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

demoshelsinki.fi

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

#161

Earlier quoted context omitted.

Rankings from 2005. USA is #32. https://www.nationmaster.com/country-info/stats/Economy/New-... To your point, it'd be interesting to compare more recent data. Please share if you find such datasets. -- Of course there are multiple factors. Inhibitors and accelerators, advantages and disadvantages. Even between states. Access to capital, quality of schools, real estate prices, labor laws, ad nauseum. Some are non-obv…

We have pretty much all that in Germany. Healthcare is mostly public and affordable, strong social safety net, free childcare in lots of cities, free schools & higher education (and if you/your family meet some criteria, you'll actually get "student loans" that are generally interest-free and you only need to pay back half of it). Want to start a company while unemployed? You'll get subsidies you don't need to pay ba…

Hmmm.

I'd love to know if you're right (less wrong) about culture.

How does Finland punch above their weight? Can't we steal some of their fire?

While I advocate for a democratic socialist utopia (Denmark), I'd support anything that moves the needle to the left. When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction.

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

#162

Earlier quoted context omitted.

We have pretty much all that in Germany. Healthcare is mostly public and affordable, strong social safety net, free childcare in lots of cities, free schools & higher education (and if you/your family meet some criteria, you'll actually get "student loans" that are generally interest-free and you only need to pay back half of it). Want to start a company while unemployed? You'll get subsidies you don't need to pay ba…

Hmmm. I'd love to know if you're right (less wrong) about culture. How does Finland punch above their weight? Can't we steal some of their fire? While I advocate for a democratic socialist utopia (Denmark), I'd support anything that moves the needle to the left. When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction.

> How does Finland punch above their weight? Can't we steal some of their fire?

I mean, Finland fought off the Soviet Union's invasion, punching above their weight seems to be their national pasttime. Maybe size matters, just like small companies will be more agile than large ones, smaller states will be able to pivot easier.

> When Reagan-era policies are now regarded as marxism, methinks we've gone too far in the other direction.

We have essentially the opposite trend in Germany. Social democrat policies of the 70ies and 80ies are considered conservative/reactionary today.

I still believe we should establish some international citizenship trading system. Apparently plenty of Americans would love to get into Europe and I know quite a few Europeans who'd like to emigrate to the US. That'd really allow voting with your feet.

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

#163

You think UBI can work? Show me the numbers for some western country. Can be a small country like Luxembourg. First show me the numbers if all people that are working now keep their job. Show me the extra cost and how you will get that money. After that, give me a prediction of how many people will stop working. I can't imagine moms (or dads), that now have only 3 months of parental leave, will keep on working when t…

Downvotes but no numbers...

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

#164

Earlier quoted context omitted.

Coincidentally, the western countries with the strongest safety nets, m4a and affordable / free child care have weak startup communities and little entrepreneurial spirit. Another anomaly!

Rankings from 2005. USA is #32. https://www.nationmaster.com/country-info/stats/Economy/New-... To your point, it'd be interesting to compare more recent data. Please share if you find such datasets. -- Of course there are multiple factors. Inhibitors and accelerators, advantages and disadvantages. Even between states. Access to capital, quality of schools, real estate prices, labor laws, ad nauseum. Some are non-obv…

Nice list. Belgium is above US. Any Belgian entrepreneur can have a great laugh looking at this.

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

#165

Earlier quoted context omitted.

Not if the extra “free” money are covered by increased productivity due to automation, as it happened over the past decades. Typically the main beneficiaries from increased productivity are shareholders or company founders, and that is why money gets clogged in a few hands. Workers should also benefit more from from it as it is also their productivity that grew 10x along with that of the company. So we are not really…

The issue is that we all already benefit from increased automation and new technologies. We all carry computers with us with powerful batteries and access to the internet. It's the (much rarer) high-skill workers whose productivity has shot through the roof by using technology as leverage. The individual low-skill worker's productivity hasn't really increased by a lot, unless you say "we've built a robot that does 95…

UBI doesn't mean we all get the same - it just means none of us starve, and can live with dignity no matter what we do ...or don't do.

We can explore a different mindset where a slice of tech improvements and automation also benefit us as a society in that sense. Is it really that bad a thought that the goal of tech is to finance a society where no one is left without food and basic, decent, shelter? In the sense that we take a radical turn where we don't motivate people through fear but rather through need? The need of having more than just food or shelter as oppose to the the fear of starving or homelessness? Why does it have to be a struggle for so many when we can just build tech that covers basic needs.

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

#166

Earlier quoted context omitted.

The issue is that we all already benefit from increased automation and new technologies. We all carry computers with us with powerful batteries and access to the internet. It's the (much rarer) high-skill workers whose productivity has shot through the roof by using technology as leverage. The individual low-skill worker's productivity hasn't really increased by a lot, unless you say "we've built a robot that does 95…

UBI doesn't mean we all get the same - it just means none of us starve, and can live with dignity no matter what we do ...or don't do. We can explore a different mindset where a slice of tech improvements and automation also benefit us as a society in that sense. Is it really that bad a thought that the goal of tech is to finance a society where no one is left without food and basic, decent, shelter? In the sense tha…

> UBI doesn't mean we all get the same - it just means none of us starve, and can live with dignity no matter what we do ...or don't do.

By that definition, most of Europe has UBI and then some ;)

> Is it really that bad a thought that the goal of tech is to finance a society where no one is left without food and basic, decent, shelter?

That's a very US-centric view. Food insecurity is a solved problem in Europe and has been for decades. Basic, decent shelter? How about 450sqft, utilities included and we'll buy you a TV, throw in free health care, free higher education and 400€ a month in cash? Yet still, people will claim that this does not allow for genuine self-actualization because somebody else will have 900sqft and two TVs or a car.

