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A three-year UBI study done in Germany shows that a guaranteed monthly check increased labor market exploration and increased work satisfaction.
(www.pilotprojekt-grundeinkommen.de)
this post was submitted on 20 Apr 2025
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So capitalism is broken, you say? Broken to the point of needing to be replaced, you say? With a system that gives power to the people instead of corporations, you say? You make a compelling argument.
I completely agree. I just don't think dumping money at people which will be gobbled up immediately by price gouging food/shelter is the solution. Change the economy to a planned or resource-based one. Or add more competition to the market by having government provide cheap alternatives to food/shelter.
That's the solution I think all civilized nations will land at, plus universal basic income.
So everyone has an option for effectively free (since their UBI covers it) water, food, shelter, and transportation. But standard free market sources can compete to outdo the public options in any ways the public desires.
There's plenty still to do, since anyone invotating can outdo the public option, and make some extra money for their effort. While, at the same time, no one has to be quite as dragged down by an aunt with failing health who cannot work, anymore.
And any mega corporations that try to force everyone into closed lousy situations have to at least compete with the public option.
Of course, any mega corporations allowed to thrive will immediately try to kill off public options, which we do already see happen.