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RE: Unconditional Basic Income as the Social Vaccine of the 21st Century
Over the last 10 years of teaching university students about Rawls' vs Nozick's views on how to structure society, I've been thinking a similar thing. Even if you come down on the libertarian-minimal government-Nozick side (and a lot of people here do), this is an idea that makes sense.
Basic income might not be cheaper than doing nothing in the short term. But it will be cheaper than inaction if problems are allowed to get out of hand. I bet King Louis XVI wished he'd instituted a UBI!
Seriously, basic income also ensures that choices are truly voluntary as it reduces economic duress.
And ensuring that consumers have the ability to truly make those choices is obviously the best way to promote a competitive market. Competition is reliant on the consumers having options.
That should be a natural progression of the right-wing free-market thoughts. It's unfortunate that too many people are stuck in the 'how I wish to live my life' rather than realizing the contradiction in their personal ideology and following where that train of thought would lead towards. :/
Preach it brother, varoufakis is on board with this as well.