All the arguments about disincentivising work are, IMO just convenient filler. If you categorically disproved them, their proponents would surely just find another macro-economic rationalisation for their beliefs, which are in truth fundamentally moral.
It’s one thing to say that we must provide a social safety net for the most vulnerable, whether temporarily or permanently so.
It’s quite another to say “work should be optional and the basics of life should be provided for all [via the work of others]”.
I think you’ll find a few people who object to my 2nd paragraph, but extending the argument to the 3rd is a jump where you’ll lose a great number of reasonable people.
The answers to this are:
provocative: work is already optional for holders of large capital - if it works for them, why not the rest of us?
humanitarian: everyone deserves decency (and we have enough to go around)
utopian: we are/will be rich in everything we need, so we do not need to work for basics - we will only need to work for the betterment of ourselves, our culture and civilization
practical pessimist: if we don't give the poor enough to keep them on board of the system, they will oppose it and we will have civil war
practical optimist: if we give the poor what they need to live without a fight, they can focus on working on themselves to lift themselves up - it will be a win-win situation
practical realist: taxes (and exemptions) and benefits are so complex, it would be cheaper to use UBI and probably fairer as well
I'm in the practical optimism/realism camp, although my lizard brain sometimes gets angry at some of the "the poor deserve no better, it's a fair system - they just have to work"-people and will use the provocative argument.
Feel free to donate all your money to the poor who deserve better; if you will use threat of violence to get someone else money (no matter the cause) I'll call you immoral.
We decide these things together through the democratic process.
I know it is hard for people like you, who reject democracy and any kind of power anyone could have over them, it must feel terrible to not be able to escape a system you disagree with. But I also think that on the spectrum of systems we had, it is not really fair so scream "taxation is theft" and "social security is immoral" at democracy, if you consider what we had before.
I'm a programmer living in a first world country (spent the first two and a half decades of my life in a third world shit hole) . I have a modicum of financial responsibility.
This means before I reach my 40s I'll have more than enough to live indefinitely off my investments. While gaining money.
I am not that smart. I am not incredibly hard working. And yet with less than 20 years of work,starting without debts and less than £1000 in my name I'll have enough to live off the money that my money makes (well, unless the world's stock market permanently crashes)
There is something deeply wrong with the financial and governamental systems if they can sustain me like that but they can't sustain most of the population.
I use public utilities like streets, the NHS, and a stocks and shares account that I won't pay taxes on gains when I start living off it.
The main thing that will allow me to not work is having a certain amount of money that is making me money.
If I were to have a kid they would be financially independent too, simply by inheriting my wealth (as long as they were financially responsible).
Just having money is enough to generate income without having to ever work in your life.
Sure, your money makes you money - you made enough to live off capital gains, these are taxed - and capital gains are usually money taxed in multiple layers - and you can give that money to others, e.g. your children but you could choose anyone else.
I don't see how that's relevant to anything here though... Yes, your children, partner or maybe your extended family or best friend will be considered very lucky - but why does that mean that all others - most of whom aren't as lucky as you or calculating as me and have much less money - must sponsor other people's work-less lifes?
I wouldn't ask if this meant that nobody has to work ever again, but that is not the case right? The reality is that a lot of people will have to work a lot harder to make life work-less for a much smaller group of people content with merely surviving. The world isn't just rich/poor... - and simply distributing government welfare evenly among all people will never work, many people require much bigger amounts to even stay alive due to their health.
If you consider yourself overly lucky, donate to a charity or research, and your government certainly accepts excess taxes if you ask, but don't force this onto others.
Why are you so obsessed with 'luck'? I haven't even said that word once in this thread.
>Your parents didn't pay taxes?
Never said they didn't. Only that I won't pay taxes over the gains of most of my investments.
Not sure how inheritance tax works, but my hypothetical child wouldn't need to work either.
So what is up with this system where that can happen with a modest amount of money but people have to work?
>The reality is that a lot of people will have to work a lot harder to make life work-less for a much smaller group of people content with merely surviving
You sure about that? Because merely surviving is quite cheap nowadays and the vast majority of people aren't happy with merely surviving.
No, that just means there are a lot of people below your living standard who are willing to work for you, in exchange for the resources you have accumulated over your life. You are also owning machines that make it possible to sustain yourself and some of the labor input is necessary but not the primary driver of value.
Think about how much a human tractor driver contributes to how much food is being produced vs how much the tractor contributes. Without the tractor the driver could have never possibly farmed that much food.
