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Forums - General Discussion - A $1,000 per month cash handout would grow the U.S economy by $2.5 trillion, new study says

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konnichiwa said:
Pyro as Bill said:

No offence but I'll take the Invisible Hand over a socialist's crystal ball and tarot cards.

You need to stop being robophobic. Sure some may cause harm due to their programming but the vast majority are hard working and massively contribute to the well being of our society, they just want a better life for themselves and their family human beings.

#Notallautomatons

Confusing, I already stated that automation benefits the people in the end but it isn't creating more jobs and that is what I mean with harmfull. A small example was a coal mine in Kentucky that employed 1500 people but wanted to go with automation/software and investing hardly in new machines. The company was nice and let most of them follow the course/train them for the job but at the end only needed a few hundred people.  What should the +1000 others do? Mostly people who worked 20*30 years in this industry? Nobody really have an answer for them.  Except for 'If you want to work you always find work' or 'Stop being lazy' or even worse 'they are just fecking deplorables'. Those + 1000 people would vote against an universal basic income and so would I at the moment but that's why I would love a workforce trying to find a solution. 

 

RolStoppable said:
Pyro as Bill said:

A billionairre becomes a billionairre by providing products and services that other people want. If it's done through free trade and not some green energy government subsidy, then who have they hurt/exploited?

"that whoever could make two ears of corn, or two blades of grass, to grow upon a spot of ground where only one grew before, would deserve better of mankind, and do more essential service to his country, than the whole race of politicians put together."

Capitalism 101 - Prices fall making everyone richer. You don't have to work as many hours for the same goods/services.

The robophobia in this thread is scary. If leftists had the first clue about free trade and the damage they cause by getting in it's way, they wouldn't be leftists.

Huh? Multinational corporations and billionaires have so much money because they shuffle around the revenue and thus avoid to pay a lot of taxes in a lot of countries. Meanwhile, the common man pays his taxes and does his fair share of contributing to the society. The obscenely rich are most definitely exploiting the financial systems everywhere they go. Free trade agreements in and of themselves are commonly set up to be exploits to make the rich richer.

It's not like proper taxpaying and an idea like UBI would put rich people on the same level as the people at the bottom. Some people in this thread have the attitude of "I can't be happy if nobody else has to suffer." Something as simplified as UBI might not be the solution, but the distribution of wealth is similar to the distribution of food in this world; there's actually enough for everyone to have something, but the systems in place are so messed up that many people have next to nothing.

Sorry you are making the mistake of looking at only one level.

Sure automation will remove some positions from the automated line, and those jobs won't be recreated the same or for the same people. So anytime you look at the problem like this you'll get stuck. Just like the defenses that if employement law in Brazil and minimum wage in Brazil ceased to exist the bosses would enprison and enslave the employees. But forgeting that sure some bosses may do that, but others will offer a little more and others even more, etc. In such a way that bosses that just want to pay for poverty will get the very worse employees and likely go out of business.

In short time the 1000 guys will probably suffer a lot, but long term the economy will adjust itself, some will become enterpreuners, others will learn other functions, others will retire, etc. Economy have been working like that since forever. Brazil have gone from like 5 to 15M unemployed in a very short time and when economy regrows it will tend to go back to near 5M.

RolStoppable said:
Miguel_Zorro said:

One of the key arguments against universal basic income is that people will opt out of the work force, so I think it's on topic for you guys to discuss it. 

It's an interesting argument because it's such a flawed assumption. Social status and self-worth matter for the vast majority of people to at least a small degree, so a mass movement of people opting out of work isn't going to happen.

It matters for a lot of people, Maslow is still valid most of times, but I wouldn't say majority are willing the burden, because if they were most wouldn't be working entry level jobs for their whole lives.

In Brazil because of "Bolsa Família" (a form of UBI that was the almagamation of several others government help to the poor) outside of big centers there have been a period over 5 years that people wouldn't accept minimum pay jobs because they would loss the UBI and since the UBI would at least allow then not to starve they didn't want any formal jobs (and informal jobs can either get you a big fine as the employer or loss of UBI if employee when discovered) and employees in Brazil love to go to court against employer.

