Quote:
Originally Posted by blankall
UBI under our current system is just wealth redistribution. It's no different than expanding the current welfare system, which is already teeming with abuse.
In order for it to actually work, you need a system where labour is largely no longer required and the work is being done by government owned machines. In other words, at this point, it's science fiction. It's a good philosophical talking point, that can spur on conversation about inequality and ways to improve our current system. However, it's an ideal that would be a huge disaster if implemented.
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It is 100% wealth re-distribution, and I doubt it would be applied without some caveats and not in our lifetime.
I think about what happens when construction, resource extraction, and service industries become largely automated. There already exists technology to do this. And sure, new jobs will form, but the end goal will be to automate those as well. Eventually, something will give.