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?

  • ryathal@sh.itjust.works
    13·
    2 days ago

    I don’t think UBI can exist at all. There’s way too many problems that aren’t even close to being addressed by arguments in favor of it. It doesn’t work at all from a financial perspective. There’s not a level of automation that exists that could handle the loss of workers. There’s little evidence that new innovation or invention would happen as there’s little benefit for the creator. The only way it works is in a post scarcity society, which isn’t even close to existing.

    • marzhall@lemmy.world
      3·
      2 days ago

      There’s not a level of automation that exists that could handle the loss of workers.

      You appear entirely unaware of test programs like Canadian Mincome showing minimal employment drop, with some spinning up businesses by claiming the income against loans. The people who dropped out entirely were nearly all either continuing education or mothers raising kids.

      This is replicated in projects like those in Africa.

      Basically, the answer to the knee-jerk “wouldn’t everyone just stop working?” question is “actually, no.”

      • ryathal@sh.itjust.works
        1·
        2 days ago

        The test programs can’t really show anything definitive though. For a couple important reasons.

        1. The program will end and participants know that. Not working for 3-5 years is going to create long term problems after the program ends for participants.
        2. It’s a set cost trial, so government doesn’t adjust taxes or other social programs.
        3. It’s limited scope, so landlords employers, shops, etc can’t make any adjustments either as it’s an irrelevant amount of their income.