this post was submitted on 09 Oct 2021
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The UBI is a huge unnecessary expense in developed countries and an impossibility in developing countries. It is a terrible idea, especially if the aim is to have quality public services. In addition, it can discourage active job search and/or the inability to hire someone. On top of that, the market would simply adapt to this measure by raising prices.
To get out of poverty, stop drowning people in taxes, allow a wide contractual freedom and above all, eliminate the privileges of some oligopolies by completely withdrawing patents (like closed source software) and eliminating millionaire subsidies. In this way, the playing field is balanced by introducing more competition and allowing wages to rise where they need to rise.