StuOhQ said:
DonFerrari said:

Well you are right, shouldn't have used "funny".

Socialists and the like refuse to accept that capitalism "by itself" have brought quality of life that basically makes the very poor of today living a standard better than kings of the past.

And all the cries "for the poor" on minimum standards is even crazier. Basically they raise the minimum standard every time, until middle class at the time is considered very poor. Because there are people with a house, 2 cars, food, amenities but that is supposedely bellow the living standard because that person have to work 8h/day.

Without the "greedy and exploitivy" bosses these guys would be on farms working 12 to 14h/day to have only enough to eat.

There is too much wrong here to nitpick, but let's keep things simple. "Poverty" means you can't afford healthy food, rent, transportation, and a place to sleep for you and your family.

I work well above minimum wage, as does my wife, and we spend over 1/3rd of our income on rent -- our apartment is not "kingly" by any fashion, does not include a washer and dryer, and is located within 40 feet of an interstate highway. We have no children and we drive used vehicles which were purchased off of family members for dirt cheap. Even so, add in our other bills and we spend over 2/3rds of out income before we even get to buying gas and groceries for the week. 

Imagining us trying to raise a child on our income, let alone minimum wage, let alone if either of us were a single parent... There simply would not be enough money coming in to come close to paying the bills, let alone have money for extravagances like movies and video games. 

The point isn't that we live better than peasants in the Dark Ages. 

The point is that people doing the same job made more (adjusted for inflation) in the 50s than we do now. The "socialism" you decry is simply a rebalancing of a market that is controlled by the world's wealthiest through lobbying. People now work longer hours for less pay than in our recent past, often working more than one job to make ends meet.

The minimum wage, which was explicitly created as a living wage, does not sustain a family of two on 40 hours anymore. Adjusted for inflation, the 1968 minimum wage would now be roughly $12.64/hr. 

Sorry but I can only say you are very bad with your expenditures as most people.

Or how would you explain people that have a single form of income, earning minimum wage and still maintain a household of 5 in the same city of you?

Do you even know that minimum wage in itself is an evil thing that bit the poor more than it helps and that you aren't even suppose to live on minimum wage or close to it for more than a few years when entering a job? And also that there is always the option to be self-employed and that doesn't need millions to start?

Most of times is excuses and entitlement.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

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DonFerrari said:
It is quite funny that over 2 centuries after Industrial Revolution we would come back to ludo rebels.

Who here exactly has stated ludite-ish opinions? Saying that robots and AI will replace human jobs isn't fear, it's fact. That's not robophobia. I embrace robots doing more of the work for us. But the ramifications this has on an economy functioning in the same way as ours does currently would be out of this world. Hence why we need to look at solutions like this, because our current economic system can't handle a 80% unemployment rate.



Teeqoz said:
DonFerrari said:
It is quite funny that over 2 centuries after Industrial Revolution we would come back to ludo rebels.

Who here exactly has stated ludite-ish opinions? Saying that robots and AI will replace human jobs isn't fear, it's fact. That's not robophobia. I embrace robots doing more of the work for us. But the ramifications this has on an economy functioning in the same way as ours does currently would be out of this world. Hence why we need to look at solutions like this, because our current economic system can't handle a 80% unemployment rate.

Most of you guys saying robots and automatization will rob almost all jobs.

Economy will always change.

RolStoppable said:
DonFerrari said:

It matters for a lot of people, Maslow is still valid most of times, but I wouldn't say majority are willing the burden, because if they were most wouldn't be working entry level jobs for their whole lives.

In Brazil because of "Bolsa Família" (a form of UBI that was the almagamation of several others government help to the poor) outside of big centers there have been a period over 5 years that people wouldn't accept minimum pay jobs because they would loss the UBI and since the UBI would at least allow then not to starve they didn't want any formal jobs (and informal jobs can either get you a big fine as the employer or loss of UBI if employee when discovered) and employees in Brazil love to go to court against employer.

The amount of jobs above entry level is finite and not all people are gifted with the intelligence or the talent that is needed for higher level jobs. But the actual thing we need to consider here is not the different levels of jobs, but the difference between having a job and not having a job. Most people don't feel good about themselves if they don't contribute anything.

