2 ms·
Basic Income is a completely broken mental model. Some reasons: 1) Inflation. The minute that $1000 hits your bank account, it will be worth less than you thi
by Mz 10y ago
Basic Income is a completely broken mental model. Some reasons:
1) Inflation.
The minute that $1000 hits your bank account, it will be worth less than you think. Every social services program struggles with this fact.
http://micheleincalifornia.blogspot.com/2015/09/it-was-obsolete-before-we-opened.html http://micheleincalifornia.blogspot.com/2015/09/it-was-obsol...
2. Human Nature.
Everyone who writes these articles assumes that people are inherently good and would make better decisions if freed from the evils of needing to earn a paycheck. History tells us otherwise.
http://micheleincalifornia.blogspot.com/2016/10/ancient-wisdom-tells-us-idle-hands-are.html http://micheleincalifornia.blogspot.com/2016/10/ancient-wisd...
3. History tells us this does not work.
We have tried some version of this before. It works fine at the "testing" stage where some small-ish group of committed, idealistic people come together and decide to share and share alike. The minute it is opened up to the general public and ALL people, no matter how badly they behave, are ENTITLED to their share, it falls apart.
http://micheleincalifornia.blogspot.com/2016/01/ubi-we-tried-this-before-and-its.html http://micheleincalifornia.blogspot.com/2016/01/ubi-we-tried...
I could go on. And I have:
http://micheleincalifornia.blogspot.com/2017/01/industrial-revolution-2-electronic.html http://micheleincalifornia.blogspot.com/2017/01/industrial-r...
http://micheleincalifornia.blogspot.com/p/ir2.html http://micheleincalifornia.blogspot.com/p/ir2.html