‘You can't pull yourself up by your bootstraps if you have no boots.’
I'd not known that he US had been as close to going down this path as it was decades ago.
The big arguments that I've heard against this are mostly countered with empirical data in the article. The one that came up on Facebook that wasn't covered is: Didn't this fail in the USSR? -- The USSR while it had an income didn't also still have ownership in the same way. Everything was owned by the state. So there wasn't a drive to make more than the minimum.
Unfortunately, it is unlikely that we could actually implement such a system in the US with the current political climate even if it would save money.
Source via Kevin Shuie on Facebook