Sandwichman — UBI Caritas

The miraculous Max Sawicky resumes wrestling with Universal Basic Income at MaxSpeak. This time the incitement comes from Dylan Matthews at Vox, who argues that a secondary benefit of basic income would be that "it enables a transition to a world of less work and greater leisure."

That would indeed be a good thing. But as the Sandwichman pointed out two weeks ago, advocates for basic income seemingly make exactly the opposite argument. Guy Standing, co-president of the Basic Income Earth Network, cited a recent experiment in India -- and earlier experiments in North America and Europe -- as evidence for the claim that a basic income guarantee "would not reduce labor supply... The simple fact is that people with basic security work harder and more productively, not less."….

You may wish to read the Dylan Matthews and Max Sawicky posts first if UBI is your thing. Even it it isn't best to read Sandwichman anyway. When you finish his post, take a look at Greatest mass extinction driven by acidic oceans, study finds. The likely consequence of this is that capitalism as we know it has hit the wall and needs overhaul. Or else we are headed down the tubes.

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