"Employers would have increase wages significantly above the UBI level in order to attract workers, but that would either erode the UBI through inflation or cau

"Employers would have increase wages significantly above the UBI level in order to attract workers, but that would either erode the UBI through inflation or cause an inflationary spiral if the UBI were indexed." An analogous argument is always trotted out against minimum wage increases, and has been pretty thoroughly debunked. I'm thoroughly convinced that economies do better when cash is distributed among more people. We currently have a situation where wealth is overly concentrated. The wealth looks for investments, and can't find much because the demand side is locked up: people are generally too poor and debt ridden to create new markets. OTOH, if wealth is widely distributed, everyone buys their needs, and there lots of economic growth, as we saw after ww2. Another glass to see this through... In a capitalist society, if you have demands and no money, no one will care to solve your problems... And indeed, lots of people have problems and no money to pay to see them solved. Distribute the wealth and those problems suddenly have money behind them. Businesses pop up to help, employing people, etc.