Your other paragraph also misses the point. There is indeed a lack of motivation to work when the difference in monetary value between not having a job and having a job is negligible. It's a sacrifice of a lot of time for little gain. But an actual UBI would not pose the problem of the decision between two forms of income; an actual UBI would mean that any job people perform would add money on top of what they already get by default.

Rol, every single source is finite, be either high paying or low paying jobs, raw material, etc. And sure there is a difference between having a job or not, what I'm saying is that it isn't "majority" of people would be totally unfine with UBI and not working, because if that were the truth then what purpose the UBI would have since the person would already have the job?

I understood that the UBI would sum to the income the person already have, but if the UBI already covers for that person need, a very big amount of people would just do that and not have any other form of income.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Pyro as Bill said:
Teeqoz said:

Yeah whoops, forgot about that. It's completely feasible for the vast majority of the human population to be scientists and programmers.

 

Wait...

No offence but I'll take the Invisible Hand over a socialist's crystal ball and tarot cards.

I'm all for the invisible hand, that's what is pushing us towards UBI - it isn't viable for anyone, including the people at the top - to have an economy where most of the population is outside of the labour force and don't have any money, and thus can't afford goods. Doesn't matter if the rich can produce shittonnes of stuff cheaply thanks to automation and AI if no one can buy things. Hence why I believe society will be inevitably pushed towards a system akin to UBI. This has nothing to do with socialism, it's just the inevitable end game of mass automation and AI in a capitalistic economy.

 

Go invisible hand.



DonFerrari said:
Teeqoz said:

Who here exactly has stated ludite-ish opinions? Saying that robots and AI will replace human jobs isn't fear, it's fact. That's not robophobia. I embrace robots doing more of the work for us. But the ramifications this has on an economy functioning in the same way as ours does currently would be out of this world. Hence why we need to look at solutions like this, because our current economic system can't handle a 80% unemployment rate.

Most of you guys saying robots and automatization will rob almost all jobs.

Economy will always change.

It will replace most jobs. It'll take a few decades, sure, but it'll happen soon enough. I don't mind though - more free time for everyone is great. It just forces a change in our economic system to cope with it.



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monocle_layton said:
Why is it that some people on here simply insult the idea and its supporters and provide no meaningful discussion (whether it'd be in the form of other ideas or why handouts wouldn't work).

This is an idea that is seriously considered by people with the possibility that many people may lose their jobs in the next decade or two. I think it's worth talking about this

Same here, but I think even more studies need to happen with more variables if at all possible.  They should keep testing it some more.



Lube Me Up

 

 



Teeqoz said:
Pyro as Bill said:

No offence but I'll take the Invisible Hand over a socialist's crystal ball and tarot cards.

I'm all for the invisible hand, that's what is pushing us towards UBI - it isn't viable for anyone, including the people at the top - to have an economy where most of the population is outside of the labour force and don't have any money, and thus can't afford goods. Doesn't matter if the rich can produce shittonnes of stuff cheaply thanks to automation and AI if no one can buy things. Hence why I believe society will be inevitably pushed towards a system akin to UBI. This has nothing to do with socialism, it's just the inevitable end game of mass automation and AI in a capitalistic economy.

Go invisible hand.

The invisible hand of the market would be more on the people discovering new needs of the market and entrepeneuring on it and opening new companies and those companies will end up employing the ones that didn't had the idea.

The government paying UBI isn't invisible hand at all.

Teeqoz said:
DonFerrari said:

Most of you guys saying robots and automatization will rob almost all jobs.

Economy will always change.

It will replace most jobs. It'll take a few decades, sure, but it'll happen soon enough. I don't mind though - more free time for everyone is great. It just forces a change in our economic system to cope with it.

The economy will change, and yes some jobs or even most will be replaced... yet there have been more professions created in the last 10 years than in the previous centuries. I would guess we have gone from like 100 professions from like 10 mileniums to over 1000 in the last couple decades.

just a small and quick source https://www.theguardian.com/business/2015/aug/17/technology-created-more-jobs-than-destroyed-140-years-data-census

RolStoppable said:
DonFerrari said:

Rol, every single source is finite, be either high paying or low paying jobs, raw material, etc. And sure there is a difference between having a job or not, what I'm saying is that it isn't "majority" of people would be totally unfine with UBI and not working, because if that were the truth then what purpose the UBI would have since the person would already have the job?