> Why does it have to be a struggle for so many when we can just build tech that covers basic needs.

Because people don't want to be limited to basic needs, they want what they see others having. They want smartphones, microwaves, computers, internet, entertainment, transportation etc. And as society, we still need somebody to actually create all of that and keep it running. Incentivizing opting out of contribution is, from society's perspective, counter-productive, and the more you redistribute, the more you encourage the contributing members to leave.

Consider this: Germany is at or near the top for total taxation of working individuals. At the same time, top salaries for high-skilled workers are significantly lower than in the US.

Say we add some more taxes to redistribute more towards the unemployed and remove the rest of incentive to work for low-skilled workers. We'll increase the number of people opting to not work, further increasing the required taxes on those that do. And we'll increase the earning-gap for high-skilled workers compared to e.g. the US, increasing the reward of emigration for that group. That's a vicious circle and it's going to be hard to stop once it reinforces itself.

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

#167
post #4

Earlier quoted context omitted.

There is no money added, it comes from other systems it replaces

I'm working and I don't get any basic income. I actually lose income because of taxes. So when you give me 1k a month extra, where exactly will this money come from you say?

AFAIK usually it comes from increasing your (everyone's) taxes.

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

#168

Earlier quoted context omitted.

UBI doesn't mean we all get the same - it just means none of us starve, and can live with dignity no matter what we do ...or don't do. We can explore a different mindset where a slice of tech improvements and automation also benefit us as a society in that sense. Is it really that bad a thought that the goal of tech is to finance a society where no one is left without food and basic, decent, shelter? In the sense tha…

> UBI doesn't mean we all get the same - it just means none of us starve, and can live with dignity no matter what we do ...or don't do. By that definition, most of Europe has UBI and then some ;) > Is it really that bad a thought that the goal of tech is to finance a society where no one is left without food and basic, decent, shelter? That's a very US-centric view. Food insecurity is a solved problem in Europe and…

These all are very interesting points, but I think most are centred around unemployment benefits, rather than UBI.

This pandemic made me realise how fortunate we are for living in Europe - literally any part of the eu, has done a better job at helping people and making sure they dont starve, compared to the US. Thats a great observation! Europe is indeed very close to UBI. The only issue is it finances it through more taxes on an individual’s output and is not universal.

People who want more than basics can demand it as much as they want. Thats not UBI, thats lazy and scrounging. Go get a job. Period.

The point you are making re even more taxation is also spot on - that is why my view is that instead of taxing current workers even more we instead invest in tech that leads to even more productivity growth and we tax the difference in that new productivity gain.

I dread more taxation, as it usually means more taxes for us, less for those who disproportionately benefit from increases in tech and automation, due to the current economic system.

For example if BMW automates 10x more of their assembly lines, then tax the gain in productivity but NOT at a level where it punishes said growth, rather at a level where both BMW and the taxman are happy. Money go into a UBI pot much like norway’s sovereign investment fund.

Tech can be treated like a natural resource that we all own, but none of us have exclusive rights over it, while those who successfully exploit it will get more of the pie.

Apply the same to all sorts of manufacturing, agriculture and anything else that can be automated.

The money in that pot go to everyone in the country, and this is where UBI is radically different from unemployment benefits. Everyone gets a share, meaning those already in employment will get a tax cut and those not in employment don't get the stigma associated with benefits.

Dont worry about people immigrating to the us - the very workers we automate out of jobs dread us highly skilled immigrants, as they dint see the benefits from our work - more than taking pictures with shiny new iphones - and they want us to stay out, by voting for Trump.

TL;DR I guess I have a few random ideas about an ideal world where we use tech for building a star trek like society, where basics are no longer an issue and all we do is advance our society.

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

#169

Earlier quoted context omitted.

A transfer of wealth would indeed be an issue. But I am wondering, would UBI give more people the option to live outside large cities, given that the scarcity of income is no longer an issue? And as such the demand for rent would go down? Will try and comment less, because debate on HN gets heavily penalised unless it conforms to certain patterns. But yeah UBI and inflation / transfers of wealth are an interesting to…

Germany might be an example to look at this. We have welfare that's paid out wherever you live. It's conditional in so far that it's expected that you look for a job and aren't rich, but that's about it. It has a fixed money component (~400€/month) and covers rent (up to some amount that's set locally, depending on the local rent prices), utilities, health insurance etc directly. Therefore, if you're okay with the am…

I have to read more on how this works in Germany, but the idea of UBI would be that everyone would get 400 eur. I know that is not possible right now without taxing individual income even more, and as such my view is we should come up with tech we can tax. I dont have the specific silver bullet for how it could work, but would it be possible to tax every robot that replaces a human worker? Or tax anything that 10x’s productivity in any field, but at a level where it still is very motivating for an investor to make that 10x investment by letting them keep 8x of the output?

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

#170

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…

> 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 wo…

Framing people as possibly being "net burden" on society presumes that "the market", and economics, perfectly encodes the value of an activity to society, and that taxes are omnipotently levied against the activity. Conmen (Enron; Bernie Madoff) and people who squander inherited wealth (trust-fund babies; Paris Hilton) arguably have a negative contribution to society, but pay plenty in taxes. Does their existence as high-value tax base truly outweigh a kind, loving person who had the misfortune to born poor, and not get the same opportunities in life as someone who's family donated a building to Harvard?

Capitalism is unable to recognize the value of lots of kinds of work (that is often done by women), especially when those performing the work aren't the kind to charge for it. Just because work is being given away for free doesn't mean it's worthless. Capitalism has some shortcomings and one of them is that it's unable to support certain business models that provide value to the world.

Wikipedia manages to exist on the largess of wealthy benefactors, and a ton of volunteer labor. Are those volunteers a "net burden" on society?

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