this post was submitted on 18 Oct 2023
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In the US, I don't think that UBI could work. Why? Because then businesses and companies will raise the price of everything. Real estate, food, etc. And then prices will stay high, no longer to be afforded with the given UBI. That's what will happen.
EDIT: I'm not saying that I'm against UBI or that it doesn't work– I'm saying that capitalist system of the US will find some way to fuck its implementation.
Does that mean you think it would work in other countries?
I don't know. I'm just some guy on the internet.
I'd certainly support it if it works to significantly reduce poverty and homelessness. And there are plenty of studies that say it does.
My pessimism & skepticism lies in the US capitalist system, not UBI.
Sounds like we need to change that system then.
They're already doing that, so we may as well try something different.