I was once talking with one of my classmates and he said that in the future, there will be universal basic income implemented by entire world. I was not convinced at that time and thought he is just being stupid but given the layoffs happening and massive amount of unemployment, I am thinking about this possibility. What do you say?
realistically, yes, at least in america. the reason is simple: it makes the economy go up. if people have more money to spend -> more consumption -> more revenue for companies -> more profit -> higher stock valuations. it’s very simple actually. it’s very much in the interest of the state and everyone in power to do exactly that.