353
XXX (sh.itjust.works)
submitted 8 months ago* (last edited 7 months ago) by xfreed@sh.itjust.works to c/nostupidquestions@lemmy.world

UBI is implemented tomorrow. Every citizen gets $1000 per month.

Landlord now knows you have an extra $1000 that you never had before. Why wouldn't the landlord raise prices?

Now you have an extra $1000 a month and instead of eating rice and beans for a few meals you go out to a restaurant. The restaurant owners know everyone is eating out more so why not raise prices and maximize shareholder profit as always. The restaurant/corporation is on TV saying, "well, demand increased and it is a simple Economic principle that prices had to increase. There's nothing we can do about it".

Your state/country has toll roads. The state needs money for its deficit. UBI is implemented and the state/country sees it as the perfect time to incrementally raise toll prices.

Next thing you know UBI is effectively gone because everything costs more and billionaires keep hitting higher and higher all time net worth records.

you are viewing a single comment's thread
view the rest of the comments
[-] BananaTrifleViolin@lemmy.world 13 points 8 months ago* (last edited 8 months ago)

Long term, why would it be limited to $1000?

This is honestly an issue about the long term prospects of our species. More and more production is becoming automated, resources owned by a small proportion of the population, and complex work likely going to AIs. This causes a fundamental breakdown of our current system - people working is largely "redundant" in a world of automation; people are less and less of a "resource" and capitalism begins to make less and less sense.

We're playing with the idea of UBI now, but we're going to need solutions to this problem. Whoever owns the robots, AIs, land/resources owns everything. Either we let this be concentrated in the hands of an arisocratic class of billionaires, or we rebuild the system and accept capitalism is over. If people can't "sell" their time through work, then how are people going to live. UBI is not a single solution in itself - it could allow a utopia or it could be a dystopia to that enables more control by those who want to own everything.

I know it all sounds very science-fiction but this is the reality our world is sleep walking into. Instead of coming up with plans to face this, our politicians are unsurprisingly pissing about focusing on nonsense and tinkering at the fringes of the problem at best.

[-] LemmyKnowsBest@lemmy.world 4 points 8 months ago

Do you honestly think the government is going to pay every citizen a full living wage to sit around and do nothing for the rest of their lives? Keep dreaming.

[-] Kinglink@lemmy.world 2 points 8 months ago

"No it'll be so people can go be artists, and be writers and be...."

There are legit people who believe that.

And it's not like this money appears magically the government will need to find ways to pay for this, we still haven't solved that problem but even if we did, we'll see that 1000 doesn't change everyone's situation. Stupid people will still be poor because they spend too much money. The rich will save their money, but the middle class and lower middle won't change much because ultimately, 1000 dollars will eventually be factored into the new price of everything.

this post was submitted on 15 Mar 2024
353 points (100.0% liked)

No Stupid Questions

35762 readers
436 users here now

No such thing. Ask away!

!nostupidquestions is a community dedicated to being helpful and answering each others' questions on various topics.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must be legitimate questions. All post titles must include a question.

All posts must be legitimate questions, and all post titles must include a question. Questions that are joke or trolling questions, memes, song lyrics as title, etc. are not allowed here. See Rule 6 for all exceptions.



Rule 2- Your question subject cannot be illegal or NSFW material.

Your question subject cannot be illegal or NSFW material. You will be warned first, banned second.



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Questions which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts and joke questions.

Provided it is about the community itself, you may post non-question posts using the [META] tag on your post title.

On fridays, you are allowed to post meme and troll questions, on the condition that it's in text format only, and conforms with our other rules. These posts MUST include the [NSQ Friday] tag in their title.

If you post a serious question on friday and are looking only for legitimate answers, then please include the [Serious] tag on your post. Irrelevant replies will then be removed by moderators.



Rule 7- You can't intentionally annoy, mock, or harass other members.

If you intentionally annoy, mock, harass, or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- Majority of bots aren't allowed to participate here.



Credits

Our breathtaking icon was bestowed upon us by @Cevilia!

The greatest banner of all time: by @TheOneWithTheHair!

founded 1 year ago
MODERATORS