A lot of economists work in finance, the industry that benefits the most from our financial system staying the way it is.
A lot of economists work in finance, the industry that benefits the most from our financial system staying the way it is.
Case inpint: communism is nothing like basic income. With basic income, you always are rewarded for working: people who work are paid in addition to their basic income. If you wish to disagree with me, please tailor your disagreements to what is actually happening, not straw men.
Unless your point is that people should have to work for work's sake to get that money, even if the work is useless.
People that are for a long time on unemployment have a hard time to get back on the market. By forcing them to work few hours here and there in exchange for benefits forces them to leave houses and actually do something instead of sitting in front of TV. It mobilizes them. And it serves public as they will work jobs that benefit everyone. So instead of taxing rich and giving handouts, rich could see this as an investment in better tomorrow and be more willing to pay up.
You have yet to respond to what I said.
Your proposed system is to punish people for being unemployed while not giving them any jobs. You can wax poetic about the benefits of working all you want, but without any jobs, people can't work.
Here's a good place to start: https://en.m.wikipedia.org/wiki/Basic_income_pilots
On the other hand, I don't think my bar is set that high. Like I mentioned in another comment here, the biggest problem with these pilots is not the limited scope or the strings attached. The problem is that they are the exact reverse of the UBI version in question. Most of the pilots can be described as "rich giving money to the poor". The UBI version that we're discussing here is "poor giving money to the rich". Because that's exactly the net effect when you dismantle welfare programs and distribute the money to everyone - those who have been on welfare till now will receive less. Those who weren't will get more.
Could you provide some references?
New Jersey Graduated Work Incentive Experiment. https://babel.hathitrust.org/cgi/pt?id=mdp.39015018521420;vi...
PDF warning: https://ia800309.us.archive.org/14/items/PovertyAmidPlentyTh...