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.
  • Psaldorn@lemmy.worldEnglish
    1·
    1 year ago

    The sad truth is current capitalism would ruin it.

    If you have a whole city UBI then rent and prices would immediately inflate to siphon that away.

    You’d need robust price laws beforehand, and that’s unpopular. Otherwise it’s just a tax-to-overlords pipeline