UBI is survival money. It's meant as a social safety net. It's not 'thrive' money.
But people want to thrive. So the theory is that people will continue to want jobs to advance themselves and their families.
Just with UBI the absence of a job is way less brutal.
It's also shrinks the government and allows companies to do layoffs with less brutal consequences to the people being laid off, which allows companies to adjust to economic conditions a lot more easily.
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Also, just like hunter gathering and farming ways of life were made obsolete by technology, this concept of a 'job' will potentially be made obsolete by technology in the future.
As automation and globalization increases and the number of jobs declines exponentially in the US and also around the world...the same value is being generated but the gains are only going to a few people.
Were going to have to figure out what to do with a ton of people who want to work but no jobs are available due to this legacy system.
https://en.m.wikipedia.org/wiki/Basic_income_pilots
UBI is survival money. It's meant as a social safety net. It's not 'thrive' money.
But people want to thrive. So the theory is that people will continue to want jobs to advance themselves and their families.
Just with UBI the absence of a job is way less brutal.
It's also shrinks the government and allows companies to do layoffs with less brutal consequences to the people being laid off, which allows companies to adjust to economic conditions a lot more easily.
--------
Also, just like hunter gathering and farming ways of life were made obsolete by technology, this concept of a 'job' will potentially be made obsolete by technology in the future.
As automation and globalization increases and the number of jobs declines exponentially in the US and also around the world...the same value is being generated but the gains are only going to a few people.
Were going to have to figure out what to do with a ton of people who want to work but no jobs are available due to this legacy system.