Earlier quoted context omitted.
> One of the main questions about something like this is about who would do boring, low-paid work with this sort of basic income. I think that with basic income, this question would not make sense, and that's exactly the reason that I like the idea so much. The reason why people do boring, dirty and dangerous work for little money is that there are folks who have no skills that would enable them to get a more fulfill…
Unfortunately, there is actual experimental evidence to the contrary. Some of the Arabian Emirates have cash payments to their ethnically Arabian citizens that are practically equivalent to a high basic income. In those cases, all the "dirty" labor is done by legal/illegal immigrants that are not eligible for said basic income and thus willing to work for much less. IMO this is the central problem with the idea of a…
Swiss to vote on 2,500 franc basic income for every adult
191–200 of 582 posts
Re: Swiss to vote on 2,500 franc basic income for every adult
#192I like to think I am progressive but this minimum income idea is a horrible idea in my eyes. It is like student loans in the USA, everything will rise to the maximum price that people can obtain money.
Re: Swiss to vote on 2,500 franc basic income for every adult
#193A Swiss franc is currently worth a little bit more than a dollar, so this works out to $2800/month or $33600/year. By US standards, this actually seems to be a good salary: significantly better than working full time at minimum wage. It would cover all my current expenses handily. Of course, I'm young and single but by no means frugal. (I find that the little costs involved in worrying about my expenses easily outwei…
Just to put things in perspective (I'm swiss), 2500CHF is a really low salary in Switzerland. There is another initiative asking for a minimum wage of 4000CHF per month. The median swiss salary is close to 6000CHF[1]. The administration says the poverty line is around 2200CHF per month for someone living alone [2]. You can't really just convert to $ and say it's a lot of money. A lot of basic stuff like food, transpo…
Re: Swiss to vote on 2,500 franc basic income for every adult
#194As a swiss citizen, I'm really happy we'll have to vote on this. I'm not sure yet what I'm going to vote (I'm slightly bending towards a yes), but I think this is a very interesting debate to have. Especially because this is not a traditional left-right fight. On the left, you have some unions saying this is going to be counter-productive and that it will reduce the leverage of employees in negotiation ("You've alrea…
Being from Spain and having seen the reaction to high quantities of money available. A system like this will need to be very well monitored, it can help immensely to those in need, but if done unconditionally it will certainly encourage laziness in a sector of the society. My wife is a doctor and before the crisis she used to have patients DEMAND the permanent disability, because they wanted to stop working. They wer…
Discussing such things on HN must feel surreal if you're not the median HN reader (educated, white, entitled westerner with 1st world problems).
Talking about what the "poor" would do if this and that, based on your own "hunches", worldview and ambitions.
Mass social experiments designed by intellectuals from an ivory tower... uhh. Good luck to Switzerland though, they may be able to afford providing one much needed data point!
Re: Swiss to vote on 2,500 franc basic income for every adult
#195Earlier quoted context omitted.
Just to put things in perspective (I'm swiss), 2500CHF is a really low salary in Switzerland. There is another initiative asking for a minimum wage of 4000CHF per month. The median swiss salary is close to 6000CHF[1]. The administration says the poverty line is around 2200CHF per month for someone living alone [2]. You can't really just convert to $ and say it's a lot of money. A lot of basic stuff like food, transpo…
Is that 4000CHF after tax or before?
Re: Swiss to vote on 2,500 franc basic income for every adult
#196A Swiss franc is currently worth a little bit more than a dollar, so this works out to $2800/month or $33600/year. By US standards, this actually seems to be a good salary: significantly better than working full time at minimum wage. It would cover all my current expenses handily. Of course, I'm young and single but by no means frugal. (I find that the little costs involved in worrying about my expenses easily outwei…
Actually, this is less of a problem in Switzerland than in other countries. Specially at the low end of the income scale, it's easy to get jobs in the 30-50% range (100% being 40h/week). Just the fact that people here think in terms of an x% job should tip you off that it's pretty common.
Re: Swiss to vote on 2,500 franc basic income for every adult
#197Earlier quoted context omitted.
Unfortunately, there is actual experimental evidence to the contrary. Some of the Arabian Emirates have cash payments to their ethnically Arabian citizens that are practically equivalent to a high basic income. In those cases, all the "dirty" labor is done by legal/illegal immigrants that are not eligible for said basic income and thus willing to work for much less. IMO this is the central problem with the idea of a…
It's funny you should mention that last part, because that's exactly the situation in Denmark. We have in my opinion a waaay too high basic income, and there is a growing problem, with people who'd rather live on governement payouts, than get a job. And the nationalists are getting anxious about immigration, so there is a populist party that is against immigration, that is getting bigger and bigger support. It is ove…
Re: Swiss to vote on 2,500 franc basic income for every adult
#198Earlier quoted context omitted.
It could also act as a strong incentive for developing automatic and robotic solutions to these needs.
Either that or the development of robotic solutions to these needs will act as a strong incentive for the enactment of this type of program.
I'd imagine that in the absence of communal action, the tendency would be for wealth to accumulate to the minority that own the automatons. Either the ownership of the automatons would have to be distributed or people would need to receive a "free" income. The latter seems like a gilded cage?
Re: Swiss to vote on 2,500 franc basic income for every adult
#199Earlier quoted context omitted.
Very interesting to watch from another country . That is the real reason politics moves so slowly, because the usual results of political experimentation is mass starvation.
Political experimentation usually leading to starvation... Have you got a high number of examples to back that up? I can only think of a handful.
Re: Swiss to vote on 2,500 franc basic income for every adult
#200Earlier quoted context omitted.
I am all for more fair wealth distribution, but I don't see how this would be sustainable. With a basic income so high and higher taxes on the rich, what's the incentive to work for money? Hence, who would pay this? I think Georgism ( http://en.wikipedia.org/wiki/Georgism ), which doesn't tax income, but it only taxes land (so, not earned income) is a better approach to get a sustainable and more fair distribution of…
Frickin' everyone would. If someone offered you 30k/year basic income would you quit your cushy programming job, or would you buy more stuff?
Also, see http://thelastpsychiatrist.com/2012/11/hipsters_on_food_stam...