like Canadian Mincome showing minimal employment drop, with some spinning up businesses by claiming the income against loans. The people who dropped out entirely were nearly all either continuing education or mothers raising kids.
This is replicated in projects like those in Africa.
Basically, the answer to the knee-jerk “wouldn’t everyone just stop working?” question is “actually, no.”
The test programs can’t really show anything definitive though. For a couple important reasons.