lazy unproductive shit society
What would look like biz/?
Capitalism cannot function without the threat of starvation and homelessness to drive the wageslaves.
I guess it's kinda the point for UBI shills, but if you tear down the system without an appropriate alternative in place, you'd just end up .
Western economies have been suffering from low aggregate demand for decades now, ESPECIALLY since 2008. Whatever benefits UBI brings could be better delivered using regular old fashion Keynesianism, and without plunging the entire economy into an insolvency deathspiral (all UBI experiments have failed to pay for themselves).
sorry that you're retarded man
I'd probably just turn around and buy treasuries with it on principle. Government gives me money which I then turn around and loan back to the government with interest which they then use to give out more free money which inflates my returns away from my treasuries, but it's okay because I'm getting more basic income that I'm turning around and loaning back to the government.
It worked in India and they bathe in corpse water over there
rents eat it immediately
Probably spend it in a economy that's not even close to its potential output...
it would look like about tree fiddy
It would look like widespread tax evasion and mass capital flight.
The same could be said for any expansive government program.
Marginal income tax rates used to be so high that an effective income ceiling existed in most western countries in the mid-20th-century. Such things are not impossibilities. Capital strikes can be crushed - anything less is a sign of a lack of political will.