Reply to post: I see no mention of Speenhamland, a form UBI

Universal basic income is a great idea, which is also why it won't happen

G Mac

I see no mention of Speenhamland, a form UBI

It was tried a couple of hundred years ago in the UK. It was a form of rural poverty relief, but in the end caused employers to use the payment as a subsidy, which I suspect would happen with a UBI.

A better solution in my view is a Job Guarantee is a better. It puts a floor under wages, gives people a chance to have meaningful employment (whatever that may be), and alleviates the problem of employers not wanting to employ the short/long term unemployed.

https://en.wikipedia.org/wiki/Job_guarantee

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