Response to Jim about universal basic income

Hi Jim,

I don’t see how a UBI would “guarantee governmental control of [our] actions.” UBI comes without strings attached in terms of how a recipient spends those funds. Perhaps you mean that people would be less likely to dissent because they don’t want to bite the hand that feeds them, so to speak. Then again, that’s already the situation that exists, only it’s the private sector that profits from what’s essentially wage-slavery, in many cases.

As I alluded in my essay, household debt currently controls people’s actions. What I didn’t mention is that people turn to debt because their real wages (wages adjusted for inflation) have stagnated for decades. See for yourself in the graphs below. A basic income, if not a universal basic income, would help to correct this problem.

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