Excellent argument by David Amerland on the need for a Universal Basic Income. I really like the following point, in particular:
“When everyone receives a Universal Basic Income regardless, that premise goes out of the window and with it, any kind of direct or indirect power a political party or a government may exercise over its citizens.”
We are rapidly moving into a new economic reality where business as usual is going to lead us to some pretty ugly scenarios. Some form of UBI seems like it will be essential as a stabilizing force in the rough and tumble economic reality that is now emerging. I see it as part of a series of economic reforms that we need to start moving to — now.
Nice contribution to the case for this important piece of the puzzle.