Re:Universal Basic Income Will Likely Increase Social Cohesion
by dantheman on Saturday October 24, 2015 @01:50AM
(#10442610)
UBI can't replace welfare -- it cannot provide enough money to everyone to replace whole salaries. If you agree that welfare should exist to take care of people who cannot work or have expensive conditions that need to be treated then BI cannot replace it.
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Re:Universal Basic Income Will Likely Increase Social Cohesion
by eru on Saturday October 24, 2015 @04:29AM
(#10442900)
> If you agree that welfare should exist to take care of people who cannot work or have expensive conditions that need to be treated then BI cannot replace it.
That's what insurance is for.
(And the state (or parents) can take out insurance for the kids before they are born---ie before anyone knows whether they are at special risk of any diseases or conditions, thus charging the average is economically fine.)