It’s known as “Ingreso mínimo vital”. It’s money given to everyone under X income. Without any other considerations. Everyone who doesn’t have that money by themselves is given it by the government.
Giving everyone, even millionaires, 500€ a month is an unreasonable application of UBI. It makes no sense doing it that way. No sense whatsoever.
Traditional welfare can run off, as it’s a program with X amount of money attached to it, UBI is not linked to allocated resources, so it doesn’t run off.
This the difference between traditional welfare and UBI is that UBI is given to EVERYone who needs it. As before welfare programs traditionally ran of of money before reaching everyone. There’s no need, and it makes no sense to just give everyone money that it’s going to instantly vaporize (via taxes or inflation)
Maybe. But given the unreasonable approach of a radical UBI I thought reasonable that more people understood the GMI approach as the way to actually materialize an UBI.
I stand corrected as it’s clear that many people actually believe that a pure UBI is somehow feasible as it’s simplest definition.
It’s like when talking about democracy we are not talking about ancient greek democracy but about modern democracy instead.
Spain.
It’s known as “Ingreso mínimo vital”. It’s money given to everyone under X income. Without any other considerations. Everyone who doesn’t have that money by themselves is given it by the government.
We also have RSI in Portugal and it works in a similar way. It is not UBI. The U stands for Unconditional. What you describe is just welfare.
Giving everyone, even millionaires, 500€ a month is an unreasonable application of UBI. It makes no sense doing it that way. No sense whatsoever.
Traditional welfare can run off, as it’s a program with X amount of money attached to it, UBI is not linked to allocated resources, so it doesn’t run off.
This the difference between traditional welfare and UBI is that UBI is given to EVERYone who needs it. As before welfare programs traditionally ran of of money before reaching everyone. There’s no need, and it makes no sense to just give everyone money that it’s going to instantly vaporize (via taxes or inflation)
I’m not debating the merits of UBI. All I’m saying is UBI is, by definition, unconditional.
Maybe. But given the unreasonable approach of a radical UBI I thought reasonable that more people understood the GMI approach as the way to actually materialize an UBI.
I stand corrected as it’s clear that many people actually believe that a pure UBI is somehow feasible as it’s simplest definition.
It’s like when talking about democracy we are not talking about ancient greek democracy but about modern democracy instead.
GMI has the problems you yourself stated. When someone working earns as much as someone on GMI they are bound to feel resentment.