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RE: Universal Basic Income: an Economic Apocalypse
UBI is flawed but so is the system you present.
In the UK where zero hour contracts are now the norm for many or perhaps in places where sweatshops exist and there is no minimum wage I do not believe that people can rise out of poverty. I think that they are in fact enslaved.
I do not purport to know the solutions.
And yet I know that in our world scarcity is a fallacy and poverty unnecessary.
Great article even though I oppose much of what you say.
Thanks.
xox
Places like China where you find sweatshop labor are always highly socialistic countries, in which the job market is greatly limited by the state. If they had economic freedom, nobody would settle for a sweatshop, because there would be no shortage of preferable options.
Your article really got me thinking which is always a good thing eh!
:)
I wrote a post about UBI from a spiritual perspective which you may find curious here: https://steemit.com/life/@ldacey-laforge/tomatoes-or-tomato-s-freewill-and-universal-basic-income
I welcome your thoughts.
xox