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Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

demoshelsinki.fi

121–130 of 182 posts

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#121

We should just give everyone $100k a month so we can all be rich. If you think that is a stupid idea then what is the threshold with a lower amount that this becomes a smart idea? What evidence is there that whatever threshold you come up with is less stupid than my $100k a month?

We (Europe) already do give people a certain amount per month. We give them healthcare, pensions and various other tax breaks depending on needs.

It is all very complicated.

The idea is to replace the complication with a simpler UBI in as close to a cost neutral manner as possible.

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#122
post #111

Earlier quoted context omitted.

> I've had periods of years in my life where I didn't have to think about money. After a short period of faffing off, I started doing all sorts of stuff. Some of it of direct value to society (volunteering) and some of it perhaps indirectly so (teaching myself new skills, working on 'products' that could be useful). I mean, even just spending time with others who themselves had it in short supply and valued my compan…

> Of course people want to be useful and creative. But peoples usefullness and creativeness has to create atlest 2xUBI of taxes (one that goes back to the worker and one that goes to someone who get UBI but doesnt work) + all the other costs. > If you're capable of doing stuff you like, being creative, liking that work, and creating that much income, why are you not doing it now? I dunno, it's all speculation of cour…

> I dunno, it's all speculation of course, but I'd say my 'usefulness' has gone up once I didn't have to bow to my bosses' whims. It's hard to quantify that, of course, but even if I go for a quantifiable measure, I'm probably more of a benefit to society than otherwise: I've been working on various business ideas that could improve the efficiency of other businesses, my volunteering reduced the burden I put on my country's health care system (on account of needing less therapy), and possibly reduced the effect on others around me. The money I make doing 'extra' work, that I wouldn't have to do, has benefitted my younger siblings who in turn might benefit society.

Why can't you do that now, by starting your own business and being your own boss?

> Personally I don't like this kind of thinking though. I'm convinced that a decent chunk of the population is just driven to do and create in a way that is valuable to other parts of the population. Trying to reduce this to 2xUBI is somewhat futile, and honestly not a society I want to actively encourage. In fact, engaging with this thought strikes me as already a bit of a needless capitulation. How much money could we save by reducing the pointless corporate work, military spending, etc, and how does UBI relate to that? At least for a significant experiment I suspect it's not much.

We can verify this by observing people who are currently not working and are getting welfare. Somehow, very few of them do so. Some even avoid doing real work (you have to actively look for a job here if you want to receive welfare), by literally coming to interviews and saying that they're there just for the 'stamp' (proof they were there).

> I think what I'm driving at is that this 'working' and 'not working' would be redefined. So much work is busiwork. So much 'work' is very tenuously measurably good for society. And, conversely, so much 'work' is not really considered work, but crucial to a functioning society.

But stuff we deem "crucial" (by our own, individual standards), we're also willing to pay for. Water, food, entertainment, cars, gadget, clothes, vacations, travel, books, music, perfumes, etc. Is something really crucial, if noone wants to pay for that? If someone is willing to pay 100euros for a stinky alcohol-water mix (perfume), and they're not willing to pay for your work, is your work crucial?

> How much money could we save by reducing the pointless corporate work, military spending, etc, and how does UBI relate to that?

Corporations are paying their own money for that work... they'd be the one saving, not you. Military spending can still be lowered, and workers would get to keep more of their own money, why does it have to be given to non-workers? (i'm not talking bout disabled people, etc, i'm talking about able-bodied people, who are able to work, but would choose not to).

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#123
post #101

Earlier quoted context omitted.

You will probably want to spend your time doing fun things, but the moment you need to upgrade your car, your tv or buy that sweet new tool for your hobby you will need to take a job. But the biggest benefit of ubi imo is that if you want to spend your time, say, building a new product or clearing your mind in order to be more productive in the future, you will have that option. Tho I do see a lot of people just sitt…

I imagine for most people, and I’m talking about the ones that would continue keep at their their existing job , if there was an extra $2000/month spare cash coming in or $4000 for a couple, it wouldn’t be a difficult stretch of imagination to say they would spend the money on the two most immediately obvious things: 1) upgrade their car 2) upgrade their shelter. If everyone is now affording a new $1000/month car pay…

First of all, if ~50% of people work in a country (from age 0 to pensioners), they continued to work, and got 2k extra 'free money', they'd have to pay more than those 2k back in taxes, to cover the 2k for people who don't work at all.

If we somehow took 2k/person/month from some nonexisting trillionaire, who has the money to finance it for everyone, then probably yes, prices would go up, because everybody has now 2k/month more to spend.

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#124
post #56

Earlier quoted context omitted.

It's not free lunch, it's wealth distribution system. Everyone gets UBI, then it's gradually taxed away as income increases. If some part of UBI is taken from corporate taxation, it can be thought as subsidy from companies that employ few people to companies that employ more people.

