Re:Can Universal Basic Income Transform Society?
by ryandrake on Wednesday July 17, 2024 @10:49AM
(#40986530)
> As far as I’m concerned, rather than implementing UBI, if we were to take that money and use it to implement prison reform and mental health care, it would be far better spent.
This is kind of trickle-down-ish. When you put a dollar in the pocket of an individual, that dollar was fully spent on helping that individual (your point about what he does with it, and whether that counts as helping, still stands).
When you put a dollar in the pocket of a business or institution that "helps people", $0.50 goes to the executives and shareholders, $0.25 goes to all the bloated administrative staff, HR managers, Directors of Paperwork, and so on, $0.20 goes to sub-contractors and sub-sub-contractors who, themselves have executives, shareholders, administration, and at the end of the chain, maybe $0.05 goes to the actual enterprise of helping people.
This is kind of trickle-down-ish. When you put a dollar in the pocket of an individual, that dollar was fully spent on helping that individual (your point about what he does with it, and whether that counts as helping, still stands).
When you put a dollar in the pocket of a business or institution that "helps people", $0.50 goes to the executives and shareholders, $0.25 goes to all the bloated administrative staff, HR managers, Directors of Paperwork, and so on, $0.20 goes to sub-contractors and sub-sub-contractors who, themselves have executives, shareholders, administration, and at the end of the chain, maybe $0.05 goes to the actual enterprise of helping people.