ADevilYouKhow
Rhyme Reason
lets have a little input from our favorite nose candy loving philosopher
Does he realize how much harm he's doing to the people of South America?
The Rich Already Have A UBI
- Thread starter CHL
- Start date
Does he realize how much harm he's doing to the people of South America?
Linking videos by known Eastern European communists? Shameful.
@DEAD7 time to earn your paycheck. Ban communist alias
I'd much rather address labour exploitation than resort to basic income but 
UBI has been a conversation for a long time now, and has been considered by a lot of serious economists. It has no relation to discussions in Communism at all - it's pretty substantially difference because it actually increases freedom rather than restricting it.
That's not entirely true. There is a risk-free interest rate that is above and beyond any risk premium. That is basically backed by US Treasury bonds that are guaranteed by the US government.
In interest which the rich accumulate from economic rents, in part, comes from the fact that they believe simply because they own money, they have the right to even more money. When they lend out that money, they only due so under the stipulation that the interest rate of return outstrips the rate of inflation and the risk premium combined. That means that except in the case of catastrophic collapse or large-scale wealth redistribution, the system is one where money is constantly flowing from the poor to the rich, because the rich believe that owning money should be reason enough to deserve more of it. In fact, they often manipulate economic systems and markets to keep pushing even more money towards them in this way.
Thats also called PROFIT from invesments in stock,bonds,real estate...its the primary reason why those activities were undertaken in the first place...Now is it fair that a guy can make millions off a few clicks on a trading website than a coal miner will make all their life..of course not...but life isnt meant to be fair
If as a society we want to help the coal miner the right way to do it is NOT to pick the pockets of the hedge fund manager and give him stolen cash but rather to clear the obstacles in the way so the coal miner can eventually run a hedge fund if he has the ambition to do so.
exactly...in other words "steal" from one to give to another...No country on earth has "redistributed" itself into wealth ever...in fact the opposite tends to happen
Yeah that fund is from the states vast oil and mineral wealth thats not a luxury that every state has..Alaska is the richest state in terms of mineral wealth and they have a fairly small population of something like 700k people
That fund pays out like $2k/year....and even that seems to cause problems with binge drinking and drugs when its issued...
Overall i still think its a good thing to share the spoils instead of all of it ending in the state coffers...but its just not a viable plan for the whole nation IMO
You're stupid as shyt
what a deep multifaceted response...please flush and wash your hands after producing such "powerful" posts
Grano-Grano
The Bando
I prefer capitalism, thank you. A government dictating or giving resources comes with strings. I don't trust government.
Thinking like this is why that "Intro to Socialism" thread is dead and buried. Article is like saying, "so and so's house has 5 bedrooms.... why are there homeless people"
ADevilYouKhow
Rhyme Reason
Thinking like this is why that "Intro to Socialism" thread is dead and buried. Article is like saying, "so and so's house has 5 bedrooms.... why are there homeless people"
Why are there homeless people?
A lot of reasons that have nothing to do with a UBI. What good is a UBI to someone with unmanaged mental health issues?
Does every homeless person have an unmanaged mental health issue?
So if any less than 100% of homeless people have an unmanaged mental health issue, then what? It's not a major factor or priority?
And yea, a majority of homeless people have mental health and/or substance abuse issues. There is also a huge homeless population of LGBT teens. Socialists and communists spend so much time pocket watching they don't even stop to look at what problems people are actually facing
So what happens when technology and a Republican Gov't with limited oversight helps capitalism reach its peak and the majority of citizens can't afford goods and services because of automation and hoarding of wealth by the 1 percent ?
His whole argument is UBI = profits from passive investments and they need to be redistributed
join the minority through the same tech ...and don't stop until you do
join the minority through the same tech ...and don't stop until you do
