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What's your opinion on Unconditional Basic Income? (This is not Communism)

The Basic Income movement is one that is quickly gaining ground around the world. Both prominent right and left wing persons have given their support for this idea.

What's your thoughts on Basic Income, do you think it's a good idea?

http://en.wikipedia.org/wiki/Basic_income
http://www.reddit.com/r/BasicIncome/

EDIT: I forgot to mention (in case you haven't heard) that what sprout the movement was Switzerland's proposal for basic income ($2800 monthly). http://www.reuters.com/article/2013/10/04/us-swiss-pay-idUSBRE9930O620131004


EDIT 2: This is NOT meant as a universal cure for all the problems of the world, things like education, politics, corruption and deceases are separate issues (even though Basic Income might help with them) if you wish to solve those issues please join or start a conversation about those. However discussing them with respect of BI is very fine and encouraged.

Please try to NOT sway too far from the topic, which is "What's your opinion on Unconditional Basic Income?". Comments to others opinions are of course free to go far from the topic, but preferably not too far.

And please try to be constructive and mature in your comments to others on this conversation.

Also please read AT LEAST the provided Wikipedia article on Basic income as it will answer many questions posted here.


Thank you for reading this explanation...(?)

Topics: basic income
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Closing Statement from Jimmy Strobl

Wow, thank you ALL for your contributions to this conversation!

There's no way that I'm going to be able to summarize what was said here.
But I do feel that people might be ready for this transition or at least they are able to be convinced that it is feasible.

Anyway, thank you all for your participation and sorry for the lack of response the last few days.

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  • Dec 15 2013: Personally I think this is a bad idea right from the start. If this money comes from the government, they are either borrowing or using high taxes to pay its citizens--which will end in a deficit. The people below the poverty line have opportunity to make money, they do not have to sit there and work at McDonald's for 30 years. I was reading an interesting article the other day, saying about 60-70% of families under the poverty line are single parents, 70% of those single parents had a kid before they were married and knew the types of birth control out their. I'm sorry, but I am not going to pay for someone else's responsibilities. Call me a bad person, but in reality, we cannot have so much pity for people that we hand them a check.
    Problems for the U.S is that we have 317 million people,you cannot just hand out checks of $2,800 a month. Maybe it works in small countries, but definitely not in big ones.
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      Dec 16 2013: The first place to start is by realizing that all economic structures are human made. They do not exist in any form other than that which we assign them. Once that point is grasped all that is required is agreement on what a new structure will look like and the will to create it.

      I love to point out that human beings have been stuck in mental containers and safely sent to the moon and brought back again. And those endeavours required real world understandings and massive co-operation, innovation and most of all belief in its possibility.

      So what makes one of our man made and mostly imaginary structures so difficult in light of those accomplishments?
      • Dec 16 2013: Then you merely have to have a sufficiently large military-police apparatus, and, voila! "Workers' Paradise!"
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          Dec 16 2013: while others have imagination, insight and perspective
    • Dec 17 2013: Blake I understand your point, but actually you're already paying for these responsibilities - your taxes go to welfare, child benefit and lone parent benefit. The Unconditional Basic Income is only available for adults and I don't think it is affected by the amount of children you have (or perhaps children get a quarter of the adult rate). So actually if you aren't a fan of paying for these responsibilities, basic income might be the way to go.

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