Re:Finnish basic income pilot improved wellbeing, study finds
by lonelappde on Thursday May 07, 2020 @05:24PM
(#23108543)
Why would you expect UBI to survive covid-19? Who would go to work with a virus if they had free money? And what would they do with all that money when nobody
wanted to work at a grocery store meat packing plant? At best, inflation would destroy the UBI value.
Re:Finnish basic income pilot improved wellbeing, study finds
by prewett on Thursday May 07, 2020 @02:23PM
(#23106309)
I'm sure most people would have fun if someone financed their vacation. The difference between your situation and basic income is that your income is because you are providing enough value to people that they pay you money, while basic income is other people paying you money (taxpayers) with no expectation of providing any value.
"I really enjoyed my vacation paid for by my automated business and therefore basic income will improve people's well-being" is not a good argument for UBI. Of course people will have a good time when someone else is paying for them. But how does society afford to do that?
Re:Finnish basic income pilot improved wellbeing, study finds
by eesmith on Thursday May 07, 2020 @03:33PM
(#23107193)
The evidence from this trial is that people who received UBI did not treat it as a vacation. Indeed, "The employment rate for basic income recipients improved slightly more during this period than for the control group."
I get paid a living wage for very little work. The reasons are irrelevant. The most important aspect here is the outcome, which was quite similar to UBI.
Give anyone the humble monthly income I'm given, and they'll find a way to have fun. I just wanted to confirm that it's indeed quite nice.
One thing I didn't mention is that my revenue could plunge at any moment. It did because of COVID-19, for example. This is not the case with UBI.