UBI turning out to not work, color me shocked

Makes you think

🤔

nah, its impossible to do in a free society

both socially and mathematically

only time UBI can work, is when society is so advanced, UBI isn't needed anymore cuz we have star trek level technology to make things out of thin air

What is ubi

Universal Basic Income

basically those above articles plans

People get free money just cuz

Cuz society needs to prepare for when machines take over menial labor

Is that just paying everyone so that no one is below the poverty line?

I wish they gave more info on why it didnt work

Like both articles just say "yeah it wasnt working"

well in canada they have barely any info

it just got cancelled cuz teh PCs dont like UBI

they actually said they were keen to see teh results fo the 3 year study before

but then canned it

not just for poverty

When burger flippers / busdrivers / shop clerks are no longer needed,
and these people are generally not educated/smart enough to get higher level jobs

So they'll become unemployable

which is pretty gay

@KidKrakower Same. My thoughts too back when the Finnish result was reported on. And I dont speak Finnish so couldnt dig through their media for answers.

even if it wasnt gonna work id like to see exactly WHY and the results of those studies

Completely unrelated but I think this server needs a place to post music

shitposting

😂

XD yeah or a music channel

@JULZIFICATOR yeah exactly

A place _specifically_ for music

music snobs find other peoples music shit 😛 hence it fits?

shitposting

Whether it worked or not (I dont think it would at this point) I would like some research done on it

Especially if it becomes more popular of a concept in the future

There's actually a leftist argument against UBI.

https://youtu.be/J10jKdPRN9A

I don't think ubi would work because giving everyone a bunch of money would just lower the money's value, and replacing the lowest level jobs with robots would just push the next lowest level into the new lowest level. You'd have to give people an infinite amount of money and automize all the jobs for it to work

Then money would be worthless and you'd basically turn into the people in Walle

That's assuming there's enough food for everyone

Its an impossibility in theory

- You can't just generate money as a state, that would cause inflation, making the money itself worthless

- You have to get it out of taxes from those who still work, meaning their work becomes less valuable cuz they're literally paying people to stay home and live

- The very rich (who would be taxed the most) would most likely just leave and form a smaller state and only pay for security, since robots fix basic needs now

- If you get enough money from the state to "live", then people will not be motivated to work, cuz they can just live without it,
Thus causing a shortage of high-skilled labor which isn't replaced yet

I think we're saying two sides of the same coin

Tl;dr the leftist argument: "It's a market- based solution and markets are bad as they fluctuate. Also, the wealthy in society are all advocating for UBI so that's suspicious".

well they are right

UBI would make people dependent

"tax would have to increase by nearly 30% to fund a basic income. It also argued that basic income would increase income inequality and raise Finland's poverty rate from 11.4% to 14.1%." from the article about finnland

so its gonna be used to either bribe people to not riot, or keep people enslaved by giving them the minimum

I agree with all of those points, @Dr.Wol , I just wish there was hard data to back it up; so you wouldn't have to say "in theory"