Fair warning: I’m quite ignorant in terms of economics, so this is a naïve way of looking at it.
The question that always pops up for me when it comes to UBI applied to the current capitalist system: even if you did actually come up with the money somehow (which is a pretty huge if as you say), once everyone has X “base money” per month, doesn’t that mean the cost of living (specifically renting) will rise to match this new “base”?
The question that always pops up for me when it comes to UBI applied to the current capitalist system: even if you did actually come up with the money somehow (which is a pretty huge if as you say), once everyone has X “base money” per month, doesn’t that mean the cost of living (specifically renting) will rise to match this new “base”?