Re:Free Money: The Surprising Effects of a Basic Income Supp...
by frgtpsswrdlame on Monday November 13, 2017 @01:29PM
(#15688713)
Maybe you still can't live in Manhattan but I don't really see the point in a UBI so low that you can't afford to live in a city at all.
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Re:Free Money: The Surprising Effects of a Basic Income Supp...
by indubitable on Monday November 13, 2017 @01:46PM
(#15688896)
I think helping with the economic development of smaller areas would be a huge benefit in and of itself. But basic income opens up really revolutionary ideas beyond this. Imagine you get 10,000 people together and the income is set to something quite low - $1000 a month. That's $10 million a month that, if a moderate sized group of people were willing to coordinate and work together, could be used to build new cities and developments from the ground up.
In a way a basic income can almost be seen as a decentralization of government as it enables citizens to direct government funded spending at their discretion.
Re:Free Money: The Surprising Effects of a Basic Income Supp...
by NinoScript on Monday November 13, 2017 @10:20PM
(#15692328)
I had never thought about it like this. This makes so much sense.