this post was submitted on 04 Jul 2024
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You have to keep in mind that a UBI is not complete even redistribution of all wealth. It is redistribution of a relatively small portion of the wealth. It only serves to tip the scales a bit, it's not really meant to be lived off of.
By definition it is, barely. That's why it's called "basic." A subsidy too small to cover even minimal living expenses would just be "UI."
Actually didn't know that. I keep hearing about ubi experiments of like $400/mo, which is too little to survive on in the US no matter what you do.
Yeah, people love misusing the term for "experiments" that are neither "universal" nor "basic." The best part is when some galaxy-brain comes up with "hey, let's have UBI but how 'bout we means-test it?" and then I just want to respond with a Syndrome meme.