I understood that the UBI would sum to the income the person already have, but if the UBI already covers for that person need, a very big amount of people would just do that and not have any other form of income.

Your first paragraph is so strangely written that I have to ask you to reframe what you are saying.

The purpose of UBI is not to have everyone be wealthy and live a good life (the definition of 'good life' is very subjective, after all), but to assure that everyone's basic needs are met: A home and covering the bills that come with it, and something to eat. UBI is not supposed to be so high that people can buy electronics and other luxury goods every month, go on vacations and other nice things. There's no doubt that some people will be content living on that standard, but most people want (a lot) more from life.

It is simple, every single thing is finite in quantity, so saying high paying jobs are finite is useless. In USA alone less than 10% of the job positions are minimum wage, so we can't say that there isn't option for people to grow on their careers. Also I said and resay that people are free to be enterpreunal if they decide or if there isn't space for growth.

I understand the purpose of UBI. Yes a lot of people want more than the basic, but are those same people willing to take the time to get it? Any school you go much more than 2/3 (ass pulled data) are satisfied with getting grades to pass. And you have no essay that would warranty that most people (sufficient to keep the rest) would want to work more to live better and would be totally ok with people doing nothing and getting the basic.

If most people wanted to improve their life then you wouldn't have most also being stagnant.

Look at the small experiment of class scores to see what happens when you remove the incentive from the equation.

And sure most people want more from life, and several of those doesn't think working to earn more is wanting more from life, most work because they need to.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

These ideas generally crumble if you ask where the money is coming from... or how to avoid massive welfare immigration etc.

Secondly, ubi and socialism have nothing to do with each other, neither in theory nor practice. Lenin repeated the old 'He who does not work shall not eat' and the SU had forced labor including slave labor for prisoners of war. There is no ubi in socialism, quite the opposite.

 



DonFerrari said:
Teeqoz said:

I'm all for the invisible hand, that's what is pushing us towards UBI - it isn't viable for anyone, including the people at the top - to have an economy where most of the population is outside of the labour force and don't have any money, and thus can't afford goods. Doesn't matter if the rich can produce shittonnes of stuff cheaply thanks to automation and AI if no one can buy things. Hence why I believe society will be inevitably pushed towards a system akin to UBI. This has nothing to do with socialism, it's just the inevitable end game of mass automation and AI in a capitalistic economy.

Go invisible hand.

The invisible hand of the market would be more on the people discovering new needs of the market and entrepeneuring on it and opening new companies and those companies will end up employing the ones that didn't had the idea.

The government paying UBI isn't invisible hand at all.

Teeqoz said:

It will replace most jobs. It'll take a few decades, sure, but it'll happen soon enough. I don't mind though - more free time for everyone is great. It just forces a change in our economic system to cope with it.

The economy will change, and yes some jobs or even most will be replaced... yet there have been more professions created in the last 10 years than in the previous centuries. I would guess we have gone from like 100 professions from like 10 mileniums to over 1000 in the last couple decades.

just a small and quick source https://www.theguardian.com/business/2015/aug/17/technology-created-more-jobs-than-destroyed-140-years-data-census


The concept of the Invisible Hand is the principle that people acting for the best of themselves often end up doing more good for society than someone with the goal of improving society. That's the idea anyway. It doesn't require a completely laissez faire market, and it can also count for voting for political actions such as UBI. But honestly, the entire concept of "an invisible hand" flies out the window once you accept that there is no such thing as true altruism anyway.

You are really overestimating the use of human labour in a world where computers are better at literally everything. Why on earth would an entrepreneur need people to do jobs when we are both horribly inefficient and expensive?

All the other times new technology has replaced human jobs, there has always been other tasks humans were still better at. There won't be this time. No point in sticking your head in the sand and pretend like it won't happen. If computers can literally think better than humans, what can a human offer compared to a computer?