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If you hear for the first time from Universal Basic Income then the first questionis is normally:
"If you give people money for nothing, why should they work? We don't have any such programs in South Africa."
Good question. Very often asked....
The first answer is in most cases wrong...
There is no!! evidence in all reports that the people who get the UBI stop to work.
Look in this report "Examining Universal Basic Income in Kenya"
https://borgenproject.org/universal-basic-income-in-kenya/
The Results
Those receiving universal basic income in Kenya experienced better food security and were less likely to report experiencing hunger in the past 30 days. This resulted in a widespread improvement in overall rates of hunger. Hunger rates fell from 68% to 57%, with the strongest improvements coming from the long-term group of recipients.
Looking at general health including mental health, UBI recipients showed promising results. Results indicated that payments reduced the probability that an individual would seek medical treatment. Furthermore, households were around six percentage points less likely to report that a household member was ill. Research also suggests that payments reduced hospital utilization, which helped preserve hospital capacity. Having the peace of mind that at least one stream of income would remain steady certainly played a factor in improving the well-being of Kenyan’s facing economic uncertainty.
Universal basic income payments helped individuals stay resilient through the devastating effects of COVID-19. Nevertheless, basic income is still far from a silver bullet for fighting poverty. In Kenya, UBI was not effective at completely protecting recipients from economic hardship, and by nature, a UBI program will expose individuals to economic volatility and cannot guarantee complete financial protection.
However, payments allowed individuals a crucial advantage in holding on to basic needs such as food and healthcare in comparison to those without any basic income payments. This demonstrates that putting the infrastructure in place for universal basic income in Kenya can provide much-needed relief and security to citizens when they need it most.
– Andrew Eckas
Source: https://borgenproject.org/universal-basic-income-in-kenya/
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Perhaps surprisingly, countries all over the world have experimented with UBI programs. What may come as an even bigger shock is that it has been in use in the United States for the last four decades. Since 1982, Alaska has implemented the Alaska Permanent Fund, an investment fund that disperses a dividend of anywhere from $1,000 to $2,000 to every Alaskan resident including children. The results have virtually eliminated extreme poverty in the state. Extreme poverty refers to those living on $2 or less a day.
Outside of North America, UBI programs have undergone implementation in every continent except Antarctica, from Brazil to Japan with a varying degrees of success. This highlights the widespread capabilities and applications that are possible with basic income systems. However, 2020 introduced a new variable to the theory of UBI.
How would a basic income system affect communities dealing with the adverse health and economic effects of a global pandemic?
Among the questions on UBI are:
Will subjects spend all the money or will they save a certain amount?
Will they stop working altogether or work less?
Will they donate money to others?
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