Comment by Simulacra

IMHO basic income runs up against two problems: 0. People are primarily self serving and will likely not use the money as proponents intent, and 1. If you give everyone a basic monthly income, what’s stopping everyone else who provides services (i.e. housing) from just increasing prices by however much the income is, thus negating the free money in the first place. What would make more sense are price controls to bring down costs, like housing and utilities.