this post was submitted on 11 Dec 2024
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Hello, I'm not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn't companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

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[–] LovableSidekick@lemmy.world 1 points 1 week ago* (last edited 1 week ago)

Yes I'm 100% for it, And no, companies DGAF where your money comes from as long as you buy stuff. UBI is the only way capitalism can exist at all long-term, because to exist it requires customers. With the continuing drive to eliminate employees, eventually so many people will be unemployed that if nothing happens to supply them with money for shopping, they won't be able to shop. Before we even get to the stage of food riots and massive social unrest, businesses will start feeling the drop in sales and profits. They really have no motivation to oppose UBI - which of course won't stop the more short-sighted ones from opposing UBI, because people often do things that hurt themselves in the long run (see MAGA). But overall UBI is ultimately one way of keeping capitalism afloat as employees become less and less necessary.

[–] crawancon@lemm.ee 0 points 1 week ago

companies are gonna company.

and in this country, corporations are people.

capitalism loves to embrace extend extinguish so sure it's temporarily compatible with e v e r y t h i n g

One problem with this question is that UBI can be implemented in different ways and the way that it is implemented is very important.

I think that the way most people think about UBI is that you would get enough money to not have to work. I don't think that this is compatible with capitalism, because the main reason why people work is because they are pressured into it for economic reasons so removing that without providing people with some other reason to work will just cause the economy to collapse.

Even if people work for some other reason than money, you will still have the problem that UBI undermines itself. As less people work for money, the money you get from the UBI program will also mean less. Not only do you need a different way to encourage people to work, but you also need a new way to distribute the products of that work if you want to ensure that everyone has access to basics like food and housing.

For these reasons I don't think that a UBI that offers people the option of not working is compatible with capitalism. Capitalism is the system that we use to distribute work and resources and if we implement UBI we will have to invent new systems to do those things instead.

It is still possible to have a smaller UBI under capitalism if your goal is to for example prevent money from getting to concentrated among the rich and instead stimulate the economy, or something.

[–] where_am_i@sh.itjust.works -3 points 1 week ago (1 children)

Let's see, lemmy, let's see if we can find one upvoted opinion against UBI.

Ah, no, we're an echo chamber. But then what's the point of AskLemmy, if you already know that everyone thinks the exact same way you do?

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[–] where_am_i@sh.itjust.works -4 points 1 week ago

Let's see, lemmy, let's see if we can find one upvoted opinion against UBI.

Ah, no, we're an echo chamber. But then what's the point of AskLemmy, if you already know that everyone thinks the exact same way you do?

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