I'm confused, was that ever the expected goal of basic income?
I'm confused, was that ever the expected goal of basic income?
It's not something I've heard strongly voiced or considered, certainly surprised to see it defined as the aim of UBI as this article puts it. But then again there's a million definitions of UBI out there right now.
My main sympathy for a basic income is that "get people into jobs" so often comes up as an argument against all kinds of progressive changes (environment, shutting down harmful industries, automating bad jobs away, ...).
The goal of a basic income should be to let people without a job live a more fulfilling life.
If there was basic income where you still kept the $10,000, you would have a 0% marginal rate.
It's not clear how the finns designed their system. But Milton Friedman was actually for a form of basic income instead of social support, for this reason.
But a lot of the UBI movement likes to think that if given a long-term guarantee on a society-wide basis after a "vacation" period where people adjust to having the bottom rung of the hierarchy of needs guaranteed they would pursue higher actualization and often greater economic benefit to the society by doing so.
Its the difference between why a lottery winner will splurge it all in excess and vice and wind up bankrupt again while a hereditary millionaire can live a productive managerial life on top of a corporate hierarchy. The former lived without, had fortunes rain upon them, and treated it like evaporating water to be drowned in. The later had from birth, never went without, and thus never had to fear being without. They didn't know the scarcity or struggle and thus didn't overdose on excess since they always had it.
The opposites also happen. Lottery winners sometimes stay responsible with the money. Rich kids blow their family fortunes and end up destitute. But the disparity between them is the divide between the fleeting sensation of plenty and being immersed in it in perpetuity.
So for UBI advocates, the idea is that immersion in a basic standard of living would enable the masses to behave much like how the billionaire playboy philanthropist does on a smaller scale - learn more, expand your horizons, take more risks, and pursue your passions. If you don't feel like you could ever lose the basics, and everyone has them likewise, nobody is in a struggle to survive that breeds animal instinct anti-rational behavior like payday loans or buying lottery tickets. If you are instead struggling for splendor and prestige rather than food and shelter you have a lot more room to grow as a person, and for those that do they will be much more valuable to society as innovators than burger flippers.
The incentives are really screwed up. They do want you to use it and if you do they don't want you to leave it.