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Regarding UBI: do people not understand that money only makes sense in the context of a liquid market? UBI is a (non-linear) offset to a baseline wealth level.

Regarding UBI: do people not understand that money only makes sense in the context of a liquid market? UBI is a (non-linear) offset to a baseline wealth level. It can’t solve anything itself.

eurasiantiger 4y ago
It can solve many things for welfare states. Having to deal with invasive, faceless bureaucracy every month to receive a meager income is incredibly stressful, and not only to disabled and elderly people. Prolonger survival stress is extremely detrimental to mental and physical health, and a guaranteed UBI would completely remove it from existence. The state would benefit from not having to employ literally thousands of bureaucrats… which is likely the reason UBI will never happen at scale, as it would put too many people out of a comfortable position of power. Also, fraudulent claims would no longer be a thing, since everyone would get the same benefits, likely in relation to their other income. If someone was capable of finding a way to hide their income, they are probably already committing such fraud in the current system.
- influx 4y ago
  Fraud just shifts to pretending to be or fraudulently obtaining citizenship. It’s amazing people here saw what happened during covid payments and raid, waste, and abuse and think that they want more of that.
  - eurasiantiger 4y ago
    COVID payments have nothing to do with UBI. At least here in NZ, most of the support was paid out to businesses and corporations. Fraudulent ones, too. Maybe if you weren’t so concerned with ”outsiders” getting a piece of your welfare, you could actually have a functional society.
- skeeter2020 4y ago
  Your second and third points are directly at odds, as a huge portion of people employed in government social-financial schemes are compeltely dedicated to answering the income question.
  - eurasiantiger 4y ago
    And thus automated income reporting is required. Hooray, no more filling out tax forms! Unless, of course, people want to hide their money from the government. Why would they need to be able to do that?

Regarding UBI: do people not understand that money only makes sense in the context of a liquid market? UBI is a (non-linear) offset to a baseline wealth level. It can’t solve anything itself.

eurasiantiger 4y ago

It can solve many things for welfare states. Having to deal with invasive, faceless bureaucracy every month to receive a meager income is incredibly stressful, and not only to disabled and elderly people. Prolonger survival stress is extremely detrimental to mental and physical health, and a guaranteed UBI would completely remove it from existence. The state would benefit from not having to employ literally thousands of bureaucrats… which is likely the reason UBI will never happen at scale, as it would put too many people out of a comfortable position of power. Also, fraudulent claims would no longer be a thing, since everyone would get the same benefits, likely in relation to their other income. If someone was capable of finding a way to hide their income, they are probably already committing such fraud in the current system.

influx 4y ago
Fraud just shifts to pretending to be or fraudulently obtaining citizenship. It’s amazing people here saw what happened during covid payments and raid, waste, and abuse and think that they want more of that.
- eurasiantiger 4y ago
  COVID payments have nothing to do with UBI. At least here in NZ, most of the support was paid out to businesses and corporations. Fraudulent ones, too. Maybe if you weren’t so concerned with ”outsiders” getting a piece of your welfare, you could actually have a functional society.
skeeter2020 4y ago
Your second and third points are directly at odds, as a huge portion of people employed in government social-financial schemes are compeltely dedicated to answering the income question.
- eurasiantiger 4y ago
  And thus automated income reporting is required. Hooray, no more filling out tax forms! Unless, of course, people want to hide their money from the government. Why would they need to be able to do that?