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Re:How basic income could fail in America by virtuabhi on Sunday December 18, 2016 @05:08PM (#13207975)
Its Communism/Socialism. Just to give two examples (from India) about how it ends up (1) Min. days employment guarantee to people in rural areas: Build a kutcha (made of mud, temporary, no asphalt) road. And build the road again after it rains. (2) Give everyone a job: Ten people operating a ferris wheel.

There is a reason why capitalism, competition, and corporations have managed to pull more people out of poverty than any other scheme. Of course a set of regulatory policies, socialist schemes, and worker protection laws are required to make sure that the focus is on the people.

Re:How basic income could fail in America by nhaehnle on Monday December 19, 2016 @08:36AM (#13211256)
(1) Min. days employment guarantee to people in rural areas: Build a kutcha (made of mud, temporary, no asphalt) road. And build the road again after it rains.

Sounds like a good thing in my book if the alternative would be higher unemployment and having no road at all.

And yes, in many cases, that would be the alternative. Even the US lacks infrastructure spending despite being one of the richest countries in the world.

Of course, in an ideal world, you'd build a proper solid road once, and afterwards pay people to do other kinds of work that are higher on the hierarchy of needs. But you can't just blindly criticize something for looking inefficient without properly considering the alternatives.

Re:How basic income could fail in America by dx034 on Monday December 19, 2016 @09:22AM (#13211522)
I don't think you'd find much purpose building the same road every week just because the state needs you to do something. It's not better than not working at all.
Re:How basic income could fail in America by mempko on Sunday December 18, 2016 @05:32PM (#13208109)
No, science has pulled people out poverty. Capitalism, like other forms of terrible economy systems happened to exist at the same time.
Re:How basic income could fail in America by aminok on Sunday December 18, 2016 @07:48PM (#13208681)
Economists have looked at this and concluded that the spread of market institutions like private property rights has accelerated poverty reduction, because of the effect it has on capital allocation and incentives.

Science isn't generated in a vacuum, and in any case, science alone doesn't generate goods/services. I strongly recommend you look at the evidence presented on the causes of global poverty reduction:

https://www.ted.com/talks/paul_romer

http://www.economist.com/news/leaders/21578665-nearly-1-bill...

http://www.csmonitor.com/World/2016/0207/Progress-in-the-glo...

Re:How basic income could fail in America by thatcat on Sunday December 18, 2016 @08:16PM (#13208789)
Engineering produces solutions to the problem the economy presents it. Its only going to solve the problems of poor people to the degree they can afford to pay for the goods and services designed. This could be a benefit of BI, redirecting some engineering focus from earners to non earners, who tend to live more economically sustainable lives by necessity.
Re:How basic income could fail in America by aminok on Monday December 19, 2016 @05:15AM (#13210545)
I recommend you study some economics. A lot of the ideas you have seem to be a product of fear-based conjecture insted of knowledge. For example, you seem to not be aware that the economic development that market institutions facilitate makes goods/services more affordable for the masses, including poor people.

Did you read the articles I linked? What was your takaway from them?

Re:How basic income could fail in America by thatcat on Monday December 19, 2016 @11:09PM (#13217401)
You linked christian science monitor and an economist fluff peice fta: "take a bow capitalism," yea - quality, unbiased, non-ideological sources here. /s Neither mentioned the concept of BI.

Obviously after implementing BI the economy may not adhere to previous economic models since youre changing part of it.

What scientific studies would you reccomend? I dont consider ted talks to be a rigorous science community and I dont think its conjecture that products are designed for the people who will ultimately pay for them.

Re:How basic income could fail in America by aminok on Tuesday December 20, 2016 @10:35PM (#13226611)
Please re-read what I've written:

>Economists have looked at this and concluded that the spread of market institutions like private property rights has accelerated poverty reduction, because of the effect it has on capital allocation and incentives.

This isn't specifically about BI. My point is that you're wrong to claim economic systems don't matter. You're applying very little critical thinking and intellectual integrity to this debate. What do you think you'll accomplish by lying to others and yourself?

>You linked christian science monitor and an economist fluff peice fta: "take a bow capitalism," yea - quality, unbiased, non-ideological sources here. /s

Both are considered highly credible media sources. Do you think they are lying when they state that the spread of market institutions is responsible for the largest reduction in poverty in world history?

As for the TED talk, are you aware of who Paul Romer is? Do you know why he is considered credible? Did you watch the talk he gave, and the explanations he provided for why poverty has declined in various countries?

