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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 unsustain
by negamax 6y ago
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.
- SeaSeaRider 6y agoNo European country has implemented any form of UBI, nor do they intend to.
- negamax 6y agoLarge 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
- SeaSeaRider 6y agoWelfare state and UBI are completely different things.
- negamax 6y agoThe whole argument for UBI is that "the last failure didn't do socialism right".
- BosunoB 6y agoWhich European countries have a basic income?