A tiny Pacific country rolls out universal basic income

Re:A tiny Pacific country rolls out universal basic income by mathgeek on Sunday November 01, 2026 @09:19AM (#50325948)

Let's not forget that in a functioning economy, living and consuming goods _is_ value-creating.

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Re:A tiny Pacific country rolls out universal basic income by sdeframond on Sunday November 01, 2026 @09:26AM (#50326019)

I don't understand. Could you elaborate?

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Re:A tiny Pacific country rolls out universal basic income by mathgeek on Sunday November 01, 2026 @09:35AM (#50326108)

https://en.wikipedia.org/wiki/Value_of_a_statistical_life

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Re:A tiny Pacific country rolls out universal basic income by echoangle on Sunday November 01, 2026 @10:12AM (#50326415)

I only skimmed the article but this doesn’t seem to say that loving itself creates value. This value is based on the expected earnings someone will still have in their life because it assumes the person will work. If you have a person that will live off UBI from the rest of their life, that’s not the case.

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Re:A tiny Pacific country rolls out universal basic income by sdeframond on Sunday November 01, 2026 @10:13AM (#50326424)

Thank you. I understand that we can put some monetary value on reducing the risk of dying.

How does that make "living and consuming goods" value-creating, exactly ?

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