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RE: Steem, automation, and the dream of basic income
however much i want this to succeed i can't see how it can finance everyone to a standard of living most in western countries are used to
however much i want this to succeed i can't see how it can finance everyone to a standard of living most in western countries are used to
As I understand it, part of it is that we currently have many redundant benefits programs for both housing and food. A great deal of savings are possible by rolling them all up into a single program. There's also the money saved by making it unconditional, so stuff like drug testing isn't done. Essentially it's just a more efficient, less costly benefits program.
Then, there's the matter of what it costs taxpayers to provide healthcare to homeless people for the conditions they suffer as a result of living outdoors full time, as well as the court costs, police costs, etc. involved. If you look into the Utah solution to homelessness, it turned out to be cheaper to buy every homeless person an apartment (outright, not rented) than to cover their police, court and healthcare costs over their lifetime. Keep in mind this is just for the chronically homeless, which are 8% of the homeless population.
i understand the benefits of such a system for the disadvantaged and disillusioned but i still think even with all these cost saving that you mention that such a system is viable without raising taxes to unmanageable levels
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