Money for Nothing: the Universal Basic Income

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JasonL
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Money for Nothing: the Universal Basic Income

Post by JasonL » 02 Aug 2018, 13:50

New government may just be philosophically opposed. Still with Finland first then this one the consensus at a minimum is it’s expensive.

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Fin Fang Foom
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Re: Money for Nothing: the Universal Basic Income

Post by Fin Fang Foom » 02 Aug 2018, 13:54

JasonL wrote:
02 Aug 2018, 13:50
New government may just be philosophically opposed. Still with Finland first then this one the consensus at a minimum is it’s expensive.
Rob Ford:Marion Berry::Doug Ford:Donald Trump is what I've heard.

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Eric the .5b
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Re: Money for Nothing: the Universal Basic Income

Post by Eric the .5b » 02 Aug 2018, 20:24

JasonL wrote:
02 Aug 2018, 13:50
New government may just be philosophically opposed. Still with Finland first then this one the consensus at a minimum is it’s expensive.
But why would it be expensive to give everyone money? :D

(OK, to be sure, this program was income-gated, despite the "U".)
"Better that ten guilty persons escape than that one innocent suffer."
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Jennifer
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Re: Money for Nothing: the Universal Basic Income

Post by Jennifer » 03 Oct 2018, 19:28

Apparently Obama has climbed aboard the UBI bandwagon.

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JD
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Re: Money for Nothing: the Universal Basic Income

Post by JD » 08 Feb 2019, 08:00

So far Finland's experiment shows that recipients' (self-reported) health and happiness is better, but their work habits are unimproved:
https://www.reuters.com/article/us-finl ... SKCN1PX0NM

I'm not sure that this experiment is really a great one, since the recipients were/are all unemployed, so I'm not really sure how it boiled down to anything more than more generous, no-strings-attached welfare payments. Then again, my feeling has always been that since UBI is paid for out of taxes, some people are going to be net losers and some are going to be net gainers, meaning that UBI will essentially always boil down to "more welfare".
"Millennials are lazy. They'd rather have avocado toast than cave in a man's skull with a tire iron!" -FFF

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Painboy
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Re: Money for Nothing: the Universal Basic Income

Post by Painboy » 08 Mar 2019, 16:35

UBI, one art installation at a time.
Starting in 2026, this will be one lucky (or extremely bored) worker’s everyday reality, thanks to a government-funded conceptual art project in Gothenburg, Sweden. The employee in question will report to Korsvägen, a train station under construction in the city, and will receive a salary of about $2,320 a month in U.S. dollars, plus annual wage increases, vacation time off and a pension for retirement. While the artists behind the project won’t be taking applications until 2025, when the station will be closer to opening, a draft of the help-wanted ad is already available online, as Atlas Obscura reported on Monday.
The job’s requirements couldn’t be simpler: An employee shows up to the train station each morning and punches the time clock. That, in turn, illuminates an extra bank of fluorescent lights over the platform, letting travelers and commuters know that the otherwise functionless employee is on the job. At the end of the day, the worker returns to clock out, and the lights go off. In between, they can do whatever they want, aside from work at another paying job. They’re not even obligated to stay at the station all day long. They can quit or retire and be replaced by another worker anytime they want; otherwise, their employment is guaranteed for life. No specific qualifications are needed, and the artists overseeing the project assured Atlas Obscura that anyone in the world could apply.
“Old Social Democrats accused them of using financial realism to mock the transcendental accomplishments of the welfare state,” he recalled. “Neoliberal ‘progressives’ accused them of wasting taxpayers’ money to stage a nostalgic return to that same welfare state.” Lars Hjälmered, a member of parliament from Gothenburg who belongs to Sweden’s center-right Moderate Party, decried the conceptual artwork as “stupidity” in the news magazine Dagens Samhälle.

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Hugh Akston
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Re: Money for Nothing: the Universal Basic Income

Post by Hugh Akston » 08 Mar 2019, 17:29

If you don't know how to fund UBI, that story makes a compelling case for eliminating NEA funding first.
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Ellie
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Re: Money for Nothing: the Universal Basic Income

Post by Ellie » 08 Mar 2019, 21:20

Hugh Akston wrote:
08 Mar 2019, 17:29
If you don't know how to fund UBI, that story makes a compelling case for eliminating NEA funding first.
:lol: :lol: :lol: :lol: :lol:
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