3 ms·
I don't think UBI can work. I love the idea of it, but as soon as you have a democracy and state provided income, it's too easy to vote yourself a raise. Look a
by eloff 4y ago
I don't think UBI can work. I love the idea of it, but as soon as you have a democracy and state provided income, it's too easy to vote yourself a raise. Look at countries like Argentina, Spain, Greece, Venezuela, where there are or were a huge percentage of people on the dole. Their economies collapsed. You can't keep squeezing a small upper middle class to pay for everyone. We're pretty much at the limit there as it is in many countries. I think UBI is fundamentally at odds with human nature in a way that would prevent it from being successful at scale.