Ask Lemmy

UBI needs to be combined with rent and price controls if it is not, inflation will eat the benefits inside of a 5-year period and money will be siphoned up the chain.

Otherwise I am all for it.

Should be done everywhere and for everyone. Can you imagine a society where you don't have to work just to be able to live? The projects you would pursue, how way less power would bad managers and bosses have? It would also help decentralization from big cities as people wouldn't be forced to move there to get jobs.

Also I never realized the toll finances were taking on my stress and mental health until I reached some kind of financial stability. No one should have to endure that much stress just to be able to live.

im FOR IT

I support it and think it could work. It would make people more happy and free, while removing a lot of unnecessary and expensive bureaucracy from our current welfare system.

Yes, I support it. Science has shown the government can afford it and it will save them money in the long run. If society has the resources to ensure everyone's basic needs are met, do it.

The argument against it is that people won't work if they aren't forced to. I think people want to work. This would enable people to have their basic needs met first so they can build a career comfortably.

I believe it should happen and I believe it eventually will happen in Canada, but it will take a lot longer than it should.

We should not have UBI as that implicitly continues the need for money. Instead we should work towards a world with Universal Basic Resources, or even not so basic resources, if it can be automated.

Progressive taxation rate that can go negative (aka people can receive money) is more fair.

Could even be easier to implement because it is not only a "social" benefit that cost tax payers money. That could help convince some people.

Only works if we limit the amount of wealth single persons are allowed to hoard.

I say that anyone with a networth over 10M should have all other income over that taxed 100%

Same for companies, cap them at 1 billion

This will allow capitalism yet spread the wealth

Yes, this requires more details, of course, but this should be a basic rule. There is no right to own more than 10 million in wealth

Conceptually I'm 100% for it. In reality I'm sure theres going to be unintended consequences that im not seeing.

If it can be made to work like it sounds like it should, we need it and we need it bad.

I think that focusing everything on UBI and dismantling all other forms of welfare are going to create massive inequalities in society that few people anticipate.

For instance, I wouldn't be surprised if there are effectively UBI free zones in some major metros with decent economies.

Yes, but it needs to be paired with an aggressive ban on any form of rent-seeking.

The study results look really promising. I think it would be an amazing thing for society as a whole. I just also think it won’t happen because (some) humans get really bent out of shape when they think others are suffering less than they think they should be suffering.

I think it's a great idea.

We are the wealthiest culture ever, we can afford it.

It would zero out most crime.

Fighting to survive is beneath us.

I strongly think we should have it. The money isn't trickling down, so we need to forcibly re-distribute it.

Yup - I'm for it, in a very specific combination. A universal basic income that is regularly recalculated to ensure that it provides for all basic needs, connected with a flat tax on any income earned through other means and an abolishment of the minimum wage. What it means: taxes become much simpler, the vast majority of people don't need to do them at all. Employers only advertise with net income, so you immediately know what you're getting at the end of the week/month. Since there is no minimum wage (and since one isn't necessary any more due to everyone having their basic needs covered), the economy is more inclusive, since jobs that don't attract as much money but still benefit society like being a musician can be done that much more. Employees have more power since losing their job doesn't mean the threat of losing the ability to afford necessities, meaning they also have a stronger position at the bargaining table.

Once AI doesn't pan out as the savior of the planet, they'll pivot to go all in on robotics, and lots of people are going to lose jobs. When there's a permanent unemployment rate of 30% or more, society will be faced with 2 choices - UBI, or a reduction in the population.

Which solution do you think each party will embrace?

it would allow me to try earning money or study without worrying about being punished for failing

I think I'd rather see a realistic minimum wage. But regardless of UBI or min wage, none of it will be worth much if things like medical care, education, child care, housing costs, etc. don't get brought under control. The leeches will just jack up prices for more record profits.

Against both because I'm a communist against income and because its almost always paired with eliminating almost all help programs and with a suggested amount that when those two are combined will arguably make things worse for those in the most need,

Of all the capitalists bitching about higher taxes and how UBI will destroy businesses, they keep forgetting that people are more willing to buy shit when they don't have to worry about rent.

My opinion is that our politicians would prefer fascism.

It would make many people more happy and less stressed, so why shouldn’t we do it?

No conversation about UBI is complete without also discussing the source of the funds and how other government programs might be effected.

I think UBI sounds great on the surface but I worry that it could alter our basic survival incentives which may have unintended consequences for the group of people who aren't needing UBI.

Should UBI replace existing food and housing programs? Should UBI replace other things that are designed to mold the economy such as subsidized public transportation or small business loan guarantees? What about income tax incentives designed to encourage saving and growing money carefully versus consumption (capital gains versus income tax, tax-deferred retirement savings accounts).

I suspect there's a fairly significant carry-on effect from shifting resources away from these types of programs to a UBI program. But what I'm not clear on is how that might impact other behaviors from well resourced people who may start to play the game, so to speak, by a new set of rules.

For example, do we see inflation around inelastic needs such as rent prices and grocery bills? If we did, UBI is not much more than a grocery store/landlord stimulus program. It's hard to imagine that we wouldn't see this unless controls are placed on those businesses which in turn, removes incentives to own and grow businesses.

It seems like a UBI program would promote an economy based on consumption and not on savings and investment. Why save your money if you'll get topped up again next month, and every month for the rest of your life? By investment I'm not talking about Wall Street, I'm talking about finishing college degrees, investing in new ideas, chasing startup ideas, those people who stay up late at night working on inventions that they think could bring them rewards.

Perhaps the most fundamental question to be answered is this:

To what degree do we, as the human race, find benefit in helping the less capable of our species survive. Potentially at a cost - not to the strongest and most capable - but instead placed mostly on the shoulders of the slightly-more-capable.

My strong opinion is that anyone born into a progressive society is entitled to food, clothing and shelter. The bare minimum you need to survive. There are too many holes in the middle of most towns and cities nowadays with the "Corporation Corners" on the outskirts sucking up all the money that used to flow inward.

I've recently starting thinking about current artists, specifically musicians. A current crop of them come from money. I'll use the example of Gracie Abrams, daughter of JJ Abrams. IMHO, she is definitely talented but she got her leg up from her dad being in the entertainment industry and, more importantly, never had to worry about money. How many other artists and musicians are we not hearing about because they didn't come from money. She is one example of many.

I am a firm believer in UBI. Basic sustenance income should be available to everyone. That wouldn't solve this problem, but it certainly would give a chance for someone with artistic talent to work on their art and while still being able to survive.

Yes, I strongly believe we should have it.

It would make reporters stop bitching about the economy and help keep things afloat.

People can buy groceries when they have the money to do so. They may even have a little extra to buy a candy bar, or a gadget or coffee to also boost the economy.

It would allow people to be more productive since stress destroys your ability to function properly.

And most importantly: nobody should worry about a roof over their head or where their next meal is coming from.

tax the rich, feed the poor, subsidize birth control.