What are your thoughts on universal basic incoome?
What are your thoughts on universal basic incoome?
Alexander Long
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Ryan White
coomers gonna coom
Jack Watson
My thoughts are that they can keep it and shove it up their asses. It's a paltry sum that will enable kids to buy just enough weed and video games to vote Democrat for the rest of their fucking lives.
What am I going to do with UBI? Throw a pizza party once a month? Pay one utility bill? Perhaps use it for tips (the government will pay 100% of all the tipping I do) so everyone will think I'm a big tipper?
Dylan Gonzalez
Diese gut
Aaron Ward
Do it let people be free, remove all unnecessary people out of the work force (the large % of people with "fake" jobs who do nothing all day) Pay those who do work, more, so it's worthwhile, and give a UBI to those who don't. Imagine how many great artists/inventors/coders/thinkers are unable to fulfill their dreams because they are forced to slave labor instead of doing what they love, the world will be much better off for UBI
Jordan Williams
Great point
Kayden Nguyen
Damn this board has really lost its way. This sounds like something I would read on the DNC homepage
Elijah Reyes
it will lead to even greater disgenics
Brandon Rivera
Gay shit for coping millenials and zoomers who are in debt with comp sci degrees and want easy money while they work on their useless professional video game careers.
Aaron Nelson
it will be needed in the future because a lot of low wage jobs won't exist but not right now.
Asher Evans
Yeah imagine all the potential those retarded niggers and illegal spics have. They wuz kangz n shieet.
Wyatt Ramirez
Most r*ddit policy in existence
Jeremiah Morales
it's inevitable in a post-capitalism world, but we're far from there.
Luis Hernandez
Faggots getting government gibs and wanting to "10x" it on robinhood have infested this place. No actual knowledge of economics, just gibs and gibs
Carson Martinez
my thoughts are my thoughts don't matter. this is corporate facism and you're going to like it.
Jeremiah Thomas
free money
gibs me dat
Adam Young
Based
Matthew Parker
If everyone has an additional 1000 dollars per month then everybodys rent is getting increased, by 1000 dollars a month.
This phenomena is called "inflation".
Nicholas Martin
wrong, why should a company pay for a robot to get rid of workers, and then still pay the workers UBI?
That's never going to happen, what's gonna happen is low-skilled jobs are staying forever.
Benjamin Cox
I'm a very conservative capitalist, but I feel UBI would work in developed nations like the US, UK, Germany etc.
My day job sees me implementing systems that nobody will care about in 5 years. The stakeholders all do mundane glorified data entry, all of which can be automated. I have friends crunching numbers in excel sheets that nobody gives a fuck about apart from the tax man. The current work structure in the 1st world is forced and I believe in a world where UBI exists, a lot of these mundane jobs will be deemed unnecessary anyway.
See, people would still work; they need to fill the time. However, this doesn't mean they need to be helping package fast-fashion goods, serving people at tills or crunching pointless excel sheets and churning out powerpoints. UBI would give people the safety net of an income where they can buy food and pay rent, allowing them to work on what they want to do. I feel that's a more productive society.
Why do I say it would work in the 1st World? We mainly import our goods. It wouldn't cause a devaluation of currency due to the globalisation of the economy. We would still be paying the same prices as every other country for goods and services in this context.
I feel capitalism is required to advance humanity; socialism will never work under our current social hierarchy. Capitalism fires up innovation and we need to create an Artificial General Intelligence (OpenAI or DeepMind will achieve this in ~10 years) for UBI to work succesfully
Julian Perez
UBI will just be a transition phase to make sure the "unneeded" population won't start rioting/planning a revolution. The reality is if people don't have work, then those people are no longer needed other than to use as a political weapon. I'm not sure what the elites have planned, but I bet they have a depopulation agenda since why the fuck would they spend so many resources on hundreds of millions or even billions of people if those people aren't going to be working? It doesn't make sense to keep them alive. The only "UBI" which is self suficcient or makes sense is where every citizen has a share in the robot/automated work force and they earn the income as dividends. Basically like stocks.
What I wonder about is if there will be some sort of "requirements" for UBI like you can't have children or so, because otherwise UBI just won't be sustainable.
Samuel Jackson
Makes you a prey animal even more than you already are....watch videos for more info
Wyatt Cruz
Those people will still work, and im sure most of them would even do the same job as before.
The UBI needs to be a bare minimum to pay for food and rent. Thats it. Put high taxes on everything else. Want some booze? Cant afford that without a job.
Gavin Gray
>Articial General Intelligence in 10 years
Literally not a single person who works in the field things this is even a remote possibility.
LMAOing at your life.
Brody Nguyen
If you buy into the idea that government should provide a very basic floor of wellbeing to its citizens (at the expense of a moderately lower ceiling for the well-off), then it is probably the most elegant way of doing it. It avoids the usual welfare trap of most existing needs-based programs and eliminates most of the bureaucratic machinery involved with determining eligibility as well. I think a lot of people don't realize how much of the cost of current welfare goes to simply determining who deserves it and who doesn't. There is a huge amount of bureaucratic bloat involved in that process. UBI cleanly cuts it all out.
Intellectual children will always pull the argument that people will just spend it on weed and video games. The numerous (though admittedly all small and limited in scope) studies that have tried UBI, mincome, citizen dividends (eg Alaska), or basic cash transfers in lieu of in-kind assistance have all found that people overwhelmingly spend the money on things they need. There will always be bad apples who will mismanage the funds given to them, but this is a small cost relative to the cost of maintaining needs-based bureaucratic machinery to try to winnow them out of the recipient pool.
