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The idea of basic income is to take people out of starvation and lack of shelter. It would still leave people wanting to earn in order to e.g. go on holiday, ow
by JupiterMoon 11y ago
The idea of basic income is to take people out of starvation and lack of shelter. It would still leave people wanting to earn in order to e.g. go on holiday, own a computer, go to a bar, go to a restaurant, eat nice food, own a car (in Europe where owning a car is not required at least) etc - i.e. still plenty of incentive to work, earn and save just more freedom to take risks by e.g. starting that business...
You also miss a basic premise of basic income - everyone gets it with no means testing. It is a different concept to current benefit systems. Normal people would receive it as much as unemployed people.
- moonchrome 11y agoI doubt people are starving in developed countries so I wouldnt say it's taking anyone out of starvation, it's an alternative to existing welfare in that regard. And when we get to "basic shelter" well coupled with free health care I guarantee you there are people out there who have very little ambition beyond that, I know more than a few from highschool that literally said things like "all i need is enough money to play WoW" or just work enough to earn money for weed and go out with their friends and live with their parents (and these are people in late 20s early 30s). People with ambition aren't the ones that benefit from minimum income (unless they get really unlucky, which I guess is a valid concern, but then again those same people are not the ones doing the bottom tier jobs, at least not for long). Also that's not how I saw basic income schemes suggested, usually it's paid out to people below min income and then progressively lowered to some point otherwise the taxes would have to be insane to finance it.
- JupiterMoon 11y ago> Also that's not how I saw basic income schemes suggested, usually it's paid out to people below min income and then progressively lowered to some point This is not basic income.
- moonchrome 11y agoYes it is - it's been a while since I studied economics but I beleive it's called negative income tax.
- JupiterMoon 11y agoNO basic income is a flat amount paid to everyone regardless of their income. What you are talking about is called means tested in work benefits in my country. It is bad - for all the reasons you mentioned but it is not basic income. Criticise basic income if you want (please do so if you are trained economist) but please do understand what it is before doing so otherwise you are merely burning a strawman.
- moonchrome 11y agohttps://en.wikipedia.org/wiki/Negative_income_tax https://en.wikipedia.org/wiki/Negative_income_tax >Negative income taxes can implement a basic income or supplement a guaranteed minimum income system. IIRC it was proposed as a simplification of the means tested welfare. Basically NIT is the most realistic funding for Basic Income I've seen - but it's irrelevant - the incentives stay the same the only difference is that it screws over regular people a little less (depending on how it's funded, I'm unconvinced by any "tax the rich" scheme). Anyway I was interested in this stuff in college when I took my intro econ classes I never looked in to it further but I'm 100% sure NIT is a basic income scheme.
- JupiterMoon 11y agoSighs. You really don't get it do you. Basic income (NB not minimum income!, not negative income tax!) is not means tested at all. No means test period. Everyone gets it. From the beggar to the millionaire. This is a totally different concept to means tested benefits. The proposal is a so called universal benefit.
- __z 11y ago>I doubt people are starving in developed countries so I wouldnt say it's taking anyone out of starvation Grew up with friends who had no food sometimes. My mom would give me food to bring to their house when I went to visit. The mother also had very serious medical problems which was a big reason for that.
- moonchrome 11y agoYou didn't have social services/food charities/local church/neighbors etc. ? There is a difference between not having food sometimes and starving. Minimum income doesn't fix that either - there will be people who will spend their kids food money on other things.