this post was submitted on 03 Mar 2024
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(page 2) 50 comments
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[–] [email protected] 4 points 8 months ago

'Is money a birthright now?'

Hasn’t it always been, either directly or indirectly?

[–] [email protected] 6 points 8 months ago

The alternative is "You can't afford to live? Then die." Or arguably worse, "Here, we'll give you a pittance so that you don't actually die, at least not immediately, but your life will be brutish and short, and treat you as though you're beholden to us."

[–] [email protected] 38 points 8 months ago* (last edited 8 months ago) (2 children)

How else are you supposed to stabilize a highly-developed postindustrial economy with increasingly rare opportunities to get ahead for most of the population? Didn't you people read your Friedrich Hayek?

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[–] [email protected] 8 points 8 months ago (4 children)

UBI will ultimately end up in the pockets of landlords, shareholders and offshore wealth funds anyway. Sort out the inequality first, then do it.

[–] [email protected] 18 points 8 months ago (1 children)

I think that's a misconception. UBI is not free money for all. There will not be appreciably more money sloshing around.

Taxation will be balanced around the average earner giving back the same amount of money in tax as they get in UBI.

People below average will be better off. People above average will be worse off. People way up in the 0.01% will be considerably worse off.

Guess which of those groups keeps inventing new reasons why UBI won't work.

[–] [email protected] 4 points 8 months ago* (last edited 8 months ago)

The well-off will never be not well-off unless they literally depend on the people's exploitation. If they do, well, like they say, its like whoever the technological advances they depend on immediately put out of commission in terms of employment options off the table

[–] [email protected] 18 points 8 months ago (4 children)

The point of UBI isn't to sit in the pockets of the working class. It's to properly stimulate the economy while giving the working class spending money. It's meant to be spent, meant to go up the chain.

The biggest problem right now is non competitive markets that we have to pay into like housing, communications, utilities, and groceries. We need to get The trust busting hammer out. Competitive markets keep prices low. And for markets that can't be competitive, well they shouldn't be markets, they should be government agencies.

[–] [email protected] 7 points 8 months ago (1 children)

UBI also addresses the welfare chasm. In many cases, people on welfare who want to work can't, because working means they're ineligible for welfare but their income is less than what they make on welfare. It's a sort of trap that keeps many people in the welfare system.

UBI fills the gap, and allows people who want to work, but who are unable to work full time, or are unskilled and are qualified for only the lowest paying, entry-level jobs, to take that work, build skills and experience, and pull themselves up out of the welfare system.

UBI often assumes that it replaces welfare as we know it, but you'd get the same benefit if the bar for disqualifying welfare was higher, s.t. people could still claim welfare while working, until they reached some more sustainable income level.

It's not the main goal is UBI, but UBI would address this one very real issue we have with the current welfare system.

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[–] [email protected] 67 points 8 months ago (1 children)

Stephanie Hendon, 34, lived in a shelter while her husband was living on the street, making it difficult for them to raise their four kids. After a year of payments from the Austin Guaranteed Income Pilot, she had a three-bedroom apartment, a new car, clothes for her children, a new job, and new financial strategies for the future.

This is what GOap fights against: The literal improvement of peoples existence.

Never vote Republican. They hate you!

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[–] [email protected] 4 points 8 months ago

Now? When was it not?

[–] [email protected] 39 points 8 months ago* (last edited 8 months ago) (2 children)

"Money isn't a birthright" says political faction in favor of tax-free inheritance for its filthy rich members. More at 11:00.

EDIT: weird mobile correction typo

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[–] [email protected] 43 points 8 months ago (2 children)

UBI is the perfect capitalist solution to the majority of problems. It should allow for less market distortion and could have some really interesting outcomes.

I'm very excited to see a first world country use UBI.

That an externalities can go a long, long way in this world.

[–] [email protected] 9 points 8 months ago (1 children)

Capitalism depends on the threat of homelessness to function. UBI can definitely ameliorate the problems of capitalism, but capitalists will constantly fight it. UBI is also a great idea within socialist economies, where there would be no force against it. We should be doing both - eliminate capitalism and provide UBI.

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