Hacker News new | ask | show | jobs
by umadon 2560 days ago
UBI smells like a trojan horse for privatization of what remains of social security, disability, unemployment, etc. I would much rather have a robust national pension system than "Uber, but for retirement."
1 comments

How would it lead to privatization of those things?
Many UBI advocates explicitly say that UBI should replace all existing welfare programs and people should use their UBI to purchase any services (e.g. insurance) they need from private companies.