4 ms·
I think there has been growing momentum behind the idea that some needs aren't met best by a market approach. One of the ideas behind UBI is that people can fig
by uses 6y ago
I think there has been growing momentum behind the idea that some needs aren't met best by a market approach. One of the ideas behind UBI is that people can figure out what they need, and just spend the money.
But that doesn't really solve the needs that may not be optimal for a 100% market approach - probably the big two being health and education.
- gowld 6y agoAnd housing.
- Tade0 6y agoThis is the elephant in the room here. It's a basic good, but its price is still very much driven by supply and demand.
- fastball 6y agoAmerica just needs zoning policy that isn't totally broken (i.e. geared towards the rich). Japan has been doing a pretty good job.
- Melting_Harps 6y ago> America just needs zoning policy that isn't totally broken (i.e. geared towards the rich). Japan has been doing a pretty good job. Compounded by nearly 2-3 decades of astonishing population decline, and a 'freeter' type lifestyle for all but the most 'privileged' youth that also helps in reducing access to desirable housing, too. Personally speaking had Fukushima not occurred, I think I would be owner and chef of a Kaiseki kitchen at an Onsen Ryoukan in the Country-side by now given how affordable and plentiful those abandoned compounds are all over Japan. NIMBY is real and gets the nouveau riche up in arms and drives them out to the polls and releases purse strings for lobbyists like nothing else, but to be entirely honest as a multi-generational Californian: they can keep the Valley. Its atrociously managed, its old, over-crowded, needlessly expensive and stricken with horrible politically ambitious and greed driven shortsightedness, the homeless problem is a glaring symptom that has clearly proven that neither money nor legislation can solve its core problem. My family up there divested from their businesses and sold their homes in the area in mid 2000s to move to the South, and while its not perfect it shows that there are is no better way to show your opposition to a system then to just leave. If many former office jobs and school classes (K-12 as well as University) can be optimized to be done remotely, then I will reluctantly accept that the COVID situation was worth it. Having a population density like seen in New York is not just undesirable (for many reasons) but also a biological hazard. Disruption had to come the housing situation, and I think this could be just as good as anything else in trying to alleviate the damage caused from having remained in an archaic system created to benefit the Land-owning class for doing nothing but being born at a time when housing prices as well as overall Economic health and sound wages were accessible to most in the US. These land owners don't create wealth, they just consume it off the backs of people far more risk-prone than themselves that still have Utility in the Labor force, and we're thinking they'll ever allow for implementing something that is against there interests? That's a deluded panacea that won't ever be achieved using orthodox methods, like voting for fairer zoning laws.
- hndamien 6y agoThe market approach tends to not work when the participants are not part of the market.