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Things are still unequal with UBI - if you get $2k a month, billionaires are still billionaries. It can make being poor less dangerous; e.g. homelessness, car
by tenebrisalietum 6y ago
Things are still unequal with UBI - if you get $2k a month, billionaires are still billionaries. It can make being poor less dangerous; e.g. homelessness, car repossession, lack of basic necessities can stop being a thing.
I sometimes think really that a good alternative would be Universal Protected Net Worth. Maybe things would be better if there was some floor of money and assets below which no court or legal proceeding could take from you, including taxes, fines, bail, judgements, seizures, forfeitures, etc. I don't know how that would work in practice.
- winstonewert 6y agoThe Mosaic law actually has something kind of like this where you can't lose ownership of your allotted farmland. Thus, at minimum, everyone owns a valuable asset and thus some net worth. (Data is sparse on whether this law was every actually followed or the effects.)
- fastball 6y agoUniversal Protected Net Worth sounds unbelievably prone to abuse. One of the best things about UBI is that it is unabusable (except with faking existence of people, which can be used to abuse literally any system).
- tom_mellior 6y agoThe Austrian Pirate Party's UBI model specifically states (or stated, last time I checked) that the monthly UBI payment should be unseizable.