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A Basic Income Should Be the Next Big Thing

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Re: A Basic Income Should Be the Next Big Thing

#11
People keep wanting to make Basic Income a thing but it is never going to become a thing. It has some good ideas, but it's too radical for mainstream consumption. The Bernie Saunders of ideas. And that's an important point, because there is a positive feedback reporting loop whereby people actually think it has support because it keeps getting posted on Reddit etc.

Re: A Basic Income Should Be the Next Big Thing

#12
post #5

I'm still wondering about one thing: if everybody has a basic income, then who will be doing the dirty jobs like collecting our waste? Will the price for waste collecting go up? And will there then be a kind of economic "inversion", where the intellectual people prefer to work on interesting stuff at the expense of money, while the "non-intellectual" (need a better word here) people will make all the money doing the…

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Re: A Basic Income Should Be the Next Big Thing

#14
post #5

I'm still wondering about one thing: if everybody has a basic income, then who will be doing the dirty jobs like collecting our waste? Will the price for waste collecting go up? And will there then be a kind of economic "inversion", where the intellectual people prefer to work on interesting stuff at the expense of money, while the "non-intellectual" (need a better word here) people will make all the money doing the…

In my opinion a UBI won't work until we can automate more of these jobs but in the short term I agree with you that the wage for them would go up to attract people. It would also depend on the size of the UBI. If the UBI is just enough to get by comfortably but not enough to make big expenditures like a new TV/phone etc. then people will have to continue to work to afford luxuries. A lot of people do those jobs because they don't have the skills necessary for other jobs so if they want luxuries they will still do them (maybe part-time instead). I could also see highly skilled people who want extra money for one big purchase to take on a job like that for a few weeks (which you couldn't really do at a tech company).

Re: A Basic Income Should Be the Next Big Thing

#15
post #3

I think the reason for huge support behind Basic Income is failure of government in efficient allocation of its resources. The current generation with its experience with public education, spending on unnecessary wars and other poorly run government programs no longer trusts government to effectively deliver services. Thus Basic Income seems like a natural solution. I honestly would prefer a smaller government that r…

Why does it follow that the answer to an inefficient government is to give that same government more power to redistribute wealth?

Being a big inefficient government and redistributing wealth are not mutually exclusive.

Re: A Basic Income Should Be the Next Big Thing

#16
post #4

> Switzerland will hold a June 5 referendum on whether to give every adult citizen 2,500 Swiss francs (about $2,600) a month. Yeah and, for sure, it won't pass... considering how conservative we are, plus the legal side of the proposal is not so clear in where the money will come from.

This doesn't seem like enough for Switzerland - what do you think? Based on my experience this would be on the very low side. The previous vote on minimum wage was quoted as working out at around 4000CHF/month. Granted, most basic income proposals are on the low side - this just seems even lower than normal.

Re: A Basic Income Should Be the Next Big Thing

#17
post #5

I'm still wondering about one thing: if everybody has a basic income, then who will be doing the dirty jobs like collecting our waste? Will the price for waste collecting go up? And will there then be a kind of economic "inversion", where the intellectual people prefer to work on interesting stuff at the expense of money, while the "non-intellectual" (need a better word here) people will make all the money doing the…

The basic income will provide only the basics - if you want luxuries, you will still need a job.

Re: A Basic Income Should Be the Next Big Thing

#18
post #5

I'm still wondering about one thing: if everybody has a basic income, then who will be doing the dirty jobs like collecting our waste? Will the price for waste collecting go up? And will there then be a kind of economic "inversion", where the intellectual people prefer to work on interesting stuff at the expense of money, while the "non-intellectual" (need a better word here) people will make all the money doing the…

It is already the case - go try and pursue a career in academia and see how much money you make compared to a plumber.

In CS, if we include industry pure research, you make a lot more ;)

Re: A Basic Income Should Be the Next Big Thing

#19
post #16
post #4

> Switzerland will hold a June 5 referendum on whether to give every adult citizen 2,500 Swiss francs (about $2,600) a month. Yeah and, for sure, it won't pass... considering how conservative we are, plus the legal side of the proposal is not so clear in where the money will come from.

This doesn't seem like enough for Switzerland - what do you think? Based on my experience this would be on the very low side. The previous vote on minimum wage was quoted as working out at around 4000CHF/month. Granted, most basic income proposals are on the low side - this just seems even lower than normal.

It seems low. I think this is what cashiers at Lidl or Leader Price actually make in Switzerland. Or rather, it's the urban legend in France that this how much a cashier in Lidl/Leader Price makes in Switzerland.

Though this might be part of the whole "Everything is better in Switzerland" psyche prevalent in France (streets are paved in sheets of gold, etc).

Re: A Basic Income Should Be the Next Big Thing

#20
post #2

That's a little surprising — with all discussions about basic income taking place, I assumed it is more of a left-wing thing. But what is even more surprising are arguments against it: social workers being laid off and other more complicated policies like minimum wage taking a back seat. With this kind of rhetoric, it's easy to believe that the real reason is the "welfare lobby" of government officials who don't want…

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