Powerful Political Forces Are Aligning Behind Minimum Income
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Powerful Political Forces Are Aligning Behind Minimum Income
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Re: Powerful Political Forces Are Aligning Behind Minimum Income
#2Re: Powerful Political Forces Are Aligning Behind Minimum Income
#3Benjamin Fulford talks about a global transition to such a system https://www.youtube.com/watch?v=6BGSoXxOJO4
Bill Still explains all this in the money masters https://www.youtube.com/watch?v=UrJGlXEs8nI
How Hitler defied the bankers http://www.radicalpress.com/?p=1389
Libya before Hillary's isis https://www.youtube.com/watch?v=aJURNC0e6Ek
Re: Powerful Political Forces Are Aligning Behind Minimum Income
#4This way money taken from people for taxes is funneled right back to them instead of having government decide what to do with it.
The main complication I see is handling taxes for import+export, you'll probably have to refund taxes on exports, and harder, figure out pollution levels for imports.
Re: Powerful Political Forces Are Aligning Behind Minimum Income
#5Currently everything else depends on your job: Either you have one, and you have income, benefits, and all that goes with them in a society where everything costs money; or you don't and you have nothing (or very little). But if you don't lose you house, still can afford decent healthcare, and your kids still eat and go to college, etc., then employees can be more flexible:
Firings and layoffs are less of a crisis; when everything doesn't depend on having that job then I expect there will be fewer lawsuits. Protections for jobs in law and regulations can be reduced.
Also, workers, especially those with mortgages and kids, would be less desparate to keep their jobs. I think that is a healthy thing; they can take more chances and invest more in training and skill acquisition. Also, they are not compelled to do odious or unethical things (such as working off the clock, tolerating abusive environments, particpating in and/or not reporting illegal activities, etc.) due to a sort of employment extortion. It probably would be better for managers to get more honest feedback too (though some would have to learn ways to motivate people besides abusing them!).
Some of that is speculative but I believe a European country, I think Denmark, worked out a compromise of high and long-term unemployment benefits in return for making workers easy to terminate.
In part it's also a political solution to the concentration of wealth: If you are going to accumulate so much of the wealth due to the way the economy is structured, then in return pay for these social benefits and we all can retain labor market liquidity and maintain political harmony. U.S. workers have less to bargain with: They gave away many of their labor market protections and lost negotiating power by weakening their unions.
Re: Powerful Political Forces Are Aligning Behind Minimum Income
#6Re: Powerful Political Forces Are Aligning Behind Minimum Income
#7Re: Powerful Political Forces Are Aligning Behind Minimum Income
#8Things have to get much worse (and they will) and we will need some active social unrest (on the scale of Occupy Wall Street or Black Lives Matter, except informed about UBI and fighting for it in a unified message) before the wealthy will acknowledge that if they want to stay wealthy, they need a society to be wealthy within, and we won't have one if people are destitute and starving by the millions because traditional capitalist expectations of work and compensation break down in the face of growing automation.
Re: Powerful Political Forces Are Aligning Behind Minimum Income
#9A rarely discussed benefit to minimum income: The higher the social benefits, then I think the greater the labor market liquidity, for both employers and workers. Currently everything else depends on your job: Either you have one, and you have income, benefits, and all that goes with them in a society where everything costs money; or you don't and you have nothing (or very little). But if you don't lose you house, st…
UBI would see a dramatic shift in the valuation of jobs, in the ways employers can treat their employees, and in what work society values having done. I postulate often how I believe a lot of the tremendous flow of working into the advertising and service sectors has been due to the subconscious social desire to avoid the collapse of work, so we produce fictitious work with minimal or no net productive gains or utility to keep people busy. There are millions of white collar workers who wake up every day in fear of their job being replaced with software, and of truckers fearing the inevitable self-driving vehicle revolution on the horizon, because we are not starting on the path towards automation, we have been on it for decades, we have simply subliminally skewing our society to try to compensate for the implication that real productive labor has been moving out of the hands of human beings for a long time now.