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Now it’s time for us to do our jobs, and wait to learn. They will never learn anything from this experiment as long as they keep hiding where does the money c
by ttoinou 9y ago
Now it’s time for us to do our jobs, and wait to learn.
They will never learn anything from this experiment as long as they keep hiding where does the money come from. Let's not fool ourselves : if UBI is implemented, money will come from taxpayers citizens, and will increase the power of governments over our lives.
For good arguments against UBI, cf Hazlitt : https://fee.org/articles/income-without-work/ https://fee.org/articles/income-without-work/ .
- UBI is not a right because it would mean some have a duty to work and transfer wealth to others.
- Costs are always badly estimated. Proponents of UBI obviously never look at the big picture
- There's no such a thing as "living in dignity", more is always welcomed
- Old social welfare benefits will never die
- Money can't flow from rich people for a long period of time. They either stop having money or emigrate in others countries
- SilasX 9y agoThere may be an issue with government control, but I think the "how is it funded" is a bigger problem: an experiment were the money comes from a different society is not going to model the effects of the taxes needed to fund it. You're not seeing a major downside of the policy, which is the deadweight loss induced by having all those work/investment acts taxed more. (I know, "people still work", "people still invest". That's not the problem. The problem is the marginal unit of labor/investment, and quantifying how that compares to the benefit of the UBI.) There's also, of course, the issue of how much gets eaten away by higher rents, which everyone just assumes away.
- ttoinou 9y agoI agree. Maybe all this experiment can prove is that giving money directly to people in "poor" countries is more effective than international aid programmes that started after WWII. Big news.