> If some part of UBI is taken from corporate taxation, it can be thought as subsidy from companies that employ few people to companies that employ more people. Or a subsidy from companies which pay people properly to companies who pay people below subsistence levels, or a subsidy from companies that produce stuff to people who choose not to even look for opportunities to produce anything...

Yes. It's subsidy for low income job creators and workers.

It should also increase bargaining power for low income workers.

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#125
post #73
post #60

Earlier quoted context omitted.

It comes from taxes, borrowing and printing. Only one of those relates to the added value otherwise known as wealth creation. The other two ultimately make everyone poorer. The question is: for a given country, what proportion of the population can theoretically be supported by the efforts of those who pay those taxes. This isn't a moral judgement on the basic income idea; it's just required prior basic arithmetic fo…

> The question is: for a given country, what proportion of the population can theoretically be supported by the efforts of those who pay those taxes. idk, you tell me: https://www.theguardian.com/business/2017/nov/08/bill-gates-...

Wealth != income.

Gates, Buffett and Bezos are worth a combined $250bn. There are about 210mm Americans over 18. So you can wipe out the entire accumulated wealth of those three and give everyone ... $1,200, one time only.

Not life changing, is it?

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#126
post #117

Earlier quoted context omitted.

UBI would be cheaper than the current system (in the UK at least, but likely other countries as well). First off, those that are currently entitled to most benefits would be getting UBI instead, and those that are not currently entitled to (most) benefits would be getting UBI and paying it back in tax.. so in theory its the same cost, less the administration and means testing. Its also high return as its mostly spent…

> First off, those that are currently entitled to most benefits would be getting UBI instead, and those that are not currently entitled to (most) benefits would be getting UBI and paying it back in tax.. so in theory its the same cost, less the administration and means testing. How many workers does britain have (percentage)? In slovenia, a bit less than half of people work (we have a huge amount of pensioners, kids,…

>an average worker would have to pay for two UBIs in taxes

An average worker would be paying less tax (in real terms) if we moved to UBI than they are paying for the current system.

Its also true that this isn't just going to be payed for in income tax. VAT and corporate tax will contribute as well, meaning people on UBI will be paying for it in part as they spend it(VAT), and as they don't claim some of their other allowances in benefits, healthcare and law enforcement we will save even more.

Try to stop thinking about this as 'the average worker' the country is a good deal more complex than that. systems will pay for themselves in a host of ways if they are needed and efficient; UBI is a more efficient income support system than the one we have.

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#127
post #101

Earlier quoted context omitted.

I imagine for most people, and I’m talking about the ones that would continue keep at their their existing job , if there was an extra $2000/month spare cash coming in or $4000 for a couple, it wouldn’t be a difficult stretch of imagination to say they would spend the money on the two most immediately obvious things: 1) upgrade their car 2) upgrade their shelter. If everyone is now affording a new $1000/month car pay…

First of all, if ~50% of people work in a country (from age 0 to pensioners), they continued to work, and got 2k extra 'free money', they'd have to pay more than those 2k back in taxes, to cover the 2k for people who don't work at all. If we somehow took 2k/person/month from some nonexisting trillionaire, who has the money to finance it for everyone, then probably yes, prices would go up, because everybody has now 2k…

[deleted]

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#128
post #60
post #40

Earlier quoted context omitted.

Where do you think money comes from? Seriously, how do you think it's created?

It comes from taxes, borrowing and printing. Only one of those relates to the added value otherwise known as wealth creation. The other two ultimately make everyone poorer. The question is: for a given country, what proportion of the population can theoretically be supported by the efforts of those who pay those taxes. This isn't a moral judgement on the basic income idea; it's just required prior basic arithmetic fo…

> It comes from taxes

No, taxes don't create money. Taxpayers don't print up their own notes and send them in to the government.

> borrowing

That's a bit vague. What kind of borrowing do you mean?

> printing.

Well, at least that one is right :)

> Only one of those relates to the added value otherwise known as wealth creation. The other two ultimately make everyone poorer.

I don't know what you mean by that. None of those relates directly to wealth creation, and they all relate to it indirectly. What did you mean by that specifically?

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#129
post #111

Earlier quoted context omitted.

