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Psaldorn, 11 months ago to upliftingnews in Denver experimented with giving people $1,000 a month. It reduced homelessness and increased full-time employment, a study found. The sad truth is current capitalism would ruin it. If you have a whole city UBI then rent and prices would immediately inflate to siphon that away. You’d need robust price laws beforehand, and that’s unpopular. Otherwise it’s just a tax-to-overlords pipeline
The sad truth is current capitalism would ruin it.
If you have a whole city UBI then rent and prices would immediately inflate to siphon that away.
You’d need robust price laws beforehand, and that’s unpopular. Otherwise it’s just a tax-to-overlords pipeline