This doesn't bother you at all? Do note that if I planned to have a descendant they wouldn't have to work either (my financial independence is relying on an income instead of having so much money that I couldn't spend it in my lifetime)
You could spend it all in your lifetime; you’re just choosing not to.
you got lucky. The skills you had was a right fit for the times.
What the gov't needs to do is to up-skill people so that they can provide for themselves. This will take a lot of effort, but i do believe that such investment is worth it. Rather than UBI, or any sort of welfare that encourages people to stop working.
Up-skilling is just delaying the problem we will face when there is not enough offer to match the demand for jobs.
Create artificial jobs to keep people busy?
Now that I think about it, that seems to be what we have been doing for some 30-40 years now.
By artificial jobs, I mean jobs that if they disappeared, life would go on pretty much the same. This was in fact quite visible during all the lock-downs. Many many people no longer worked and all the essential and many non-essential things where still produced.
If it comes to pass at some future time that machines can do all the work and everyone can live a Garden of Eden existence, goods and services will be so cheap due to their natural abundance, that UBI might be feasible but food and essentials might be almost not worth the trouble of metering.
We’re really, really far from that being a reality or concern, IMO.
Is this the kind of society that we want to live in? Where trough automation and first mover advantage we allow people to be ridiculously rich while the rest of the population struggles to get by?
As the time goes on and our society gets richer, we would include more things into the essentials (holidays, a personal vehicle, etc.)
IMO modern society can easily support the needs (and wants, for that matter) of ourselves with just a fraction of the workers we have. So we create busywork for the rest so they feel useful and can participate in the economy. Maybe welfare should be reorganized like today's big corporations and the gov't can become the employer of last resort. It's not like we haven't basically done that in the past.
high compensation doesn't require that it is valuable to society - only that it's valuable to the person paying the compensation!
And whether the person paying (aka, an employer) is getting value for money is irrelevant. If they are not getting value for money, they will eventually bankrupt. The invisible hand and all that.
> easily support the needs ... with just a fraction of the workers we have
so you would usurp the labour of those fraction of workers, so that the rest can live off it, work-free? Why would those fraction of workers agree to such exploitation? What's in it for them?
Well, I thought about it, my employer wants a CRUD app but is it really necessary? Is there no other way to do it? I mean, if they had to pay Silicon Valley wages it would not be very easy to justify paying that much, so it boils down to why the employer wants the CRUD app, not how much you are being paid.
Well, the first potential reason would be that it is 100% superfluous and the employer is just following a CRUD app trend and doesn't want to miss out. I somehow doubt that this is the case but things are never black and white. In this case the wage is arbitrarily high or low.
The second potential reason is that the CRUD app is replacing an alternative, presumably the problem the CRUD app is solving has to be solved and if it is not done via a CRUD app it would be done manually by office workers. The CRUD app therefore saves my employer the cost of hiring more data entry people for example. I find this to be likely. I can crank out 3 CRUD apps per year. Assuming all three CRUD apps combined increase productivity enough to cut one data entry job (technically they were never hired in the first place) and the app is good for 3 years that means I can charge up to 3 years of salary for one year of work. The benefit to society is that people don't have to waste their life on trivial problems.
The third potential reason is that the CRUD app is the only way to solve the problem, essentially the CRUD app lets us solve a problem that is otherwise impossible to solve. In this case compensation depends entirely on how much income solving the problem brings in and thus my wage is bounded by that income. In this case the wage could be arbitrary as well but it would be tied to solving a problem. I consider this a significant driver of wages in Silicon Valley but the CRUD apps I am writing are not in this category. The benefit to society is that the problem has been solved at all.
I’ve decided that it’s ok for me to wait hand and foot and serve the every need (as best I can understand it) of my child when they’re under 1 year old but that it’s not okay to do the same when they’re 10, 20, and 30 years old.
A similar thing can be obviously reasonable in one scenario and unreasonable in another without representing a rift in cosmic consistency.
After interviewing several people, I reached the conclusion most people don't think at all about the issue and have therefore incredibly inconsistent philosophical positions on issues.
Not sure, I've read articles online about companies in the US struggling to hire because people are being paid more by the government. The counter to this is that companies should pay more. Undoubtedly some could afford to do this, but others... the mom & pop outfits... may not be able to.
With the extra $300 / week benefit, in my state (Ohio), the total benefit works out to a little under $20 / hour. Note that this is a sliding scale and earning that much would require you have at least that high of a wage previously.
