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by TheMiller 2602 days ago
> UBI is cargo cult finance. It's a broken mental model that will kill the system.

Such dismissiveness is unwarranted. There's a lot of intriguing research on the topic that indicates that it may be a cost-effective replacement for the byzantine social support systems of modern governments, with benefits for both recipients and taxpayers. It only seems like a broken model if you /start/ with an overly simplistic model of the current situation, e.g one that ignores both the existence and desirability of social support systems.

Unfortunately much of the research is frustratingly incomplete. Search e.g. for information on Mincome.

It also seems like a reasonable transition mechanism, from the market economies that have brought us increasing productivity, to a hoped-for post-scarcity future.