this post was submitted on 11 Dec 2024
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Hello, I'm not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn't companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

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[–] Asafum@feddit.nl 2 points 1 week ago (1 children)

The trajectory we're headed we're going to need it or something like it.

With improvements to AI and physical automation there will be a metric fuckton of people out of employment completely and there are only so many jobs for the rebuttal of "the people will still need to maintain the robots and check the AI"

Unfortunately with our concept of ownership there will be massive resistance to it as "I own the machines that make the products/increase productivity, why should you get anything from my profit?" They're going to have to relearn the lesson Ford learned about "well paid employees are your customers" the hard way.

As it stands, at least in America, "The Century Of The Self" has lead to a complete atomization of society, every business is entirely independent from society, every individual is separate from society, so each individual owner won't see the need for a well paid workforce/population at the owners "expense" actually being beneficial to their own existence. They'll think "someone else" should deal with that issue, or worse "pull yourself up from your bootstraps" :/

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[–] Not_mikey 1 points 1 week ago* (last edited 1 week ago) (5 children)

I've soured on it recently, if you gave everyone $1000 a month then your landlord is just going to raise your rent by $1000.

If full socialism is out of the picture, and we could enact something like UBI I think we should expand disability and social security for those who can't work and then do a universal guaranteed jobs program for those who can work because:

  1. It's way more politically viable. It's going to be almost impossible to convince a majority of Americans to "pay people to sit around all day". They'd be way more open to it if they're doing a job.

  2. We could use the labor on fields that the market doesn't value, such as building green infrastructure or social work for low income individuals. This would go along with expanding the definition of a job to any work that is benefiting society. If you're a parent spending all your time caring for a young or disabled child then that's a job and you should get paid for it.

  3. It you increase the wage for these guaranteed jobs that effectively raises the minimum wage since the private employers have to compete with the government. Why work at McDonald's for $10 an hour when the government is paying $15. If you raise UBI that may decrease wages as employers will use it as an excuse to pay less.

  4. Even for people making above minimum wage it gives the worker more bargaining power since your employer loses the threat of throwing you onto the streets. This is also true for UBI but only if it's enough to fully cover a comfortable life which I don't think will happen due to the inflation it may cause.

  5. It increases production which can help to increase supply and cover for the increase in demand giving people that much money will cause so inflation is checked more.

  6. People neeed a job, as in the expanded definition I gave above, it's a big part of how people make meaning in there life. The best case for someone not working would be they just play video games all day, worst case they turn to drug use.

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[–] bear@lemmynsfw.com 1 points 1 week ago

Only as a replacement for any and all existing government welfare programs. Welfare and charity and investment are all best done decentralized and local as possible but what we have is so inefficient that this would be a huge improvement.

[–] The_Picard_Maneuver@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

I've wondered the same thing. Seems like it would need to be paired with price controls or public control of essentials, but that's sort of a "seize the means of production" conversation that I don't think would be popular unless something like AI genuinely puts enough people out of work.

[–] crawancon@lemm.ee 0 points 1 week ago

companies are gonna company.

and in this country, corporations are people.

capitalism loves to embrace extend extinguish so sure it's temporarily compatible with e v e r y t h i n g

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