Re:How basic income could fail in America by thatcat on Saturday December 24, 2016 @02:49PM (#13251342)
Your explainations of capitalism being great for various countries were tangental to any analysis of BI in america. That capitalism reduced poverty is both obvious and unrelated to BI. No one is suggesting removing personal property rights. Think about BI like the banking and auto bailouts, inject cash in a dead spot to keep the economy stable using quantative easing.

I didn't and won't watch your video source. I dont think cs and economist are lying just that one has christian in the name which says somthing about their preexisting political bias and I'm not lying to anyone, the economist article was definitely a fluff peice which even the most highly credible media institutions can produce.

Re:How basic income could fail in America by aminok on Sunday January 01, 2017 @09:16PM (#13298628)
BI is a form of forcible redistribution that weakens private property rights, which is a key market institution, so pointing put that stronger market institutions are better for wealth-generation/poverty-reduction is absolutely relevant to the topic of what the expected outcome of instituting BI is.

Putting your head in the sand and being optimistic is not going to make the potential problems of forcible redistribution go away.

When the evidence suggests that a particular idea is a bad one, even if that idea seemed wonderful at first, a d even if that idea is wildly popular, it has to be discarded, for the sake of society.

Re:How basic income could fail in America by TheSpiceIsLife on Sunday December 18, 2016 @08:39PM (#13208884)
For that to be true all the socialist or communist states that have failed, or generally to live up to expectations, would have to be devoid of science. Which I'd posit isn't the case.
Re:How basic income could fail in America by nhaehnle on Monday December 19, 2016 @08:46AM (#13211315)
What I find best about these discussions is that when socialist or communist states fail, it's because of socialism or communism. When capitalist states fail, it's because of something else.
Re:How basic income could fail in America by dx034 on Monday December 19, 2016 @09:24AM (#13211535)
It's because the percentage of capitalist states failing is very low. The percentage of socialist states that failed (or converted to capitalism like China) is extremely high.
Re:How basic income could fail in America by turar on Sunday December 18, 2016 @10:11PM (#13209276)
Socialism is when workers own their means of production. What you described isn't socialism nor communism.
Re:How basic income could fail in America by srssays on Sunday December 18, 2016 @11:10PM (#13209461)
"workers owning the means of production" is neither necessary nor sufficient for socialism.

The only people who advance this peculiar definition are members of the American left, presumably as a way to define themselves out of being "socialist"!

French Wikipedia has a better definition: the elimination of inequality and social classes.

> The word "socialism" covers a very diverse set of currents of thought and political movements, whose common purpose is to seek social and economic justice. The original goal of socialism is to achieve the social equality, or at least a reduction of inequalities and, particularly for Marxists, to establish a society without social classes.

I guess you could say "socialism" is a label and not a description.

Re:How basic income could fail in America by wux on Monday December 19, 2016 @03:55AM (#13210309)
It's unclear where you got the impression that collective ownership of the means of production is a definition of socialism invented by the American Left. The idea originates with Marx and Engels, the latter elaborating that it is both necessary and sufficient for the elimination of social classes:

"...said Marx, what we observe historically is that only one class of persons has always owned or monopolized the means of production throughout history. This condition of ownership over the means of production is the single most fundamental fact of the materialistic theory of history since it is this that leads to the division of society into economic classes." [Morrison, Marx, Durkheim, Weber: Formations of Modern Social Thought, p. 44, paraphrasing Marx, The Germany Ideology, pp. 8-13.]

"...it was seen that all past history, with the exception of its primitive stages, was the history of class struggles; that these social classes warring with each other are always the products of the relations of production and exchange -- in a word, of the economic relations of their epoch; that therefore the economic structure of society always forms the real basis, from which, in the last analysis, the whole superstructure of legal and political institutions as well as of the religious, philosophical, and other ideas of a given historical period is to be explained." [Engels, Socialism: Utopian and Scientific, p. 72.]

"The proletariat seizes state power and to begin with transforms the means of production into state property. But it thus puts an end to itself as proletariat, it thus puts an end to all class differences and class antagonisms and thus also to the state as state." [Engels, Socialism: Utopian and Scientific, p. 93.]

tl;dr--In the analysis of Marx and Engels, ownership of the means of production is what divides economic classes; economic relations are the basis upon which are founded all social and political relations in society; in the struggle between those who own the means of production and those who do not, it is by the proletariat seizing the means of production that class differences are eliminated in society.

Re:How basic income could fail in America by turar on Monday December 19, 2016 @09:34AM (#13211592)
> French Wikipedia has a better definition: the elimination of inequality and social classes.

So "ownership of means of production" is simply the next step, an answer to an inevitable question that would arise from French Wikipedia's definition.