this post was submitted on 05 Nov 2023
1243 points (93.2% liked)

Leftism

2060 readers
5 users here now

Our goal is to be the one stop shop for leftism here at lemmy.world! We welcome anyone with beliefs ranging from SocDemocracy to Anarchism to post, discuss, and interact with our community. We are a democratic community, and as such, welcome metaposts that seek to amend the rules through consensus. Post articles, videos, questions, analysis and more. As long as it's leftist, it's welcome here!

Rules:

Posting Expectations:

Sister Communities:

[email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Solarpunk memes [email protected] [email protected] [email protected] [email protected] [email protected]

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] 31337 8 points 10 months ago

I would think UBI would be implemented to track inflation. I also assume it would be funded by progressive taxes, not just spinning up the printing presses (which would cause inflation). Effectively, it would be a wealth redistribution program cycling money from corporations and the rich down to the poor.

I really don't trust the government (which is pretty much captured by corporations) to implement it well though. They'd probably give everyone just enough money to barely survive, without health care, in a van down by the river or something.