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Basic income for some is not basic income. No country has tried this yet. Most countries actually do have a form of basic income where they are subsidizing food, shelter, healthcare in some form or another for essentially all people falling outside of the safety net of income, pensions, social security & welfare, charity, etc. I tend to think of basic income as the former without the absolutely massive bureaucratic overhead. An enormous cost saving in other words. To put this in perspective: many European countries spend almost as much on unemployment programs and related bureaucracy as they do on the actual benefits payed to the unemployed. With a basic income you could abolish minimum wage, make labor cheaper for companies and less risky, make it easier for people to take multiple small jobs to supplement their basic income and reduce their risk, stop forcing people to retire or forcing them to work until they are allowed to retire (both are bad), make all forms of income insurance opt in (pensions, disability benefits, unemployment insurance), etc. It just simplifies things a lot. The reason this is not happening is that dismantling the existing bureaucracy is highly disruptive and will be hugely unpopular. |
And partly because it's not clear a basic income is actually better in practice. It's a huge change to how society operates, so it's hard to predict what effects it will have. I think a conservative approach that starts with small trials makes more sense than dismantling a large government bureaucracy that employs lots of people.