this post was submitted on 06 Oct 2025
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Average income is higher than median income such that 60%-80% of people have below average income. I'm just saying that UBI is net credits = net debits before lowering deficits/discretionary budget through program cuts.
first you have to stay unemployed to keed receiving benefits. Young or other people studying without recent previous labour force participation are supported. Entrepreneurs, interns, and everyone else is supported.
No. If income tax rates are 5% higher, you get full amount at 0 income, but a linear partial amount until net 0 benefit at $60k income. A 5% sales tax is same thing except for spending instead of income.
Corruption stems from discretionary spending. That bridge to nowhere someone wants is because their friends would be paid to build the bridge.
UBI helps you do that. It might takes months to make the useful thing, and you're only paid after delivering it. You will need less capital with UBI, and more confidence from lenders that as long as they are paid before you are, they can loan for equipment/building rentals to float you until you make your sale. Capital is a genuinely useful function. A society doesn't need to grant it extortionist protections which is what gives it a bad name. Property rights exist in communal/coop groups too. Communal property is still property.
Everyone is self interested. It is corrupt power imbalances that corrupts the supremacist side into being absolute assholes. It is UBI that gives you the power to organize with like minded comrades on buying the means of production, including the power to invest time for future returns.