Hello, I’m not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

  • Misspelledusernme@lemmy.world
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    30 days ago

    My pie in the sky hope for UBI is that it would be large enough so that you don’t need to work to live, maybe with some frugality.

    At that point I’d be fine with scrapping minimum wage altogether. Companies would have to offer a job/salary that attracts people who aren’t desperate.

    It would be much easier to quit a job. And I think it would broadly increase the value of labor. Automation would increase, but that wouldn’t be a problem, because its no longer a problem to be unemployed.