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Re:Coronavirus Is Making Universal Basic Income Look Better by negamax on Saturday May 16, 2020 @05:04AM (#23201753)
I have read pretty much all the comments. Many European countries have some form of basic income. I don't think Americans commenting here realizes how unsustainable that is. You can't mix high growth that US enjoys (look at disposable income and strength of USD) with UBI.

If the choice is low/no growth where population sustain itself than UBI is the way.

But what happens if for e.g. a country A moves to UBI but country B remains high growth? Country B will continue to invent new things and country A will be forced to inflate and moan and sacrifice its children and grandchildren to debt. That's pretty much what will happen.

Re:Coronavirus Is Making Universal Basic Income Look Better by SeaSeaRider on Saturday May 16, 2020 @05:29AM (#23201898)
No European country has implemented any form of UBI, nor do they intend to.
Re:Coronavirus Is Making Universal Basic Income Look Better by negamax on Saturday May 16, 2020 @05:35AM (#23201934)
Large welfare states are very basic income like. Have you checked the numbers on how many people get some form of government support in France? Many European countries' have their 30%+ budget for welfare
Re:Coronavirus Is Making Universal Basic Income Look Better by SeaSeaRider on Saturday May 16, 2020 @05:35AM (#23201937)
Welfare state and UBI are completely different things.
Re:Coronavirus Is Making Universal Basic Income Look Better by negamax on Saturday May 16, 2020 @05:37AM (#23201951)
The whole argument for UBI is that "the last failure didn't do socialism right".
Re:Coronavirus Is Making Universal Basic Income Look Better by akvadrako on Saturday May 16, 2020 @06:49AM (#23202349)
UBI is not socialism. Compared to jobs programs, welfare and almost anything else the government does, it is less centrally managed.

That's why many of the 20th century supporters were libertarians.

Re:Coronavirus Is Making Universal Basic Income Look Better by negamax on Saturday May 16, 2020 @07:00AM (#23202408)
It's a similar evil that sounds good on paper as the other evil
Re:Coronavirus Is Making Universal Basic Income Look Better by BosunoB on Saturday May 16, 2020 @05:30AM (#23201908)
Which European countries have a basic income?