Poverty Reduction |
Significant decrease in poverty levels |
Positive, ensures a basic standard of living for all |
Limited or temporary impact on poverty |
Negative, disincentivizes work and self-reliance |
1) Disagree on extent of expected impact |
Income Inequality |
Decrease in income inequality |
Positive, promotes greater economic equality |
Increase in income inequality |
Negative, discourages productivity and entrepreneurship |
1) Disagree on extent of expected impact |
Labor Market |
Increased bargaining power for workers |
Positive, improves work conditions and wages |
Reduced labor force participation |
Negative, labor shortages and higher costs for businesses |
2) Agree on impact, disagree on desirability |
Entrepreneurship |
Increased entrepreneurial activity |
Positive, enables more risk-taking and innovation |
Decreased entrepreneurial activity |
Negative, discourages hard work and ambition |
1) Disagree on extent of expected impact |
Government Spending |
Significant increase in government spending |
Acceptable investment in societal well-being |
Significant increase in government spending |
Negative, unsustainable and burdens taxpayers |
2) Agree on impact, disagree on desirability |
Economic Growth |
Increase in consumer spending and economic growth |
Positive, stimulates the overall economy |
Decrease in economic growth and productivity |
Negative, disincentivizes work and investment |
1) Disagree on extent of expected impact |
Social Stability |
Increased social cohesion and stability |
Positive, reduces crime and societal unrest |
Potential social unrest and divisiveness |
Negative, perceived as unfair to productive members |
2) Agree on impact, disagree on desirability |
Personal Autonomy |
Increased personal freedom and autonomy |
Positive, enables self-actualization and life choices |
Decreased personal responsibility and self-reliance |
Negative, promotes dependency on government |
2) Agree on impact, disagree on desirability |