there’s also the economics to consider. At best UBI is keynsian fantasy using all the scientific rigor of Munchhausen’s journey to the moon. At worst it’s a cynical play at rebranding more and more basic public services in a way that lets massive corporations exploit them, and by proxy, the people forced to use them.
Government revenue doesn’t work like a household or business’ – they don’t work on positive balances and they have access to monetary policy. This means that for the numbers of UBI to work, you either engage in hyperinflation on the order of cambodia, venezuela, and zimbabwe, or you gut all other public infrastructure and services.
In the most optimistic scenario you additionally tax the only institutions that could support a plan that large, the multinationals. Those multinationals will work for regulatory capture, but in the short term offer subsidies to people that use their services to the exclusion of others in order to make that tax rate back.
You’ve essentially created an externality market that lends itself to crushing communities, small business, and individual social mobility, and installs these multinationals as far more influential fixtures than they already are. You’re allowing for corporate crowding out instead of public sector crowding out.
At least public sector crowding out builds roads and parks.
UBI, in any implementation, is inviting in the wolves at the door. You’re handing your freedom and your fate to the people who got us into the mess that made it seem attractive in the first place.