What you end up seeing is a lot of margin in terms of how much someone is willing to give up in working wages to just collect unemployment. There has also been a lot of interest, and even competition, of workers seeking voluntary layoffs for companies that need some staff reduction.
I've heard a number of arguments using this as evidence that UBI will be a huge economic negative because it will reduce the workforce but I'm not sure how this can really be a valid proxy since the unemployment benefits are completely dependent on you not working. It seems pretty reasonable that if people could collect some basic income and also work for an even higher wage, they would.
everyone else can have livable wages
There is suggestions that paying everyone a UBI is actually cheaper than the current approaches to benefit payments. No more means testing, no more form filling, no more benefits offices or case workers etc, no more physical offices filled with admin staff doing stuff, no more claiming a benefit when you are not entitled to it and having to pay it back again in your tax return to avoid missing out on a state pension (this specifically refers to weird child benefit rules in the UK) Everyone gets the same regardless.
That feels like a nice idea to me, but I have no idea if it is actually true or not.
I know for me personally I have the nice problem of earning too much for a lot of widely vaunted benefits (e.g. childcare, child benefit as mentioned above, tax free allowance etc). It would be nice personally if a lot of these cut-offs and clauses and caveats and minimum/maximum levels and then reporting it in your tax return just went away and everyone just got £500 a month or whatever.
I.e. reduce complexity and the machinery needed to run and police it.
> all with “positive” results.
Call this lack of self awareness. Do you have any study that looks into the long term effect of this scheme with data. AFAIK, there had been multiple programs of UBI going all the way to 1960s[1] and each time government cancelled it for some reason, so calling it one word positive if got cancelled is bit of overreach.
Well, by thayt standard this planet has zero rational governments.
As for suggestions : It's pretty vague, but how about doing projects in things that you're interested in ? Like maybe creating a prototype for an energy drink, buy a lot of different ingredients to find new recipes, or buy tools for drawing and create a comic...
Or read up on a problem your city has, and work on it.
I'd take this one step further and say that the majority of people don't have consistent opinions about what the truth is, they only care for receiving the informational stimuli they've been conditioned to perceive as pleasant.
UBI is therefore an experiment in nomenclature. The reality of governments giving money over long periods of time to citizens whose labor is not market-competitive is nothing new. What's being tested is how it's branded: "welfare, benefits" is a humanistic, "socialist" way of branding it while "universal, basic, income" are words more in line with the rationalistic, "neoliberal" memeplex.
And it's not just one or the other side either, since it looks like UBI could address a lot of issues (ie overall govt waste) the entrenched bureaucracy is by default resistant to it.
This is a challenge with a lot of benefits programs; the change in income often doesn't seem to justify the change in labor. If you get the same UBI payment regardless of if you're working or not, the disincentive to work, because it ends your benefit isn't there; of course, the disincentive to work, because working is work is still there.
Would you run a pilot of every idea? At the level of a country?
Paying everyone in Wales £ 1 is a big endeavor, let alone a value that's meaningful and on a monthly basis, so it's not as if a pilot comes at no cost. You could certainly form an opinion from experiments in other places, or economic thought expirements or from wherever it is politicians pull most of their thoughts.
Remove poverty trap and improve dignity in social programs. Many social programs already offer equivalent money but they are means-tested. Effort to get more income may lead to not being eligible for these programs, which is essentially equivalent to very high effective marginal tax rate, discouraging people to try.
This is interesting and I’m not sure what you mean. Are you picking a random person and giving them a thousand euros per month? Or are you spending a thousand among multiple people?
There are lots of charities with consistent donations from people (eg, effective altruism pledges) so I’m unclear what your experiment is or will show other than other patronages.
My employer has been running an experiment for a few years where every month they give me a few thousand.
Economists know the results, they don’t need to run such experiments.
It’s like Socialism or rent control, the basic laws of economics will already tell you the outcome.
It just happens that lots of people think that economics is no hard science which doesn’t allow for such predictions.
It is useful to ask what you are trying to achieve with an UBI?
* lift people out of poverty?
* save money on other social schemes, like pensions, disability payments, schooling or housing subsidies?
* save money on secondary effects of poverty (like lower average health, or more mental and psychological problems)?
* make everyone's life “better” (if so, define better)?
* boost the economy?
I am going to conduct my own personal UBI experiment starting February 2022. I will be gifted €1.000 per month for 48 months... and I am thinking about maybe blogging or vlogging or instagramming about my experiences.... Any suggestions from the HN crowd?