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> UBI would just let you not fall into homelessness and / or under the poverty threshold. How do you figure? Why wouldn’t landlords, businesses, etc just adjus
by lotsoweiners 3y ago
> UBI would just let you not fall into homelessness and / or under the poverty threshold.
How do you figure? Why wouldn’t landlords, businesses, etc just adjust their prices based on the UBI amount. They’ll be happy to collect more money courtesy of the taxpayers.
- npteljes 3y agoYeah, I don't think straight-up UBI would work in our current systems, because the market for the basic goods would absorb it, as you say (and as we experienced many times in history). I do think that it would have no negative effect of motivation though.
- dragonwriter 3y ago> Why wouldn’t landlords, businesses, etc just adjust their prices based on the UBI amount. The same reason why they don’t capture all income now: “landlords, businesses, etc.” aren’t one single monopolistic entity, there is price competition in markets for necessities that aren't regulated public utilities. There may at times be (natural or artificial) supply constraints in one or anothet market, but those are (1) separate issues from UBI, and (2) natural poison points which create political pressure for resolution.