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john-h-k | 1 month ago
Very true. In a UBU world I have no doubt we’d have many exciting libraries, lots of pottery, and many books.
But I’ve never met anyone passionate about collecting bins, development of accounting tooling, or pricing of phone insurance. You need rewards to allocate people effectively, because “passion” is random and not related to what people actually need
saghm|1 month ago
zigzag312|1 month ago
But the major issue is that the progress slows down. Effects of slower progress accumulate with time. At first you are only a few years behind, then you are a few decades behind etc. Imagine inventions, cures being available decades or hundreds of years later (depending on what timescale we look at).
I think UBI sounds nice, but is far from an optimal solution. Wouldn't be better, if we could solve same issues UBI promises to solve in a more efficient way (with less negative side effects)? UBI is just throwing money at the problem, hoping it will solve itself.
locknitpicker|1 month ago
You're making the mistake of conflating UBI with "no one works anymore". This is a silly mistake to make. It's like believing that providing a universal healthcare service that provides basic care to everyone somehow meant supply and demand for private health services would be eliminated. In the meantime, look at pretty much any European country which already provides free universal healthcare.
Listen, UBI stands for Universal Basic Income. Universal means everyone gets it, Income means an inflow of cash, and Basic means it's not much, just enough to cover basic needs. Think of a kind of unemployment benefit for all that doesn't go away once you find a job. Once you get a job, you get paid an income that supplements your basic income. That's it. The biggest impact is that if you find yourself out of a job, you still get an inflow of cache that allows you to meet basic needs.
UBIs does change the economy. For example, most if not all poverty-mitigation policies can be effectively replaced by UBI. Instead of food stamps, use your income to buy food. There's no longer a pressing need for unemployment benefits if you already are guaranteed a basic income.
godshatter|1 month ago
zigzag312|1 month ago
But what are these basic needs that are not much? Housing costs, medical expenses...?
nanapipirara|1 month ago
fastasucan|1 month ago
There has been several really nice personal accounting CLI projects lately.
true_religion|1 month ago
I think a bigger issue will be that the people who are passionate for a project may not be the most effective at accomplishing it, and without income you can’t motivate those more effective people into working on the project.
btilly|1 month ago
Interestingly, UBI would be compatible with ending the minimum wage. If survival is guaranteed, then there is no reason to insist that a low end job pay a living wage. As long as someone wants to pay for the work and someone else wants to do it, let them!
somenameforme|1 month ago
But on the other hand in many 'urban' neighborhoods, there's far less motivation to take care of things - and once you remove the external actors going in there to do what little they already do, these places would fall into an even more pitiful state very rapidly. But I also think we're looking at things superficially. There's a lot of technical work that can't be casually done like plumbing or electrical that is currently moderately compensated. In an UBI world costs for this would likely skyrocket which would lead to an even higher UBI which would lead to even higher costs which would lead to Zimbabwe.
Pessimism aside I would probably actually support it, simply because I think it would be the ultimate expression of liberty - but you have to realize that you're not going to create anything like the same society we have, but with everybody being able to independently support themselves. You're going to completely destroy the contemporary economy and create a new entity that would probably be much closer to something of times long since past when the overwhelming majority of America was self employed. 'The Expanse' offers a realistic take on what UBI would probably entail.