Analyses like this just make me think Basic Income will radically shake up civilization more than most people realize. In particular, it will help divorce this ubiquitous cultural association between time and money. This reason alone may explain some of the hostility toward implementing even a rudimentary form of UBI.
Some of the most rewarding human experiences have zero financial value and subsequently are dismissed or ignored as "irrelevant" by a significant amount of people. It would be fantastic if we evaluated the worth of an activity on its beauty, meaning, or another hundred adjectives other than how much money we're losing by doing it.
There is also a pretty robust history of academic literature arguing that culture, art, religion, and pretty much everything else arises from leisure time. Leisure: The Basis of Culture by Pieper is a good read on this.
Some of the most rewarding human experiences have zero financial value and subsequently are dismissed or ignored as "irrelevant" by a significant amount of people. It would be fantastic if we evaluated the worth of an activity on its beauty, meaning, or another hundred adjectives other than how much money we're losing by doing it.
There is also a pretty robust history of academic literature arguing that culture, art, religion, and pretty much everything else arises from leisure time. Leisure: The Basis of Culture by Pieper is a good read on this.