Basic Income Could Be the Moonshot of Our Generation
I see lots of good arguments for a basic income, and I&#x27;m somewhat convinced that it could do much good, but these questions keep bothering me:<p>1. What percent of the population will just take their guaranteed income and do drugs&#x2F;play video games&#x2F;party all day, instead of being ambitious?<p>2. What will be the cultural effects of a large segment of the population living a life devoid of duty and consequences?<p>3. Will we allow these overgrown children to vote? And what would they possibly vote for except a bigger basic income and more freebies? And if you did restrict the franchise, then what incentive will the franchised class have to rule for the benefit of the disenfranchised?<p>4. Won&#x27;t this new underclass reproduce much more rapidly than the productive class? Again, what are the social consequences of this?<p>5. How do you reconcile a basic income with open immigration, which we seem to be moving towards? A basic income in the US would probably be greater than the yearly income of most <i>working</i> people in the world.