The 1% may perceive no need to waste resources maintaining social/leisure structures, or ensuring access to higher education or technical training schools used by the 99%. Also they may see no need to provide sufficient disposable income for UBI recipients to engage in meaningful and positive social, intellectual and leisure pursuits. And the prison-industrial complex is a very lucrative and burgeoning investment sector for the 1%. So there are financial incentives for them to prefer this type of UBI implementation. Their preferred society may be one of a fully segregated world in which they live in material abundance and security in gated elite communities while the masses trapped in a UBI-welfare system subsist in relative squalor or are incarcerated.
The middle class may for a while be financially induced to accept this minimalist type of UBI system. If payments are universal they may see a modest bump in income. But this is shortsighted thinking. Ranks of the middle class too will eventually be rendered obsolete and will enter the new UBI social-welfare system.
The 1% will promote the UBI-welfare system as a generous win-win situation for all. However, a UBI system implemented as expanded welfare is nothing more than an economic Trojan horse placed at the gate of the 99%.
Whether the 99% will accept this "gift" remains to be seen. [To be continued.]
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