Universal Basic Income (UBI) seems to be a subject gathering more momentum at the moment. A Google Search will bring up a fair amount about it. The Covid-19 crisis seems to have added to the case for UBI and it is suggested that in essence the furlough payments were a form of UBI or the furlough schemes replacement will be UBI because the furloughed job has disappeared.
However, there are suggestions that UBI is part of a grander scheme to rid the world of poverty and redistribute wealth to create equality (of outcome). Precisely how UBI would work or might be presented to a hopefully sceptical public is still to be revealed but my gut feeling is that this is a just a step along a road to far worse.
Would you still be able to get paid for working?
Would you actually have to work?
Who pays you?
Where does that money come from?
How much money would you get?
Would everyone get the same?
Who would be in charge?
How could you remove them if you didn't like what they were doing?
Would their be democracy in a world with UBI?
Just a few issues to chew on.
I don't know enough about the subject but hopefully we can have a discussion here on what it means and whether its a good thing or bad thing.