What Does the Debate on Automation Mean for Basic Income?
Adam Ruben
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After carefully looking all the pros for UBI I have now concluded that, unless other actions are taken alongside UBI, the poor/precariats won’t be any better off because prices would go up to capture the new money. This would a repeat of what happened when women started to bring a second income into the household. The only groups who gained from that was the 1%. Margarite Kennedy’s research: https://freedomriver.wordpress.com/comparison-of-interest-paid-gained/