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I suppose I should clarify what I mean by productive. I'm using it in it's lowest sense: paying back into society to fund all the other stuff that government w
by _Understated_ 6y ago
I suppose I should clarify what I mean by productive.
I'm using it in it's lowest sense: paying back into society to fund all the other stuff that government will want money for.
So, basically, we will have more takers than producers, therefore, it cannot possibly work.
Sure, you'll get poets, artists and the like taking advantage of it and society will be better off in the long run for it... probably. I don't know, never studied that stuff before.
But the immediate problem is that you will have a shit-ton of leeches that will take the money and play video games all day long. It can't possibly be financially viable.
But to pick up a point from your comment:
> Is (for example) cooking and cleaning and caring for others 'productive'?
I'd wager that it can be for two possible reasons:
1. It perhaps allows the person being cared for to help society in some way (either directly through taxes or poetry etc.)
2. The cleaner gets paid and ultimately puts money back into society.
And yes, there are tons of "non-jobs" where nothing is ultimately created, I get it. But that won't go away with UBI: banks will still have too many employees doing nothing all day (source - worked in banks for years!)
On another note: I live in Scotland and I will bet that within 5 years we will have UBI... we're already bankrupt so, hey, what's another £50Bn a year added to the unpayable debt pile :)
- drekembe 6y agoWouldn't those people with non-jobs just quit and receive UBI then? If that is indeed what would happen (as you claim), why would those non-job havers at the bank keep working them?
- ohgodplsno 6y agoAh, the "leeches" argument. Lett's start with the obvious: it doesn't matter that some people will do nothing. It doesn't matter that some people will not be working. Not only are the benefits to society great (the yearly costs for society of homeless people, or similar scenarios are much greaterthan a simple $12k.), you're looking to cut off everyone from UBI because what, 5% would not be working? So, kind of like unemployment today then. We've come far enough as first world societies that we can ensure that everyone gets a liveable amount of money every month. And don't forget that UBI cuts off every other kind of aid. Go live a life with $1000 a month, and you'll realise that you have to be in a very particular mindset to stay at home and do nothing. In addition, it's also a great thing for the economy, as money is actually being used to pay things, and circulating taxed away from the cash hoarding dragons that are billionaires. That makes Keynes happy.
- AdrianB1 6y agoWhat if the percent of the people on UBI doing nothing will get to 60%? What if they vote themselves more money? In half of my country (in Europe) people would be extremely satisfied to live on $1000 per month, it is triple of what they live on today. I know people in Western Europe that would be quite happy to get $1000 and not have to go to work for that (they earn more, but the difference does not make up for their time and effort).
- _Understated_ 6y ago> you're looking to cut off everyone from UBI because what, 5% would not be working I don't believe that it would only be 5% but yes, I am. Living in the UK means we have a welfare system. It's not fair, hopelessly bureaucratic and probably corrupt as hell but we have one. There is no way that giving everyone (eligible?) £1000 a month will take a whole bunch of people out of poverty because managing finances is a skill that no one is taught in schools. People who have good jobs and earn good money can't manage it as is. So by giving free money to millions of people they're likely to fritter it away or piss it away thus wasting billions. > cash hoarding dragons Your issue is with them. They won't pay for UBI. I will. You will. Everyone else but them will pay for it. It will not work.[0] [0] - https://www.bbc.co.uk/news/world-europe-47169549 https://www.bbc.co.uk/news/world-europe-47169549
- f154hfds 6y agoThe debate is simply our age old socialist vs. capitalist. The socialist will say that technology/society has changed to the point where extra safety nets are attainable and will tend to ignore/downplay incentives. Conversely the capitalist will ignore (potentially avoidable) human suffering and focus purely on perfecting incentives. I tend to align with the capitalist worldview. In a democracy where 'majority' rules, politicians can end up in a precarious situation where welfare blocks feeling marginalized can create an insurmountable opportunity cost perpetuating welfare policies. This could certainly destroy an economy if pushed too far. Strangely, either if non-working individuals couldn't vote or if the government system wasn't majority rule perhaps this trend wouldn't hold true. All of that being said, we can't turn our backs on all safety nets as responsible policy makers. As for where the line should be drawn? Who knows. Just be wary of giving politicians the authority to decrease voter elasticity (the cost an individual incurs when they vote away a political party).