HOW DO WE PAY FOR IT?
The Earth presents us with more than enough resources to eradicate poverty and meet the basic needs for food and shelter of every human being on the planet. Pity there’s not enough money to pay for it all.
WHAT’S THE INCENTIVE TO WORK?
Define “Work?”. No, seriously, define “work?”
You’re currently reading this article. Is that “work”?
If you said No.
What if I offered to pay you £7 an hour to read this article. Is it “work” now?
If you said Yes. Which one is it? Is reading this article “work”? Yes or No?
Everything is “work”.
“Work”,is quite simply “doing something”.
With an Unconditional Basic Income everyone would be able to choose the “work” they want to do.
They could either do “work” they love, just for the love of it.
They could “supply” their labour to earn a wage, set by a true free market, using supply and demand economics.
Eradicating Poverty is a socialists dream
Living in a true free market economy is a libertarians dream.
Unconditional Basic Income does both.