The Surprising Effects of a Basic Income Supplied by Government

[GnauzBookOfRhymes]

Why do yall think Automation isn't a problem in emerging markets or China/Asia?

Breh stop assuming every post/comment is somehow a hidden indictment/criticism of the US.

Automation has not reached the point yet that it is a systemic threat to the US or any other country for that matter. The reasons are twofold. One, those emerging economies are obviously much farther behind in terms of technological know-how. Secondly, the US (and other developed nations) are still able to slow down the process through regulatory barriers etc. We're doing this so that UBI can be eased into implementation. We haven't yet figured out exactly how that will happen.

Right now, at this very second, there is nothing preventing just about every company in the fast food, transportation/delivery industries from deciding to go full speed towards automation. Even if automation only takes away 2/3 of the jobs (very generous), that is still appx 5 million jobs gone just between these industries.

 

[Hood Critic]

American wealth is an illusion and we are forever tied to capitalism. UBI is a necessity to prevent the collapse of capitalism.

 

[Ebonomics]

UBI is wealth re-distribution and mainly supported by pocket watchers. Like all money given to poor, it will go right back to the top, while giving poor people the illusion that they're middle class.

If a man can't provide for his family with his own work and efforts then get off the planet.

 

[AnonymityX1000]

If a man can't provide for his family with his own work and efforts then get off the planet.

Funny the person most responsible for this thinking died while receiving social security and Medicare.

 

[Ebonomics]

Funny the person most responsible for this thinking died while receiving social security and Medicare.

I think both of those need to be removed. We are starting to see those pyramid schemes fall apart. Your paying for a system that is considering increasing the age for retirement to a time when the average black person will be long dead, while our contributing your hard earned money to make sure old b*stards that screwed over America and continue to vote against our interests retire with dignity.

I'm for repealing Medicare, medicaid, welfare, and social security, and giving everyone back what they contributed + interest. Maybe the government can open up an assisted suicide center for those people who can't afford to live out retirement. I have zero pity.

 

[re'up]

I support UBI, obviously needs to be a detailed, and very well crafted plan. I have close friends, like family, who are Native, and their reservation has a casino. Everyone receives roughly 10k a month if they are a member of the tribe, by blood. Given the issues facing Native Americans in general, yes, there are problems within this system, but, generally speaking it works, perfectly.

What I mean is, they are free to simply live the life's they want. There are limits, obviously, and generations of abuse and discrimination have lasting affects, that aren't cured by money. If they wish to attend college abroad, and travel the world, they can. If they want to live on the res forever, they can. If they want to become millionaires, they can give it a real try. If they want to be artists, musicians, etc, they can put their heart into anything they choose.

Ideally, all society should be like this, to one degree or another, and if not fully supported, then the basics should be covered. The fact that some people have to scrub floors, and wash cars, while others gets new Audi's and 4 years at USC is unacceptable.

 

[AnonymityX1000]

I think both of those need to be removed. We are starting to see those pyramid schemes fall apart. Your paying for a system that is considering increasing the age for retirement to a time when the average black person will be long dead, while our contributing your hard earned money to make sure old b*stards that screwed over America and continue to vote against our interests retire with dignity.

I'm for repealing Medicare, medicaid, welfare, and social security, and giving everyone back what they contributed + interest. Maybe the government can open up an assisted suicide center for those people who can't afford to live out retirement. I have zero pity.

Without social safety nets recessions become depressions and people die.
Value money over life brehs.

 

[Professor Emeritus]

UBI is wealth re-distribution and mainly supported by pocket watchers. Like all money given to poor, it will go right back to the top, while giving poor people the illusion that they're middle class.

If a man can't provide for his family with his own work and efforts then get off the planet.

How can you expect a man to "provide for his family with his own work and effort" when he doesn't have any of the means of production and the wealthy are the ones who decide whether he gets a job or not?

Back in the day when people could expect to be born with their own land, born with a father trained in useful skills, and have access to their own resources, then your argument might have made some sense.


But now the wealthy own the vast majority of land, and charge you huge loans with massive interest to get to rent a piece of it for decades before you can finally own it clear. Why? Why the fukk do they deserve something that God put there?

Now nearly every wealth-creating job is built on an education that the wealthy can give to their children 10x easier than the poor can, while the fathers of the poor see all of their skills become completely obsolete to their children, and access to those new, wealthy-building skills guarded by a lot of barriers.

Now the wealthy control nearly all the other natural resources as well, so that you have to deal with them (more loans, more interest/profit funneled to the wealthy) before you can even create your own product and wealth.


The entire system revolves around the wealthy taking all the available shyt before anyone else even has a chance at it (even though they didn't put that land there, they didn't put those natural resources there), and then charging the rest of the world enormous amounts of interest to use it. fukk, most of the world has to pay the wealthy interest in order to even get access to the money supply itself. It's a bullshyt system.

 

[Professor Emeritus]

Some people don't understand the underlying assumptions of the economic system, so they don't know why the reason UBI makes sense.


