Myth: Universal Basic Income is a magnet for the idle. In reality, it's the catalyst for unleashed potential. Visualize a world where your next meal isn't your next worry. That world is one giant leap closer to solving the puzzles of poverty and unleashing collective brilliance.
Things people don't talk about with UBI - it makes regulation easier because bad actors can't argue loss of livelihood. You can take away "x" without it being a death sentence. Bad business sink, so regulators can focus on people who are intentionally trying to enrich themselves by harming others.
I could make so many cool things if I was just allowed to build what I want instead of spending 12 hour shifts "building things" for a corporation (but really mostly waiting for parts) in order to have enough money for rent.
True, but the real problem with a Capital only UBI, is that the Capital market will steal the surplus. UBI needs to be part of an ecosystem of programs including Universal Healthcare, Housing, and technological access. If it's just money, Billionaires will find a way to steal it.
If people can't afford to live in a society, then what good is that society? So much technological advancement and people are still struggling with survival.
UBI is a dumb idea in that is just perpetuates the Corporate Capitalist Consumerist Model. Talk about the production of a Massive Welfare state that only the Shareholders profit from, this would be it. Why else do you think, Crazy ass Billionaires like Andrew Yang support this.
The sad thing is, even with a basic income, landlords, shops and enterprises would just increase their prices to a point, that those which get basic income only, are struggling to reach month end again.
"If I can suck out money from others, let's do it!"
Even for "magnet for the idle," there are some folks who are chronically antisocial or may have some mental issue too mild for disability, but we likely spend more time and energy trying to force to work then just letting them be.
It always makes me think of the difference in outlook between the folks in b school from poor/middle class backgrounds and the rich kids. Not a perfect correlation, but the first group was eying careers in middle mgmt, the latter starting businesses and going to McKinsey and Goldman Sachs.
A family member was actually a part of the Ontario UBI trial. It was really interesting because the impact wasn't actually on *her* life as much as those around her.