Controversial Issues

Universal Basic Income

“People in a society that has the means should have their basic needs met.”

“Being made to provide for others infringes on my freedom; people should earn their keep.”

“Humans are not free until self-actualization; if a society can provide freedom to all, it should.”

“Our society cannot afford to give enough money for everyone to live.”

“If technology automates the jobs and leaves profits, we can tax the capital for a freedom dividend.”

“If people don’t have to work, they won’t work: a Universal Basic Income is bad for progress”

“If people don’t have to work because they live in a rich successful society, they will be free to contribute back to the society that provided them that freedom.”

Questions

Do we live in a society that can afford financial freedom for every citizen? What effect would this have on purchasing power? Is it possible to tax capital in a way to lower the deficit, provide a Universal Basic Income, and grow the economy by incentivizing technological advancement? Is a UBI (Universal Basic Income) the first step in an unraveling of the global financial system to a chaotic meltdown, the beginning of the end of history, or has their not been enough technological advancement, so our society cannot yet afford it?

@argumentlabs, you forgot… [insert response here]

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