It is difficult to get access to the things that build wealth without the approval of the wealthy. Land, natural resources, technology, money supply. All are controlled by the wealthy. That doesn't make it "impossible" to build wealth, but most of the time most people can only build it by following the wealthy's rules.

Rules like, "You have to take out loans at interest, thus create a wealth transfer TOWARDS the wealthy, before we'll even think about letting you make your own wealth."

It's not like the wealthy made land exist. They didn't create natural resources. They didn't develop most of the technology. They didn't build the money system. They only inherited/bought up all those things, and control them now, due to their access to wealth and power.


Meanwhile, there are tons of jobs that need to be done which the wealthy DON'T want to pay for. Jobs like:

* Cleaning up the environment instead of abusing it

* Restoring farmland and growing healthy, sustainable produce instead of agribusiness

* Taking care of the sick and elderly relatives instead of being forced to put them in for-profit homes

* Being a good parent instead of sending your kids into expensive childcare

* Creating real art rather than commercial bullshyt

* Seeking and spreading spiritual enlightenment instead of being a telepreacher


The Universal Basic Income removes some of the decision-making power and gatekeeping from the wealthy and gives it back to the general population. It lets YOU decide whether you will work a profit-seeking job, or instead seek a vocation that improves the world. It lets YOU decide whether you will work for a better education and increase your skills before you enter the workplace, rather than the wealth of your parents deciding what your access to skills will be. It lets YOU decide whether your family's welfare is more important than profit-seeking in the moment where shyt goes down and your family needs you in their lives.

Do regular people deserve a UBI? Well, we have a world full of robots and computers and tractors and semi-trucks and a bunch of other shyt that can do the work of millions of people. The people that invented most of that are either dead or profited minimally....hell, in reality ALL of society invented that stuff, because inventions don't happen in an isolated moment, they're a process building on everything else going on in society at that time. Who deserves to profit off of all the labor-saving devices that have been introduced into society? Just the rich, while they keep their feet on everyone else's necks? Why shouldn't EVERYONE profit from the labor-saving devices the world enjoys?

Crony capitalism as practiced suggests that the rich should decide everything, and distribute the profits by their own whims.

Universal Basic Income suggests that all of society should get a say, and be allowed to at least partially have the tools to make their own damn decisions.

 

[GnauzBookOfRhymes]

Microsoft's AI chief says the technology isn't the biggest hurdle

 

[Moich]

Interesting read, however, this will never happen in America nor do I want it to. There's no such thing as free money.

Both sides making solid arguments, I can't choose between the two

 

[Moich]

Some people don't understand the underlying assumptions of the economic system, so they don't know why the reason UBI makes sense.


It is difficult to get access to the things that build wealth without the approval of the wealthy. Land, natural resources, technology, money supply. All are controlled by the wealthy. That doesn't make it "impossible" to build wealth, but most of the time most people can only build it by following the wealthy's rules.

Rules like, "You have to take out loans at interest, thus create a wealth transfer TOWARDS the wealthy, before we'll even think about letting you make your own wealth."

It's not like the wealthy made land exist. They didn't create natural resources. They didn't develop most of the technology. They didn't build the money system. They only inherited/bought up all those things, and control them now, due to their access to wealth and power.


Meanwhile, there are tons of jobs that need to be done which the wealthy DON'T want to pay for. Jobs like:

* Cleaning up the environment instead of abusing it

* Restoring farmland and growing healthy, sustainable produce instead of agribusiness

* Taking care of the sick and elderly relatives instead of being forced to put them in for-profit homes

* Being a good parent instead of sending your kids into expensive childcare

* Creating real art rather than commercial bullshyt

* Seeking and spreading spiritual enlightenment instead of being a telepreacher


The Universal Basic Income removes some of the decision-making power and gatekeeping from the wealthy and gives it back to the general population. It lets YOU decide whether you will work a profit-seeking job, or instead seek a vocation that improves the world. It lets YOU decide whether you will work for a better education and increase your skills before you enter the workplace, rather than the wealth of your parents deciding what your access to skills will be. It lets YOU decide whether your family's welfare is more important than profit-seeking in the moment where shyt goes down and your family needs you in their lives.

Do regular people deserve a UBI? Well, we have a world full of robots and computers and tractors and semi-trucks and a bunch of other shyt that can do the work of millions of people. The people that invented most of that are either dead or profited minimally....hell, in reality ALL of society invented that stuff, because inventions don't happen in an isolated moment, they're a process building on everything else going on in society at that time. Who deserves to profit off of all the labor-saving devices that have been introduced into society? Just the rich, while they keep their feet on everyone else's necks? Why shouldn't EVERYONE profit from the labor-saving devices the world enjoys?

Crony capitalism as practiced suggests that the rich should decide everything, and distribute the profits by their own whims.

Universal Basic Income suggests that all of society should get a say, and be allowed to at least partially have the tools to make their own damn decisions.

 

[Wild self]

give my people UBI and a four hour work day and we straight.

and we only working four days a week too

fukk it, lets go full blown Jetsons! 4 hour work days for 3 days a week.