I have tried to follow Mr Hoskins simple logic on why an UBI is not a good idea. One of his arguments is that UBI would be squandering the money on (rich) people who do not need it. However, at the same time he condones the fact that people in need shouldn’t get anything either. Logic of reverse conclusion obtrudes. This is a fine example of the ultimatum game where Hosking sees himself unfairly treated. Interestingly is he one of those who might not need an UBI.
If one mind is speaking about “not losing our minds” it may as well prove a very narrowed point of view of the same. Mike Hosking is eagerly bashing an outspoken pondering about an universal basic income (UBI) by finance minister Grant Robertson.
Hosking is defending the status quo of an economic system that resulted in dramatically reduced healthcare in many places in the western world such as Italy. Before the financial crisis Italy’s spendings on health care was on the same level as Germany’s. Since then, the spending has declined by 32% as a result of European politics. These politics aimed at privatisation of the health system, pushing responsibility away from the government to the market. This resulted in less intensive care units, in fact from 10 beds per 1000 inhabitants to a mere 3. The Italian government went this way in order to pay back debt. This is a result if the state gives up control over essential services. A point that Mike Hoskins apparently supports when he states that “it’s about the control by the state, it’s about everyone being reliant on the government.”more