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Basic income doesn't emphasize divisions between poor and working people

basicincomecanada.org

11–20 of 259 posts

Re: Basic income doesn't emphasize divisions between poor and working people

#11
post #5
post #3

As a Canadian entrepreneur I worry that mincome/basic income will serve to knock the wind out of the sails of many innovators and entrepreneurs who, like me, are currently DRIVEN to work hard, research, push the industry along and crank up competition. I would much, much rather work hard, earn more money, and feed my neighbour - than have no hope of digging myself out of my situation no matter hos hard I worked, bein…

Most of the reports I've seen have stated that actually, it works the other way around. That the vast majority of people who go into entrepreneurship only do so if they have money to fall back on, one way or another, should their business fail. So by that logic, basic income should actually significantly increase the likelihood of entrepreneurship, because while mincome will still be low enough that people will want…

I think there was a bit on NPR a few months ago that discussed the idea that having a fallback will make you work and try less exactly for the same reason. I think having the "cornered animal" type of drive goes a long way.

Re: Basic income doesn't emphasize divisions between poor and working people

#12
post #3

As a Canadian entrepreneur I worry that mincome/basic income will serve to knock the wind out of the sails of many innovators and entrepreneurs who, like me, are currently DRIVEN to work hard, research, push the industry along and crank up competition. I would much, much rather work hard, earn more money, and feed my neighbour - than have no hope of digging myself out of my situation no matter hos hard I worked, bein…

Sorry, but this is the same argument we see time and time again against higher taxes (not just Mincome). We saw it in 2008 with "Joe the Plumber".

Some entrepreneurs are driven by maximizing profit margins and some aren't. If your opinion was widely shared, there would be almost no entrepreneurial success stories in countries with a much more socialist approach than even Canada (e.g. throughout Europe). I am a Canadian entrepreneur too, but I love this country and that has to do with a lot more than just how much tax I pay. If they were to raise taxes for good reasons, it wouldn't cause me to uproot my family and leave.

Re: Basic income doesn't emphasize divisions between poor and working people

#13
post #9

"If we’re interested in social policies that are resilient I think the dignity problem, or the moral aspects of these policies are worth considering more closely." I certainly agree the moral aspects are worth considering. No matter how you arrange your basic income scheme (and the tax system to support it), it's going to split the population into two groups: those who are net recipients of government money, and thos…

> Don't let basic income advocates evade the question of who pays for their utopian scheme.

Have you witnessed this?

Re: Basic income doesn't emphasize divisions between poor and working people

#14
post #5
post #3

As a Canadian entrepreneur I worry that mincome/basic income will serve to knock the wind out of the sails of many innovators and entrepreneurs who, like me, are currently DRIVEN to work hard, research, push the industry along and crank up competition. I would much, much rather work hard, earn more money, and feed my neighbour - than have no hope of digging myself out of my situation no matter hos hard I worked, bein…

Most of the reports I've seen have stated that actually, it works the other way around. That the vast majority of people who go into entrepreneurship only do so if they have money to fall back on, one way or another, should their business fail. So by that logic, basic income should actually significantly increase the likelihood of entrepreneurship, because while mincome will still be low enough that people will want…

Another data point: I became an entrepreneur while my wife worked fulltime. Many don't have this option.

Re: Basic income doesn't emphasize divisions between poor and working people

#15
post #10

Earlier quoted context omitted.

Alright John Gault. If we're talking nation level, your startup is not a 'tentpole.' How does your market cap compare to GE, Google, Amazon, Lockheed? Those are redwoods, and there are plenty of those. You're a maple sapling, there are plenty of those too. You're doing that thing where the middle class rebels against their own interests by positioning said interests as the interests of the working class, because they…

Opportunity is not evenly distributed, yes. But neither is skill. > Basic income doesn't come off the backs of small business, and that is a silly reason to be so afraid of it. What's the name of your business?

[deleted]

Re: Basic income doesn't emphasize divisions between poor and working people

#16
post #3

As a Canadian entrepreneur I worry that mincome/basic income will serve to knock the wind out of the sails of many innovators and entrepreneurs who, like me, are currently DRIVEN to work hard, research, push the industry along and crank up competition. I would much, much rather work hard, earn more money, and feed my neighbour - than have no hope of digging myself out of my situation no matter hos hard I worked, bein…

So what's your take on universal healthcare? Do you resent having to pay for the treatment of others?

I get that increased taxes are offputting, but what's your alternative to making sure people aren't forced to live on the street, taking into account future loss of work due to automation? And what makes you believe that mincome would deter people from innovation?

Re: Basic income doesn't emphasize divisions between poor and working people

#17
post #13
post #9

"If we’re interested in social policies that are resilient I think the dignity problem, or the moral aspects of these policies are worth considering more closely." I certainly agree the moral aspects are worth considering. No matter how you arrange your basic income scheme (and the tax system to support it), it's going to split the population into two groups: those who are net recipients of government money, and thos…

> Don't let basic income advocates evade the question of who pays for their utopian scheme. Have you witnessed this?

[deleted]

Re: Basic income doesn't emphasize divisions between poor and working people

#18
post #9

"If we’re interested in social policies that are resilient I think the dignity problem, or the moral aspects of these policies are worth considering more closely." I certainly agree the moral aspects are worth considering. No matter how you arrange your basic income scheme (and the tax system to support it), it's going to split the population into two groups: those who are net recipients of government money, and thos…

Your last two sentences couldn't be any more eloquent.

When reasoning on these issues, one should always carefully examine the phrase: "Life, liberty, and the pursuit of happiness". Every single word is chosen very carefully.

Re: Basic income doesn't emphasize divisions between poor and working people

#19
post #12
post #3

As a Canadian entrepreneur I worry that mincome/basic income will serve to knock the wind out of the sails of many innovators and entrepreneurs who, like me, are currently DRIVEN to work hard, research, push the industry along and crank up competition. I would much, much rather work hard, earn more money, and feed my neighbour - than have no hope of digging myself out of my situation no matter hos hard I worked, bein…

Sorry, but this is the same argument we see time and time again against higher taxes (not just Mincome). We saw it in 2008 with "Joe the Plumber". Some entrepreneurs are driven by maximizing profit margins and some aren't. If your opinion was widely shared, there would be almost no entrepreneurial success stories in countries with a much more socialist approach than even Canada (e.g. throughout Europe). I am a Canadi…

[deleted]

Re: Basic income doesn't emphasize divisions between poor and working people

#20
post #9

"If we’re interested in social policies that are resilient I think the dignity problem, or the moral aspects of these policies are worth considering more closely." I certainly agree the moral aspects are worth considering. No matter how you arrange your basic income scheme (and the tax system to support it), it's going to split the population into two groups: those who are net recipients of government money, and thos…

I think the philosophy of a basic income scheme is to acknowledge that we all have need of support from the government (which ultimately means, from each other) to some degree or another. No demonstration necessary.
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