The concept might sound far-fetched, but a so-called universal basic income (UBI), is one of the most hotly debated policy topics being floated as a means to address "income inequality" (which cannot exist in a capitalist economy) and the disruption that technology poses to the workforce. Advocates for UBI argue that a guaranteed paycheck could serve as a way to fight poverty and uncertainty in an evolving U.S. economy, and encourage workers to take more risks in the job market if they had some extra money as a cushion.
With a turbulent economy giving rise to populism, Andrew Stern, the former president of the Service Employees International Union, said the economic environment was creating a "U.S. of anxiety" over money. A universal income would be "humane, flexible, it promotes choice and freedom, and offers security to individuals.”
Karl Marx said, “From each according to his abilities, to each according to his needs.” Marx, like Stern and all Marxist/Progressive advocates who believe need is the only basis upon which to base income, UBI said to ignore production and allow an individual to pursue whatever makes them happ.
What we know, is no matter how compassionate and humane the Marxist/Progressives make their argument sound, their philosophy always brings cruel and inhumane conditions to those very people the Marxist/Progressive claims they want to help. Look south to Venezuela for socialism in action.
Socialism is the Big Lie. While it promises prosperity, equality, and security, it delivers poverty, misery, and tyranny. Equality is achieved only in the sense that everyone is equal in his or her misery. In the same way that a Ponzi scheme or chain letter initially succeeds but eventually collapses, socialism may show early signs of success. But any accomplishments quickly fade as the fundamental deficiencies of central planning emerge. It is the initial illusion of success that gives government intervention its pernicious, seductive appeal. In the long run, socialism has always proven to be a formula for tyranny and misery.
A pyramid scheme is ultimately unsustainable because it is based on faulty principles. Likewise, collectivism is unsustainable in the long run because it is a flawed theory. Socialism does not work because it is not consistent with fundamental principles of human behavior. The failure of socialism in countries around the world can be traced to one critical defect: it is a system that ignores incentives.
As more and more people receive based on need, fewer and fewer people produce. As production recedes, less and less is available for the non-producer’s needs. The result is Venezuela.
The United States, along with many European nations, are on this path. Their citizens have been convinced through the silver tongue pronouncements of self-serving Marxist/Progressive politicians, that not only should their needs be supplied without any responsibility to produce, but it is the responsibility of the government, through the confiscation of their fellow citizens personal assets, to provide for those needs through redistribution programs. This is where the Big Lie, you can have your needs met without producing, has led Venezuela. The Big Lie always ends in poverty and chaos for the citizens, even those who do not believe the Big Lie.