UBI, or universal basic income, is a form of direct cash assistance to help the most vulnerable get back on their feet. A new study in Denver suggests it works.
  • Melllvar@startrek.websiteEnglish
    81·
    11 months ago

    Every time I see this it’s a small group within a larger capitalist society. So of course the results are beneficial to the recipients; it’s not really proving anything in that respect.

    The problem as I see it is how to make it work as its own self-sustaining economic system.

    • scarabic@lemmy.worldEnglish
      3·
      11 months ago

      That’s a worthwhile point. However the whole trick with capitalism is to have some counterbalances in it so it doesn’t become an absolute jungle. The SNAP program is a minor program within the scope of capitalism but it’s aimed at preventing the absolute worst of the worst outcomes.

      So small anti-capitalist programs are actually an essential part of capitalism. Unless you want to have absolutely no floor and watch 5-10% of people literally starve.

    • Cryophilia@lemmy.worldEnglish
      1·
      11 months ago

      The problem as I see it is how to make it work as its own self-sustaining economic system.

      Wouldn’t that be a loan?