News for hackers. Stuff that matters.
Re:Germany begins 3-year universal-basic-income trial by luckylion on Thursday August 20, 2020 @04:17AM (#24221066)
> What's point of having UBI if you have less money than you started out with.

It'd only be less money for some, not for all. Since UBI is largely a redistribution scheme, you'll have to test what happens to those who are supposed to fund it as well. Are they happy? Will they move out of your jurisdiction? Do they stop working as much and rely on UBI instead?

These are important questions we need answered before we roll out UBI at large. If it turns out that everybody who's not profiting from UBI says their good byes and leaves for other countries, you'll have nothing to fund the UBI, and likely nobody to produce any goods either.

There are no comments on this comment yet.