Try it with everyone now
Imagine all the artworks, music, and scientific discoveries that would be made if people were just paid a basic income and set free to pursue endeavors that strike their curiosity.
Art, music, scientific discoveries
Speedrunners, challenge gamers, simracers, mod creators,
If anything it proofs that people can overcome almost every challenge
Decades ago, a video game mod is what led me into computer programming.
Intellectual curiosity comes in all forms. What we lack is the time to pursue it and explore where it leads us.
Open Source Software
So much speedrunning
Wait a minute wait a minute. Do you mean to tell me that if you look after your population instead of making them miserable, then the outcome is good? But, but, where’s the ProFIt MOtiVe? Where’s in incentive? People won’t just work and make themselves a functioning part of society just to make themselves feel good! They need a whip. And chain. And constant threats of easily treatable illnesses going untreated if they don’t comply.
Unbelievable.
I would enjoy not having to work about money
I would spend my time writing software and doing math, cooking, and making art
Hey, that’s my schtick
“paid”
You mean invested?
why when giving money to rich folk for then to hopefully make jobs is called investing
but when giving it to people directly to generate wealth it’s called “paid” , like it’s some charity.
Invest in people, best investment.
Sounds good
Excellent strategy.
I mean yeah? That’s how basic economy works - if a state gives people free money, they get to spend that money on commodities which benefits the economy in terms of GDP.
The issue with UBI is still that it comes from the state, meaning once the overall rate of profit inevitably starts dropping and state gets less and less taxes/dividends and has to increase spending, meaning cuts or abolishment of welfare programs such as UBI. States don’t have infinite money, and UBI for a state is an expense, not a profit endeavour. It’s why welfare states don’t really exist anymore apart from the few.
Yea, wellfare states are nice when the economy is booming but quickly run up debt when it’s not. It’s a nice idea, but not viable in the long term. In the end for each penny of government spending there needs to be a penny coming in from somewhere.
This can be largely mitigated by cheap financing but also then you see the inevitable downturns and the debt has accrued to unsustainable levels. Financing like that is passing the bill on to later generations (hard stare at the boomers).
No shit sherlock, that’s what injecting money into the economy does, almost irrespectively of who gets it (yes, even stupidly rich people). Then there’s better and worse ways of doing it.
Actually, stupidly rich people is the exact kind of people you shouldn’t inject money into : they already have all they need and instead of stimulating the economy, they’ll just speculate with the cash.
instead of stimulating the economy, they’ll just speculate with the cash
That is also stimulation of the economy, although a terrible way of doing it and (at least in my opinion) leads to a worse situation even if economic activity increases. Bad money injection, causing misallocation of funds, is always worse than just doing nothing for the vast majority of people. Asset speculation drives risky capital ventures that try to find a way to monetize and squeeze more profit out of literally everything.
Throwing money at artists is… meh. I’d rather see it put to something more useful. Teachers, more staff at kindergardens, better healthcare…
Stupidly rich people tend to just inject it into offshore bank accounts.
