[joe_mamba]

>What I don't agree with, the underpayment of workers enabled by government "subsidies".

Wait a second, Isn't this just corporate welfare and goes against capitalism and supply/demand free market economics? Why should other people's taxes subsidize other people's businesses?

If your business is a net negative to the economy due to it only being able to survive on subsidies, then it has no right to exist.

We're not talking about subsidizing national security industries like semiconductor manufacturing, aerospace, renewables, pharma, we're talking about subsidizing someone's cafe/fast food business so they as a business owner can pocket the profits while paying their staff below market and having the taxpayer pick up the tab for the difference.

Or is this just a cloaked form of UBI to prevent mass unemployment?

[em-bee]

are we? are we not also talking about enabling restaurants to exist in order to make our city livable?

i also don't see the issue with housing support. in vienna more than half of the population lives in subsidized housing. the current rate is that 2/3rds of any new built housing is subsidized.

and it apparently works out. instead of paying higher wages so that no one needs subsidies, everyone pays higher taxes to fund the subsidies. it's redistribution of income. yes, i guess you could consider it a cloaked form of UBI. i believe the key feature is that this model makes the whole economy around housing and income less volatile.

[joe_mamba]

>are we not also talking about enabling restaurants to exist in order to make our city livable?

No! Why are privately owned restaurants part of a city's "livability", as if going out to eat food made by an underpaid slave wage class of migrant workers, is somehow a god given entitlement for the western person, and not something beholden to the same supply and demand market rules of any other business? Why should restaurants get special treatment so that their owners can buy another Porsche while they exploit cheap desperate foreign labor and the taxpayer subsidies? What about plumbers, hairdressers, landscapers, web-dev shops, yoga, why aren't those businesses part of a city's livability and entitled to subsidies?

And if you expect restaurants to be a public service for sake of livability, then they should also be state run and not for the profit of the restaurant owners.

> in vienna more than half of the population lives in subsidized housing.

What about the other half who pays for those getting the subsidies but don't get to live in subsidized housing? What's their opinion? I doubt they're happy they're paying market rate rent to a private landlord just so their neighbors can pay much less subsidized rent and beat them at wealth building.

It's always nice and easy when you're the one getting subsidies to justify how amazing subsidies are. I've never met a person complaining about receiving too many subsidies or asking themselves where the money from the subsidizes is coming from and if that's fair to others.

>it's redistribution of income.

Who would agree to this if they'd get to vote on it. I mean to have their income redistributed to others, not to have others income redistributed to them.

Forced income redistribution like in the case of Austria since you brought it up, just creates a vacuum where the most talented most hardworking people leave for greener pastures abroad to escape it, and you're left with a stagnant economy of average or below average people who don't see any point in hard work and will prefer to optimize for a life on getting the subsidies rather than funding them, so the government ends up with a bigger and bigger debt hole funding all this in exchange for votes.

See the Austrian guy who developed Openclaw then left because of the way Austria treats small business success and entrepreneurship.

Central planned income redistribution always leads to failure in the long run. This only worked in the post-WW2 Europe when there were a lot more people paying into the system than receiving, but not in today's world and economy.

[relaxing]

Capitalism is not a sincerely held belief. The true belief is “my business, at the expense of yours.”

[toomuchtodo]

Very similar to how religion and their associated belief systems are used to control others. I suppose one could consider capitalism a form of religion and "sacred values" that faces an almost autoimmune response when the belief system is challenged, as it also challenges the human's identity (in some cases).