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I'm not sure if you're purposefully ignoring the main issues with UBI, but in case you're not: the most important stuff (things like food, rent, clothing, energ
by tomp 10y ago
I'm not sure if you're purposefully ignoring the main issues with UBI, but in case you're not: the most important stuff (things like food, rent, clothing, energy, medicine, basic services) will have more demand (from all the people who can't afford these right now), and less supply (because a lot of these are done with low-paid labour - definitely clothing, food and basic services, along with things like garbage collection and construction). This will completely change how the society works.
- boomboomsubban 10y agoSo if the supply of low paid labor drops, and the demand rises, the value of low paid labor increases. The reason those jobs have been filled with low paid labor is the workers had no other choice. In this situation they'd end up well rewarded for their work, and those workers with more spending power has traditionally been great for the economy. Lot's of things have completely changed how society works, why shouldn't society change?
- lotharbot 10y ago> "people who can't afford these right now" ... but are still getting those things through means-tested programs, for the most part. The UBI doesn't mean more people get fed; it means fewer strings attached to where they choose to live and what food they choose to eat and whether they can get a side job to supplement (google "welfare cliff".)
- stale2002 10y agoSupply for food would increase. Because resources are being taken away from rich people and given to poor people. Less Yachts, more food factories. Increased demand CAUSES increased supply.