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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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  • Matt K

    • 0
    Dec 27 2013: Already today 50% of all jobs in the world could be replaced by automation (Ask urself why google bought so many robot companies recently). To solve that dilemma the Unconditional BASIC INCOME is necessary. The term "full employment" is a myth. - kind of political propaganda

    However $2800 is too much. Prices are also regulators. So as we can expect population to peak by 10,5bn in 2050, it will be a total mess if everybody can do everything (10,5bn Malibu beach houses for everyone?? unfortunately that will not work, back into rabbit cages Hongkong, Tokyo people ;)..).

    So yeah, maybe $800 plus flat for free for the beginning, just that you can afford all kind of supermarket food, live an a small flat, and can go travelling every half year...

    why is believe $800 plus flat is optimal??...because $520 plus flat is already reality in Germany. however from $520 it is more survival than living...

    ...reduce the global population back to 1-2bn (before the exponentiell increase after 1950) and then give everyone a $5000 basic income. Better everyone can have a beach house, mercedes, just when he is born.

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