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Aug 28 2023 03:33pm
Quote (Handcuffs @ Aug 28 2023 02:28pm)
There would still be labor, and mutual aid can go a long way. One may be happy to lend their skills towards the construction of homes if it means that there are also others who lends their skills towards the medical field, and will then render medical care to them.


This is what money is though, and what it is for. Person A lends their skills towards constructions, person B pays them money in return, such that person A then uses that money to acquire the services of someone in the medical field. People will not spontaneously give away their labour for free - it's a nice idea that people will help others expecting nothing in return but reality and human nature doesnt work that way. Not only that, people exploit it for personal gain: only receive and never give. Basically this from South Park:



This accurately describes people who think money is a bad thing/money isn't necessary

This post was edited by El1te on Aug 28 2023 03:36pm
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Aug 28 2023 03:36pm
Quote (El1te @ Aug 28 2023 02:31pm)
I agree that the idea is righteous and I support it.

But you can't ignore the fundamental reality: In order to provide for everyone, there needs to be a hyperproductive section of the population that produces enough resources and wealth to give it away freely

I support right-wing politics for this reason. More energy, more production, more food benefits everybody. More resources to go around (supply side economics) means better living conditions for the poor. The poor are better off when gas is cheaper, food is cheaper, housing is cheaper. And these all follow the law of supply and demand


I think humanity is pretty adapted for labor, and I don't think UBI would be the productivity killer that some anticipate. I think it would reveal that is 'meaningful' human productivity though.
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Aug 28 2023 03:36pm
Quote (Handcuffs @ Aug 28 2023 02:36pm)
I think humanity is pretty adapted for labor, and I don't think UBI would be the productivity killer that some anticipate. I think it would reveal that is 'meaningful' human productivity though.


I don't think it would kill productivity, it would just lead to hyperinflation. Then the UBI amount just has to keep increasing and increasing until infinity. It's not like this hasn't been tried before: printing money doesn't work. By definition, giving someone money without a good or service rendered is the same thing as printing money

This post was edited by El1te on Aug 28 2023 03:38pm
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Aug 28 2023 03:38pm
Quote (Handcuffs @ Aug 28 2023 03:36pm)
I think humanity is pretty adapted for labor, and I don't think UBI would be the productivity killer that some anticipate. I think it would reveal that is 'meaningful' human productivity though.


Hard to say. I know personally I slammed a wall in life. Once I hit above 50% tax at a marginal rate, I absolutely reject work. Zero desire to lose over 50% of the next dollar.

I don't know where the average threshold is where people's will to be productive stops.

This post was edited by SBD on Aug 28 2023 03:39pm
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Aug 28 2023 03:44pm
Quote (SBD @ Aug 28 2023 02:38pm)
Hard to say. I know personally I slammed a wall in life. Once I hit above 50% tax at a marginal rate, I absolutely reject work. Zero desire to lose over 50% of the next dollar.

I don't know where the average threshold is where people's will to be productive stops.


I think it depends, definitely, on the kind of work that people do. I'm extremely privileged in that I was able secure a line of work that I actually find engaging, challenging in a eustressful way, and that it is something that I would continue to do if I won the lottery (although, with less days/hours).
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Aug 28 2023 03:52pm
Quote (Handcuffs @ Aug 28 2023 03:44pm)
I think it depends, definitely, on the kind of work that people do. I'm extremely privileged in that I was able secure a line of work that I actually find engaging, challenging in a eustressful way, and that it is something that I would continue to do if I won the lottery (although, with less days/hours).


I honestly don't think that many people find meaningful work. Certainly you can take pride in your work but still not find it meaningful. It's probably the case that most people who would need UBI are not going to find what they would deem meaningful work, I suspect anyway. Would they want to go to a fairly mundane, or labour job if their basic needs are met. I don't know. Needs testing.

This post was edited by SBD on Aug 28 2023 03:53pm
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Aug 28 2023 04:22pm
a business is in the business of staying in business.

1. stay in business.
2. make money
3. provide a service or product

Employees may be required to provide the service or sell the product
selling of the service or product makes money
money makes sure the business stays in business

I'm not 'boot licking', That's a term used by fringe creeps who can't or refuse to wrap their head around reality.

---------
Social Security is in the business of staying in business
Welfare is in the business of staying in business.

Universal basic income would become another government bureaucracy that would be in the business of staying in business.

wake up

This post was edited by Mondain on Aug 28 2023 04:32pm
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Aug 28 2023 05:51pm
Quote (JessiWan @ Aug 25 2023 11:45pm)
What do you think? Good idea or bad?

Personally, I feel that as technologies advance, more and more people should be freed from working. And we should have more and more of our needs met simply by virtue of being human. The wealth that is generated through the advancement of technology should be more equally shared among all humans, it shouldn't be concentrated in the hands of a few capitalists and mega-billionaires.

That said, I feel that people shouldn't get money, because this could cause inflation. Instead, I think governments should start purchasing agricultural lands, farm them to produce food, and then give said food to all the citizens. This would be one good way to start implementing something similar to universal basic income.

Your thoughts?


You're reinventing the dole. To Rome it was a necessity, as a large chunk of the Roman population couldn't find sufficient work as widespread slave ownership eroded the value of labor. As a result, the citizen class that fueled Rome's initial rise was slowly but surely hallowed out.
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Aug 28 2023 06:23pm
Quote (El1te @ 28 Aug 2023 16:36)
Anyone who thinks UBI would work is a complete fool who has been living under a rock the past 4 years.

Guess what: If you print money to give to everyone, inflation happens whether you like it or not and that money isn't worth anything anymore. Hyperinflation. If you give every person 1,000 dollars, you haven't given anything to anyone. Economics is the study of scarcity which anyone in favour of UBI decides to completely ignore

Money can be exchanged for goods and services. Money is NOT a good or service in itself.


Only a complete fool would fail to recognize UBI will become absolutely necessary for the continuation of society as more and more jobs are lost to automation.
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Aug 28 2023 07:03pm
Quote (Handcuffs @ Aug 29 2023 09:12am)
I think there is an opportunity to explore why, should you be correct, "Most people go to work because they have to. Remove the necessity with ubi then production stops" is true. It would mean exploring the relationship between people, labor, 'work', and capital. If people would otherwise completely discontinue the work they currently do under a UBI system, then I question the necessity of that work to begin with.


Ubi doesn't solve the problem it rearranges it. It's a steal from Peter to pay Paul scheme. Another way it can be seen as poor people's bailout.

Now in terms of work incentive and why we need it. Simple answer is because we have maintenance needs. We require food and water and shelter to survive. In order to get those we must get off our ass and get them. Instead of going to a jungle with a spear to hunt meat or basket to pick berries we go out and perform jobs which are rewarded with money. Which we can use to buy things.

Remove the need to sleep, eat, drink, shelter and protection then no one needs to work. But that ain't happening. So the question becomes how can we best produce/fulfil those needs. It's an efficiency problem and leveraging our time and labour in such a way where it becomes easier not harder. When we pool our resources and manpower into clusters cities, states and nations we become very efficient but there is internal drag that comes with some people rowing in different direction. There are people who instead of producing and making the world better are engaging theft and gaming the system in order to take from others and put into their own pocket. These are lawyers, politicians, beurocrats, federal reserve, banking cartels and military which is a drag on society.
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