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There's also nothing stopping people from accumulating all the things they need for a pleasant life of leisure and hobbies and then once they achieve that decid
by malandrew 6y ago
There's also nothing stopping people from accumulating all the things they need for a pleasant life of leisure and hobbies and then once they achieve that deciding to freeload off UBI and enjoy those hobbies. I'm less than a decade out from having most of the physical belongings I need for the myriad hobbies I enjoy. Once I get there free time plus 20k a year will be more valuable than being a contributing member of society. This is basically the basis of the entire "dirtbag" lifestyle that many partake in. I've known many dirtbaggers in my life.
The entire idea behind FIRE is achieving a passive income that you earn by being a productive member of society versus UBI giving you for free with no obligation to contribute to society.
- account42 6y agoMany hobbies produce things that are immensely valuable to society.
- bumby 6y agoI’ve noticed people sometimes confuse what is valuable to the economy with what is valuable to society. We should defer towards the latter when they are in conflict
- bumby 6y ago>There's also nothing stopping people from accumulating all the things they need for a pleasant life of leisure I think it’s a stretch to say this is available to most. To say it’s available to anyone doesn’t acknowledge the poor circumstances many are born into simply by chance. While still technically true, the possibility is vanishingly small for many. Policy should be based on what’s best for the general welfare and not a smallish subset