It would definitely require more taxation/redistribution, either via real taxes or the ersatz taxation of money printing. All income would equalize towards a median figure, essentially, which lies somewhere in the range of the middle class (last time I did numbers, it was around $70-80k salary where it would break even - ie, that's the income where the additional tax would = UBI received).
The two biggest hurdles would be 1) obviously, the rich getting upset and moving in droves to other countries, 2) rent hikes, since the true parasites of our economic system (landlords) will know that every human has $X more to spend each month now, they will likely just raise rents by $X unless UBI comes packaged with rent controls of some form or fashion.
Jason Butler
Funny, because they do. GPT-3 is more powerful than anyone imagined. They 100x'd on GPT-2 in the space of a year. On their current growth trajectory in parameter size, their model will have as many synapses as the human brain in 2-3 years time. Within 10, it will be superintelligence level. GPT-3 will already eradicate a lot of low-level creative jobs in the coming few years.
Carter Lewis
I really don't see how if everyone gets $1,000 a month prices won't change to reflect this.
The inflation will be insane. Nobody is richer if everyone gets an extra $12k a year.
Noah Flores
it will destroy the dollar and make me rich, i'm all for it
Ryan King
One other underappreciated aspect of UBI is that it (IMO) effectively empowers the individual to negotiate for benefical terms of employment without the nepotistic, expensive, bloated, expensive involvement of labor unions. If you have UBI and an employer offers you a raw deal, you can just walk. Simple as that. Without it, employers know you are precarious and need money to not become homeless, starve and die, so they can offer you dogshit terms and know you'll eat it up.
Jeremiah Ward
freedom isn't free.
Luke Thomas
It will happen and that would mean that the masses are going to be litteraly slaves for the elites. What kind of autonomy can you have when you aren't even responsible for feeding yourself?
Thomas Morris
we need to wipe out all existing culture before UBI becomes practical; maybe a nuclear war would work
reality:
>automation will eventually run away in terms of cost-effectiveness and human labor will become a pointless exercise in redundant value-generation; the product of human culture will be diminished by the fact that most people are wasting time
also reality:
>the market will always catch up to UBI, making it worthless
>landlords who already scalp tenants for their slave wages will just start scalping tenants for their gibs as well
UBI will eventually work in a society where collective wealth is managed by AI
it will not work in a society where the bulk of capital is managed by elite minorities
Chase Young
Why would the US gov give free money to its citizens? There's certainly something more. The fact that people who work would also need UBI to not live like a complete hobo means the labor of that person isn't really valued much. With automation, all the unemployed people will get their UBI check to pay for some cuckshed rent and maybe some bare minimals and then they will flow to the low entry jobs which will definetely lower the wage. I just can't see a sustainable scenario with a country as big as USA. I can see Finland or Switzerland doing UBI or like some arab oil rich countries where I believe some already have the UBI for its citizens.
Jack Nguyen
That’s not how it works
Companies don’t pay UBIs
There’s something I don’t understand: how come people (mostly NPCs) don’t say anything when the government bailouts and gives trillions in gibs to banks and Tesla and shit like that but then, when the govt gives some money to regular people they REEEE like there’s no tomorrow?
Benjamin Smith
i think it lets someone participate in capitalism. their spending is my income. even in monopoly you get $200 for passing "go". it will do alot to prevent abject poverty and homelessness which still cost everyone else money in other ways. it shouldn't be alot, just enough to barely not die in middle america.
poor people spend money, it will stimulate growth and increase monetary velocity which is good for GDP
Charles Murphy
This is true too and they will be slaves nonetheless.
Gabriel Young
It’s just a fancy name for welfare, which has been horrible ever since it was implemented.
Jonathan Clark
How is UBI going to be sustainable though with population growth?
Jacob Price
As a neet, I'm torn, on the one hand I'm scum that likes free shit, on the other, it's not affordable without [something fucking dramatic] happening, not to mention the only real result will be raising the floor on what is considered enough to exist, never mind live
Ayden Johnson
If we are talking about a strictly redistributive funding plan, I fail to see how population growing or shrinking would meaningfully affect it so long as the underlying income distribution remained about the same. If you are talking about mass immigration, then yes, there would certainly need to be strong citizenship limitations in order to receive your UBux. This is still not very complicated or bureaucratically cumbersome, since you can just check that the person has a valid birth certificate, SSN, whatever the criteria would be, filed with the respective agency.
Lucas Torres
and in fact, I misspoke, income distribution would not even matter so long as average per capita earnings did not meaningfully change.
Dominic Young
It'll work well if we cleanse the muds beforehand. niggers and shitskins will simply multiply until all resources are depleted.
Oliver Turner
Welfare as currently implemented is built to fail and traps people in positions where it is preferential not to seek work because the options are a) receive $2000 in welfare a month or b) work 160 hours a month for $1800. We are seeing the same thing right now with the Coronabux where peoples' unemployment is more than what they were earning in the first place. Of course unemployment is as high as it is when it is more profitable not to work.
UBI is unconditional and only 'goes away' gradually and indirectly via taxation of earned income. There is not a cliff the way there is with welfare which disincentivizes employment.
Properly conceived UBI would remain pegged to a very basic standard of living, enough not to die but not nearly enough to enjoy most of the perks of capitalist society. If you want a nice phone, your own car, clothes that aren't from goodwill, etc. You'll need to work for them.