3 ms·
I actually think Argentina would be a great place to impose basic income. Argentina has a long time standing issue with 'welfare' programs being abused in corr
by conanbatt 13y ago
I actually think Argentina would be a great place to impose basic income.
Argentina has a long time standing issue with 'welfare' programs being abused in corruptive ways, such as government employees cashing in, their relatives, etc.
Middle class despises the way those funds are used because they are not regulated or productive: as a foreign national, you could get welfare within 6 months of moving in to argentina. Plus free college education.
Also, argentina has a long-time standing issue with inflation, which in this case could be worked to its benefit, which is it can fund this strategy.
Currently, the government uses welfare programs to target vulnerable sectors and generate dependency, but if everyone got it, they wouldnt have that kind of edge anymore, and if they wanted to better one sector, they would be forced to help every sector.
But i will still think that although basic income is very forward-thinking, it has veery unforeseen consequences. We dont know what is going to happen to a city or a country if such a thing is implemented, for better or worse, in terms of sociology, more than economics.
I also wonder how to actually make it practical. By basic supply and demand, this should create a strong increase in demand, which raises prices and the very basic income would then become less effective.