- Joined
- Sep 16, 2008
- Messages
- 26,226
- Likes
- 14,407
- Points
- 113
People that wanted more would demand more for goods and services. The "admittedly limited" part should be the most admittedly important.
The "admittedly limited" meant that the experiments had limited scope (smaller populations than, say, a populous US state or the US as a whole). As I understand it, the premise for UBI is that everyone would be guaranteed a minimum livable income, nothing more. Anything beyond that that you want, you'd need to earn through some other method.
As automation begins to eat away more and more jobs, something like UBI will probably become necessary, IMO.
