Re:Finnish basic income pilot improved wellbeing, study finds
by DoreenMichele on Thursday May 07, 2020 @07:18PM
(#23109515)
I had something that was very close to basic income (income-generating website that doesn't require active babysitting).
There's a really, really critical difference here: You created something of value and UBI posits that we give everyone money simply for existing, which is inherently problematic for a long list of reasons. The most important problem is that "everyone" (or at least too many people) may become a leach and stop adding value to the system and then the whole thing may fall completely apart in a catastrophic fashion from which the world cannot recover.
The fact that you chose to keep being productive at stuff and life got cheaper and all that is great for your but doesn't generalize. About two-thirds of lottery winners are bankrupt within five years of winning the lottery.
There's a really, really critical difference here: You created something of value and UBI posits that we give everyone money simply for existing, which is inherently problematic for a long list of reasons. The most important problem is that "everyone" (or at least too many people) may become a leach and stop adding value to the system and then the whole thing may fall completely apart in a catastrophic fashion from which the world cannot recover.
The fact that you chose to keep being productive at stuff and life got cheaper and all that is great for your but doesn't generalize. About two-thirds of lottery winners are bankrupt within five years of winning the lottery.