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?
But if you do UBI + NIT it would theoretically be sufficient… Although I still think that a strong price regulation and anti-monopoly/anti-oligopoly law should be done for it to work. So yeah, we’re cooked.