UBI seems like a good idea but it is important to recognize that the problem it seeks to solve has a cultural component too. Some people will use free money to build enriching lives. Others will fall into various addictions because they haven't found meaning. I'd like to see a UBI conversation that discusses is this point because it is significant and the history of welfare shows that it is real.
What most of these cases get wrong is that they confuse UBI as yet another way to deal with unemployment as the market corrects itself and new jobs are created.<p>I.e. it's seen as this temporary state that we might or might not be in for a limited amount of time.<p>The truth is that UBI is meant to deal with the fact that we will more or less all be unemployed and have no jobs and thus no income.<p>It's not meant to solve an isolated problem with the labour market, it's meant to solve the realization that there wont be any.
The byline appears to have a redundancy, or a contradiction:<p>>There is an increasing global conversation about the idea of a ‘Universal Basic Income’ – a universal weekly payment to all eligible citizens.<p>Wouldn't everyone be eligible for a universal basic income? Are all persons eligible citizens? Is the article actually talking about an ‘Eligible Citizens' Basic Income’?
We updated the URL from <a href="https://www.thersa.org/discover/publications-and-articles/reports/basic-income" rel="nofollow">https://www.thersa.org/discover/publications-and-articles/re...</a>, which points to this.