I don’t know how relevant this is now, but here’s a link to another post where I expressed my thoughts on what kind of pitfalls you might most likely face – https://lemmy.world/post/36867409

By the way, what is this phenomenon on Lemmy? Let’s say people are reluctant to read and comment on old posts published just a couple of days or a week ago, but with new ones, it’s a completely different story. What kind of psychology is this? Or it seemed to me?

  • humanspiral@lemmy.ca
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    2 hours ago

    There’s no mechanism in UBI to increase production to match the increased demand.

    There will normally be import pressure if every local supplier refuses to increase supply to meet the large demand, and economic growth, increase that UBI affords. Fine, our usual scarcity economics are proven profitable. But, any supplier can take share and profits by increasing supply instead of being part of cartel extortion strategy. Import pressure is key to lowering prices if cartel is “succeeding”.

    If anything its could decrease production / supply as less people work and choose to just live off UBI.

    You will get 5 job offers per day, and if you refuse them all, everyone else will get 10 job offers per day. You can understand that working a little bit will let you afford more beer and videogames, or consider raising a family. Inflation/work is self adjusting. If everyone hates all work, then work pays awesomely, and prices may rise enough that work still feels needed to stay ahead. Too many people just love work at any wage, and GDP-based freedom dividends makes full time time off more attractive.

    after UBI of $1,000 the landlord can use the threat of renting to the homeless person to raise the rent until that homeless person is priced out again.

    UBI+work allows you to upgrade your housing. UBI+homelessness will always be able to afford a shoebox, and lifestyle that doesn’t involve harassing people/tourists for spare change. A fixed address shoebox can help with job search in a job market desperate for more workers, and being among the population receiving 5 recruiter calls/emails per day.

    a universal jobs guarantee.

    Categorically demonic leftist proposal. Create a hierarchy to manage “useless jobs”. Enslaving population’s time to dig and fill holes, is theft of their time that they could pursue to provide useful work, or enhance skills for future useful work, to society. The theft of time and energy able to enhance individual’s lives is categorically evil. Leftist politics is about creating bureaucratic hierarchies to put bandaids on oligarchy, in order to reward leftist allies with bureaucratic positions. It is an unnecessary expense/evil to provide income to people.

    • Not_mikey@lemmy.dbzer0.com
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      21 minutes ago

      but any supplier can take share and profits by increasing supply

      Increasing supply in almost every industry requires more labor though. With UBI you get a labor shortage though as less people will work, and the people that do work will be demanding higher wages like you said, pushing up the price of the finished goods.

      This is the problem with UBI , it focuses only on demand and consumption on the assumption that increasing them will magically make supply increase to match. But demand doesn’t create supply, labor does, its the core of productivity. Someone’s gotta be making the food we all get to eat, and caring for you when you’re sick or old etc. If more and more of those people decide to go on UBI then there will be less of those to go around and the supply that will be available will be expensive as the people that continue working will demand a higher wage for there service.

      UBI + homelessness means you can afford a shoebox and a lifestyle…

      Not sure what you mean by this, by homeless do you mean unemployed and a shoebox just means a small APT, or do you mean actually homeless and a shoebox is just a PO box to have a permanent address? Assuming you mean the former, again you aren’t building more shoeboxes so that shoebox that the homeless person wants to rent with there UBI is probably currently occupied by a person who will use all there UBI to bid up the rent so that they can keep there housing as theyre now competing with those homeless people with UBI to keep from being homeless. This works further up the housing ladder as each tier will bid up prices to maintain there housing in the face of rising competition from the lower tiers who now have UBI. So rents increase, but the housing situation for everyone remains the same.

      As for the jobs guarantee it doesn’t have to be, nor should it be for most people, digging holes and filling them in. The other benefit of it is that we as a society can decide on what work is useful and not the market. Under this a job could be caring for your dependents at home, building green infrastructure, environmental restoration, building affordable housing etc. work that the current market based system doesn’t value. With UBI you keep that market system of labor and that work doesn’t get done but a lot of socially destructive work like say running a casino keeps going.

      UBI actually makes it harder for the government to do these projects as the government wouldn’t have the money for it and labor prices would also go up. It’ll be hard to build actually affordable housing if all the government budget is going to UBI and construction workers now cost twice as much in wages.

      UBI works on the assumption that there’s not enough work to be done and that a sizable chunk of the population can stop working and we’ll be fine. That’s not true, not only do we have to keep working on all the things we currently are, we need to do more to transition to net zero and figure out how to sequester millions of tons of CO2 out of the atmosphere, that’s not going to happen by itself.