LogFAQs > #938287896

Zeus posted...

It was unsustainable even before you have fewer people working. Honestly, UBI is only really sustainable when the government owns all means of production because otherwise there's no incentive for anybody to work. And we aren't anywhere close to reaching the level of automation where you could have a post-labor society

UBI provides enough income to survive on (food, shelther, clothing, healthcare). The incentive to work is if you'd like to have more than the bare minimum needed to live off of.

Ideally it's paid for by taxing company profits (at point of sale, none of the inversion crap) and only giving tax breaks for having lots of U.S. employees. That way either they're providing lots of jobs, or if they're making money w/o doing that (whether via outsourcing or automation) they get hit w/ a big tax bill that's used to fund UBI to make up for the lack of jobs available.