Universal Basic Income is 'best way to distribute equity stake in productivity’
1–10 of 89 posts
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#2UBI smells like a trojan horse for privatization of what remains of social security, disability, unemployment, etc. I would much rather have a robust national pension system than "Uber, but for retirement."
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#3I like the idea but I doubt this will be sustainable long-term. There is already a lot of pressure to reduce the social safety net and to have more tax cuts for the "job creators". Why would this be any different with UBI? The people who work full-time jobs will complain about the slackers who do nothing. Maybe once almost everything is automated there is a better chance to do this.
Personally I think it would be better to reduce working hours.
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#4UBI smells like a trojan horse for privatization of what remains of social security, disability, unemployment, etc. I would much rather have a robust national pension system than "Uber, but for retirement."
How would it lead to privatization of those things?
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#5Nobody can ever answer the question of "What happens when someone blows their UBI and cant afford to eat?" Will we let them starve? You'd almost have to from the government side of things.
How about 5 years after when someone introduces another entitlement program to help single mothers/seniors/etc and then criticizes everyone else as heartless for not supporting it? Will we just end up where we are now with even more entitlements?
>“I know Jeff Bezos is probably worth $50 million. I know for a fact that he’s not worth $150 billion. The rest of that money is mine.
Yeah that says it all right there. This guy feels entitled to someone else's money.
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#6I like the idea but I doubt this will be sustainable long-term. There is already a lot of pressure to reduce the social safety net and to have more tax cuts for the "job creators". Why would this be any different with UBI? The people who work full-time jobs will complain about the slackers who do nothing. Maybe once almost everything is automated there is a better chance to do this. Personally I think it would be bet…
> The people who work full-time jobs will complain about the slackers who do nothing
Shouldn't they?
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#7I like the idea but I doubt this will be sustainable long-term. There is already a lot of pressure to reduce the social safety net and to have more tax cuts for the "job creators". Why would this be any different with UBI? The people who work full-time jobs will complain about the slackers who do nothing. Maybe once almost everything is automated there is a better chance to do this. Personally I think it would be bet…
> The people who work full-time jobs will complain about the slackers who do nothing Shouldn't they?
Not with UBI or it can't work.
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#8Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#9Nobody can ever answer the question of "What happens when someone blows their UBI and cant afford to eat?" Will we let them starve? You'd almost have to from the government side of things. How about 5 years after when someone introduces another entitlement program to help single mothers/seniors/etc and then criticizes everyone else as heartless for not supporting it? Will we just end up where we are now with even mor…
What happens now? What about the people right now that cannot afford to eat?
And I'm not talking about the panhandler on the street. There are families right now who cannot afford to feed themselves, even with federal assistance.
Re: Universal Basic Income is 'best way to distribute equity stake in productivity’
#10> Value, like energy, can neither be created nor destroyed, but it can change form.
This is both false and unproductive. Value is unlocked and created all the time. People are much wealthier and better off than their ancestors, despite our far larger population. Hello technology! They didn't have refrigerators, microwaves, the internet, smart phones, modern medicine and so on. Today we're increasingly concerned with overeating vs starvation.
As for UBI, I'm not sure if it's the best answer or not, but Andrew Yang makes the strongest case for it that I've seen:
https://www.yang2020.com/what-is-ubi/
Also branding it as a Freedom Dividend is smart.