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So you're digging 55% of a hole. In order to subsidize someone's hobby.
by meri_dian 9y ago
So you're digging 55% of a hole. In order to subsidize someone's hobby.
- simonsarris 9y agoIn the same way that a startup incubator subsidizes hobbies, yeah.
- meri_dian 9y agoStartup incubators provide private investment with the hope of future return that covers their initial investment. That is a sustainable business model. Continuous subsidy - using public funds - of an activity that will not generate profit and overall return is not sustainable.
- s73ver_ 9y agoIt's only sustainable if you can pick winners.
- deleted 9y ago[deleted]
- sshumaker 9y agoYou’re missing the point. This article is proposing an alternative to UBI, where you are just giving no strings $$$ handouts to all citizens. Clearly basic jobs won’t be as efficient at producing e.g. agricultural products as the free market. But that’s not the goal with UBI or UBJ - it’s to deal with societal inequality in a world where increasingly most jobs are eliminated and those who control capital (the robots) have 100% of the wealth and everyone else is starving. That is the world many feel we are heading towards. There is a good track record of government jobs programs during times of severe unemployment, e.g. the Great Depression: https://en.m.wikipedia.org/wiki/Civilian_Conservation_Corps https://en.m.wikipedia.org/wiki/Civilian_Conservation_Corps One advantage UBJ over UBI has is that it is something you can transition into; it doesn’t require a societal level disruption to put into practice.
- geezerjay 9y ago> So you're digging 55% of a hole. No, you're subsidizinng agricultural production to preserve your production capacity or else when the next war breaks out your country is unable to feed itself once your safe imports from south america and africa aren't safe anymore.