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I don't the point of UBI is for everyone to leave their careers. If anything, it's the opposite.
by belltaco 7y ago
I don't the point of UBI is for everyone to leave their careers. If anything, it's the opposite.
- godelski 7y agoWhich is exactly why UBI is generally suggested to give below the poverty line. Enough to survive but not enough to be comfortable. Enough to get you through downturns but not enough where you'll abandon a well paying job.
- giarc 7y agoI believe it was Andrew Yang who talked about UBI on Recode podcast recently. He also talked about UBI giving people the freedom to try something new. You may be more likely to start a business if you knew you had something to fall back on. This might be especially beneficial in the rural areas of America where $1000/month will support you longer than in urban centres.
- buboard 7y agoWhich is why i can't fathom why every business would not raise their prices to match the UBI minimum. I mean it's not like there would be anyone who can't afford that.
- godelski 7y agoBecause UBI could open their market to more people. If they can make the same profit per person but increase their market size, why raise prices? That prices out more people. In fact this is commonly done now. You sell at a competitive price to expand your market share. It's exactly the tactic of companies like Amazon and Walmart. The problem is if a company has a monopoly and the good is a necessity.
- buboard 7y ago> If they can make the same profit per person but increase their market size, why raise prices There is no dichotomy here- their market size increases magically with UBI. If the answer to that question was even remotely close to yes, the tech sector would be full of hungry workers.
- deegles 7y agoUBI has to be universal in order to avoid it being stigmatized as a "poor people thing".