News for hackers. Stuff that matters.
Re:If You Think Free Money Kills Work Ethic, Your Definition... by DougN7 on Wednesday May 04, 2016 @05:44PM (#11632147)
OK, then who gets to receive less value for their efforts so that others can receive more? That's what it boils down to.

Goods and services are finite, and at the level of a society/world/country are being consumed at the level they are produced (notice we don't have warehouses continually filling decade after decade of anything). UBI means everyone would be able consume more than they are now -- it doesn't matter what they consume, but it would be more. And it might allow some that are producing to produce less (work less). That imbalance can't exist for very long at all until prices rise to get back to equilibrium. There's no way around it.

Re:If You Think Free Money Kills Work Ethic, Your Definition... by WalterSear on Wednesday May 04, 2016 @06:41PM (#11632532)
>OK, then who gets to receive less value for their efforts so that others can receive more? That's what it boils down to.

The administrators of the current welfare system, that currently costs us more that UBI would.

Re:If You Think Free Money Kills Work Ethic, Your Definition... by DougN7 on Wednesday May 04, 2016 @09:44PM (#11633380)
Really? Do you really mean _Universal_ Basic Income, which I understand to be everyone in a country? I admit I don't know the numbers but it's hard to believe the current system has enough for 330 million of us in the US.