Even the highly conditional basic income that some states provide is abused by large companies to push down wages and not even pay living wages.
So IMHO while there are some good ideas behind UBI, Capitalism will find a way to turn it into the opposite of what the rather naive proponents of it hope… and I find it rather telling that some of the large lobbyists for UBI are well funded capitalists running businesses that would be able to push down wages that way.
Even the highly conditional basic income that some states provide is abused by large companies to push down wages and not even pay living wages.
So IMHO while there are some good ideas behind UBI, Capitalism will find a way to turn it into the opposite of what the rather naive proponents of it hope… and I find it rather telling that some of the large lobbyists for UBI are well funded capitalists running businesses that would be able to push down wages that way.