2 ms·
> There are simpler mechanisms UBI is quite literally as simple as it gets: revenue = collect_taxes() # LVT, other wealth taxes, etc. ubi_pool = reve
by yellowapple 6y ago
> There are simpler mechanisms
UBI is quite literally as simple as it gets:
revenue = collect_taxes() # LVT, other wealth taxes, etc.
ubi_pool = revenue - cover_expenses() # infrastructure, etc.
for c in citizens:
c.send_check(ubi_pool / citizens.count)
> that aren't a funding nightmare
No less a "funding nightmare" (because God forbid the ownership class pays its fair share) than artificially creating jobs for the sake of working. Would be a lot simpler to just... give citizens money. On that note...
> Government jobs and infrastructure investments are the tried and true method for times when economic activity is below the expected/desired levels.
Infrastructure improvements are necessary regardless of whether or not the economy is healthy; bridges and roads don't care about whether society is rich or poor when they decide to collapse. And government jobs beyond said improvements just shuffle around the symptoms of economic problems without actually fixing anything.
That is: these are "tried", sure, but they solve different problems than what UBI and other forms of welfare solve.
> A UBI that gets abolished as soon as the economy picks up again
Why in the heck would we want to do that? The whole point of UBI is to be a permanent safety net, not some stop-gap solution. And with that permanent solution, economic downturns and crises become significantly less harmful to the working class. UBI is a preventative measure, not a reactive one.