3 ms·
Very few, if any, people are suggesting that UBI is a substitute for a healthy labour force. It is typically viewed as an acknowledgement that there are seriou
by II2II 6y ago
Very few, if any, people are suggesting that UBI is a substitute for a healthy labour force. It is typically viewed as an acknowledgement that there are serious social issues which have economic ramifications that may be addressable through a basic income.
Whether a basic income will address those problems is an open question. It may have a net positive, neutral, or negative effect depending upon the collective psychological response. In addition, how one views the outcome will depend upon their perspective. Suggesting that an UBI will result in people not working is a misleading ideological statement that has no basis in evidence. We simply don't know what the outcome will be. Even studies that indicate positive outcomes are limited by the scale of the implementation.
Besides, it's probably best to look at UBI through the lens of political stability, rather than social well being or economic outcomes.
EDIT: added a very important "not".