What if you could implement a universal basic income worldwide? How do you think this would affect global economies and societies?

What if you could implement a universal basic income worldwide? How do you think this would affect global economies and societies?

Former Senior Technologist at Educational Multimedia Technology (1985–2009)Author has 15.3K answers and 14.1M answer views

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Originally Answered: If everyone received a basic income, what do you think would happen to society and the economy? If everyone received a basic income, what do you think would happen to society and the economy?We would have more consumers with spending money, which means more sales, and more money changing hands, and a much stronger economy.Handouts to the poor help everyone, including the rich.Nothing trickles down, everything rises up.Related questions How would the economy be with a universal basic income for everyone? […]

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