> Of course people want to be useful and creative. But peoples usefullness and creativeness has to create atlest 2xUBI of taxes (one that goes back to the worker and one that goes to someone who get UBI but doesnt work) + all the other costs. > If you're capable of doing stuff you like, being creative, liking that work, and creating that much income, why are you not doing it now? I dunno, it's all speculation of cour…

> I dunno, it's all speculation of course, but I'd say my 'usefulness' has gone up once I didn't have to bow to my bosses' whims. It's hard to quantify that, of course, but even if I go for a quantifiable measure, I'm probably more of a benefit to society than otherwise: I've been working on various business ideas that could improve the efficiency of other businesses, my volunteering reduced the burden I put on my co…

>> I dunno, it's all speculation of course, but I'd say my 'usefulness' has gone up once I didn't have to bow to my bosses' whims. It's hard to quantify that, of course, but even if I go for a quantifiable measure, I'm probably more of a benefit to society than otherwise: I've been working on various business ideas that could improve the efficiency of other businesses, my volunteering reduced the burden I put on my country's health care system (on account of needing less therapy), and possibly reduced the effect on others around me. The money I make doing 'extra' work, that I wouldn't have to do, has benefitted my younger siblings who in turn might benefit society.

> Why can't you do that now, by starting your own business and being your own boss?

I can, because I ended up in a situation where I basically have the equivalent of UBI. My point is that it is indeed what I'm doing, and I believe others would too, given the opportunity.

>> Personally I don't like this kind of thinking though. I'm convinced that a decent chunk of the population is just driven to do and create in a way that is valuable to other parts of the population. Trying to reduce this to 2xUBI is somewhat futile, and honestly not a society I want to actively encourage. In fact, engaging with this thought strikes me as already a bit of a needless capitulation. How much money could we save by reducing the pointless corporate work, military spending, etc, and how does UBI relate to that? At least for a significant experiment I suspect it's not much.

> We can verify this by observing people who are currently not working and are getting welfare. Somehow, very few of them do so. Some even avoid doing real work (you have to actively look for a job here if you want to receive welfare), by literally coming to interviews and saying that they're there just for the 'stamp' (proof they were there).

As I said before/elsewhere, I think this is transitional effect. Not only is welfare avoided by those who would be productive anyways, the very stigma and context of welfare can encourage 'doing nothing'. It's a bit like your employer allowing you to work from home: at first, it's quite likely you'll abuse this freedom to not wear pants all day and pretend to work. I truly believe that changing this to a 'default', over time, makes it less common for the majority of people to actively do nothing. People hate doing nothing by nature.

>> I think what I'm driving at is that this 'working' and 'not working' would be redefined. So much work is busiwork. So much 'work' is very tenuously measurably good for society. And, conversely, so much 'work' is not really considered work, but crucial to a functioning society.

> But stuff we deem "crucial" (by our own, individual standards), we're also willing to pay for. Water, food, entertainment, cars, gadget, clothes, vacations, travel, books, music, perfumes, etc. Is something really crucial, if noone wants to pay for that? If someone is willing to pay 100euros for a stinky alcohol-water mix (perfume), and they're not willing to pay for your work, is your work crucial?

Most people don't want to pay for love, and yet here we are. Most people don't want to pay for a (good) family, and here we are.

Reducing crucial to 'what people are willing to pay for' is, even on a cursory inspection, complete bullshit that nobody who isn't extremely dysfunctional actually lives by.

>> How much money could we save by reducing the pointless corporate work, military spending, etc, and how does UBI relate to that?

> Corporations are paying their own money for that work... they'd be the one saving, not you. Military spending can still be lowered, and workers would get to keep more of their own money, why does it have to be given to non-workers? (i'm not talking bout disabled people, etc, i'm talking about able-bodied people, who are able to work, but would choose not to).

I'm saying the difference between workers and non-workers is something we need to re-assess. You're sort of getting there by making a distinction between 'disabled' and 'able-bodied'. Those are not clear distinctions. Is someone with mental health issues that prevent them from being able to deal with workplace stress 'able-bodied'? Or 'disabled'? What if we experimentally try to do away with that distinction and provide UBI and see how things go?

Re: Results: Finland’s Basic Income Experiment Help Us Build the Post-Pandemic World

#130
post #82

Earlier quoted context omitted.

> If I had a shitty, dead-end job, and someone offered me (eg.) 80% of an average paycheck in my country, FOREVER(!), i'd probably quit, and live off UBI, and do other stuff (fun for me, but litle of value to to wider society, and with probably zero tax money to feed the UBI system). ...or, probably move somewhere, where I can get more for that amount of money. While I do think this might be what some people will do,…

> I've had periods of years in my life where I didn't have to think about money. After a short period of faffing off, I started doing all sorts of stuff. Some of it of direct value to society (volunteering) and some of it perhaps indirectly so (teaching myself new skills, working on 'products' that could be useful). I mean, even just spending time with others who themselves had it in short supply and valued my compan…

> Do those activities generate enough money, so that government collects enough taxes from you, to cover your UBI + all the other costs (roads, schools,...)? If not, you're still a net burden on society.

The median person on UBI would probably be a net burden on society.

The mean? Probably not. Albert Einstein's Theory of Relativity was a side project. It'd only take a couple of similar projects to make all of UBI worth it.

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