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The problem is: those humans still need to rent apartments, pay their bills, buy some clothes and food. A person who has UBI + salary will always be able to out
by Detrytus 3y ago
The problem is: those humans still need to rent apartments, pay their bills, buy some clothes and food. A person who has UBI + salary will always be able to outbid a person who only has UBI when buying all those goods and services (which are limited in quantity, so you have to compete for them. That's how economy works, at its core: it is a way of managing scarcity).
Which means that after short adjustment period, the prices will rise and you will still need the salary from that shitty job to survive.
- itishappy 3y agoIt encourages work. The current system which can punish you for trying to improve your situation, with UBI it's always in your best interest to work. Also, the average person will not have their income increase significantly with UBI. The money has to come from somewhere, and taxes will offset the gains for most. Wealthy folks may see their income reduced by a few percentage points. Poor people can easily see their income doubled. Another factor to consider is that apartments, clothes, and food are not flatly limited, they're elastic. Currently people with no money cannot participate in the market, so UBI has the potential to drive prices down through demand as well. We're seeing a negative example of this with the current housing market; prices are rising quickly because only wealthy people can afford a house, and less and less affordable housing is created as it's not as profitable.
- M95D 3y agoTrue, but shitty jobs will pay a lot better and they will enable those workers to find meaningful lives outside their jobs. Having some money vs. no money at all makes a big difference.