4 ms·

Somewhat counterintuitively, UBI reduces bureaucracy. It's far simpler to just give everyone the same basic income than having government agencies checking who

Somewhat counterintuitively, UBI reduces bureaucracy. It's far simpler to just give everyone the same basic income than having government agencies checking who should or shouldn't get welfare, which saves vast amounts of wasted money. In some studies it's been suggested that UBI would actually be cheaper to fund that all government social welfare - in other words, under a system of UBI, taxes could go down.

tgv 3y ago
It doesn’t save vast amounts of money. These bureaucracies hand out much more money than they spend on overhead. Otherwise, over 30% of the population would be working in these bureaucracies.
asdff 3y ago
It allows for profit seeking if you allow it to be used on for profit necessities. This is why socialized housing, healthcare, education, and all else of life's essentials is so important. No one should be allowed to profit on what you need just to exist in the modern world, that seems so perverse while we have this technological society capable of lifting up so many if incentives were merely adjusted from the individual to the collective.
- lawlessone 3y ago
  >It allows for profit seeking if you allow it to be used on for profit necessities. This is a feature. I think a UBI will be necessary in the future to just to maintain capitalism. If automation eventually means the average person is unemployed who's going to buy your companies products?
deathanatos 3y ago
> in other words, under a system of UBI, taxes could go down. That's a huge [citation needed]. You're funding a program that would cost trillions of dollars per year — e.g., $10k/year (less than I pay in rent for a 1 bed…) would cost ~$3T/year. You're talking about a yearly expense that would outweigh all of Social Security, Medicare, and Medicaid, combined. There's no plausible way that that lowers taxes.

4 ms·

Somewhat counterintuitively, UBI reduces bureaucracy. It's far simpler to just give everyone the same basic income than having government agencies checking who

by onion2k 3y ago

tgv 3y ago
It doesn’t save vast amounts of money. These bureaucracies hand out much more money than they spend on overhead. Otherwise, over 30% of the population would be working in these bureaucracies.
asdff 3y ago
It allows for profit seeking if you allow it to be used on for profit necessities. This is why socialized housing, healthcare, education, and all else of life's essentials is so important. No one should be allowed to profit on what you need just to exist in the modern world, that seems so perverse while we have this technological society capable of lifting up so many if incentives were merely adjusted from the individual to the collective.
- lawlessone 3y ago
  >It allows for profit seeking if you allow it to be used on for profit necessities. This is a feature. I think a UBI will be necessary in the future to just to maintain capitalism. If automation eventually means the average person is unemployed who's going to buy your companies products?
deathanatos 3y ago
> in other words, under a system of UBI, taxes could go down. That's a huge [citation needed]. You're funding a program that would cost trillions of dollars per year — e.g., $10k/year (less than I pay in rent for a 1 bed…) would cost ~$3T/year. You're talking about a yearly expense that would outweigh all of Social Security, Medicare, and Medicaid, combined. There's no plausible way that that lowers taxes.