Has this idea worked successfully in other places and if so, where? I’d like to know how UBI has fared from an historical perspective. It seems to me we would need to have a much more ethical and altruistic society than our current one for this idea to succeed. We’ve become a country too driven by greed and materialism.
Three people close to me have gone into business for themselves, using innovative ideas and acquiring needed skills to succeed in their respective areas. Their biggest challenge? Getting customers to pay for services rendered. One of these people told me the worst offender of all was Wall Street. My friend has many dealings with Wall Street, and they will not pay what is owed unless they have no legal recourse. Another one of my friends, rather than pursue legal action to receive payment she was owed, finally closed her business and retired. My third friend does not deal with Wall Street, she works with assisted living homes, and she has to hound her clients to death for payment due.
Whether we have UBI or not, we need to develop a new mentality based on better business practices.