Basic income problems

The problem isn’t that basic income doesn’t sound good enough—it’s that it sounds too good to be true. The idea of a guaranteed wage paid to all by the state is detracting from the need to reconsider our approach to work in the age of artificial intelligence. Friedman, for example, preferred “a negative income tax”, where people on no or low income receive top-ups from the state. There are different creation stories as well as visions of what paradise will look like. they could better remedy the marginal tax problem through an Will Shetterly, “Four problems with work requirements […]

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