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by momavujisic 4049 days ago
The appeal to UBI for me has always, apart from being a good way to stop welfare traps and increase income equality now, is that it marks the beginning of the new phase in our economic system: one from a cash-work model to a material-existence model. I do subscribe to the total job automation theory being every so increasingly talked about, and what these proposals tell me is that government and to a larger extent society is beginning to see that we can indeed provide for everyone using our productivity gains. The cash part of the deal I think is just a carry-on from our ageing economic system that will be replaced by some other form of value transfer mechanism which honestly, I can't imagine what would look like.