this post was submitted on 05 Oct 2023
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For the very problems you stated, I'm in favor of UBI. Capital would take some time to adjust to the new system and for a moment, misery would be alleviated for a metric shitload of people. When it's ripped from our hands by greedy capitalists, it could act as a unifying, radicalizing force and bring us closer to a revolution. There's a loooot more to it than my few sentences. But a UBI given to everyone with no means testing would be an objectively good thing. And its a bit like Pandora's box. Once it's here, you can't take it away without serious social ramifications. I'll leave a couple of articles that touch on this because it's something the left ought to be taking more seriously, however I haven't had a chance to read the two of them all the way through yet. I'm at work and things just got busy but here ya go one, two
Hard agree on all points. It's a bit of a bummer that Andrew yang of all people was the one to start the national conversation about UBI because his whole deal just pollutes the discussion from the jump
Also for a guy with a Math pin he ignored key parts of the UBI research he used for his position and repeatedly misrepresented the figures in it.
The projection that the economy would grow because of UBI was in the part of the Roosevelt Institute study that posited the money would just appear from the sky whereas the growth rates projected from tax financed UBI were almost zero as would be expected.