I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
If we replaced all of our current welfare systems with a simple UBI, it would save us money. In terms of running the system, and simplifying taxes. Don’t need to take 5 different taxes out of your paycheck, just one. Earn over a certain amount? You don’t get it. The majority of people won’t, because they’ll be earning enough to pay in but not collect. This would have to be done alongside universal healthcare, as tying healthcare to employment wouldn’t work much anymore, which would also save us a massive amount of money.
The result of which, is an absolute explosion of creative genius and new businesses. People no longer hindered by the threat of starving in the street, or losing their healthcare, would finally be able to start that business they always wanted to. They’d be able to create their long-overdue masterpiece. Literature, art, new inventions. There’s a guy out there right now that, if given the space and a bit of assistance, could create the first prototype of a warp drive. There’s someone else who has a pretty good idea about how to cure dementia, and halt the aging process.
Just imagine the possibilities of actually investing in our people, and in our society, instead of handing all of our money to billionaires, and letting those evil mentally handicapped fuckwits steer the course of humanity straight into a climate change-driven mass-extinction event.
Just Imagine.