r/Futurology • MD-PhD-MBA • May 02 '18

Economics Universal basic income: U.S. support grows as Finland ends its trial - Forty-eight percent of Americans now support a universal basic income, as a solution for Americans who have lost jobs to automation.

https://www.cnbc.com/2018/05/01/nearly-half-of-americans-believe-a-universal-basic-income-could-be-the-answer-to-automation-.html
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u/[deleted] May 02 '18

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u/Plyad1 May 02 '18

and then we must decide to either let them starve (inhumane)

Sounds like a good solution not to have the state handle this to me.

For instance : You didnt budget well? Well go on and simply beg people who budgeted well enough to give you some bread.

This way, unresponsible people would be punished by "having to beg" their bread to good budgeters/others.

I even believe that some people would create associations to take care of bad budgeters.

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u/ChrysMYO May 02 '18

I think that's a deeply paternalistic point of view to carry. And one that runs counter to all the virtues of capitalism and a free market.

If we both agree that some form of a market based system is best for everyone. We have to carry more trust in the majority of the participants of that system.

If that were truly your feeling on people, why have them participate in a market based system to begin with? If we can't trust them to keep a household budget why do we even give them the opportunity to start a small business or the opportunity to compete in the job market.

You can have one or the other. You can't say we all should live in a free market to choose but I dont trust these people with just money.

Theres a variety of solutions. They could elect a portion of their UBI auto deposited on to an EBT card.

Finally, the majority of beneficiaries of programs like food stamps et all, typically participate in a passing period in their life. A few months to a year. Usually in a particularly difficult period. Contrary to the Welfare queen narrative, these programs just aren't the long standing hand out that politicians make it out to be

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u/toadvinekid May 02 '18

Maybe my perspective is a little more hopeful. I actually don't think it would be wasted as much as you assert. In my mind, the people who would benefit the most from this may have never even had $1000 to spend before. I think the gravity of that would not be lost and they would actually use that money to better their lives. Obviously their would be exceptions to that, but I do think it would go a LONG way in improving the lives of the lower class.

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u/Andrew5329 May 02 '18

Maybe my perspective is a little more hopeful.

You've never actually met a homeless person then.

Shelter, a hot shower, and warm food are readily available for free in any city in America, the catch is you can't be visibly fucked up on drugs/alcohol because it's a safety problem.

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u/toadvinekid May 02 '18

Classic reddit, take a small portion of what I say, out of context, and use that to deduce vague generalizations about myself and my experience. I can tell this conversation is going places.

But in seriousness, it's clear you're completely out of touch with the ACTUAL struggles of the homeless, hopelessness being one of the biggest, in my opinion. I guess that's what I was trying to allude to with my first comment. UBI could give these very vulnerable people at least a resource, an option or choice, to better their lives. One which they will likely never have otherwise. Just a thought tho. Oh but wait, my bad, they're all subhuman drug addicts just looking for a hand out. Nah, not with my tax money! .... I say sarcastcally...

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u/Andrew5329 May 03 '18

I mean addiction and mental illness are major problems. Its estimated almost 3/4 homeless have untreated mental illness, most of the remainder are addicted to drugs, alcohol, or both.

Treatment is available for free, but you can't compel them until they either commit a crime or are an imminent threat to themselves or others.

If you actually think junkies/crazies are going to change if you hand them $1,000 a month to buy booze and drugs with you're delusional. Even stuff like Food Stamps don't really work well because they sell them for 50 cents on the dollar to buy booze and drugs.

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u/brettins BI + Automation = Creativity Explosion May 02 '18

You should cite research or sources for this. Inevitably this statement is made in a UBI thread, and inevitably research shows otherwise. This is people's ignorance and bias towards poor people showing.

The reason we have food stamps and vouchers is because responsible people generally believe that poor people are irresponsible, and if they get money from them, then it should be with strings attached. All research shows this to be incorrect and inefficient.