this post was submitted on 06 Oct 2023
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[–] Aidinthel@reddthat.com 124 points 1 year ago (46 children)

Every single study on UBI finds that it is a good idea that benefits both the recipients and society as a whole, but because it contradicts the dominant ideology it can't be allowed to happen.

[–] Liz@midwest.social 8 points 1 year ago (8 children)

I've yet to see a study at a scale large enough to impact the local economy. Will the results hold when everyone gets monthly cash payments, or will rent go through the roof and that's about it?

[–] Shamefortheshameless@lemmy.ml -2 points 1 year ago* (last edited 1 year ago) (1 children)

That's about it. Why would anyone work for $20k/yr when they could get $12k for free? They wouldn't. So those jobs would bump to $30k+, and a domino affect would occur. Nothing would be achieved other than the devaluing of the American dollar, which would lead to a loss of jobs, increased poverty, and guess what else - increased homelessness.

[–] elouboub@kbin.social 2 points 1 year ago

You obviously haven't even looked at the wikipedia article about the studies. Your assumption has been proven wrong many times.

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