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RE: Is Universal Basic Income A Good Idea?

in #money7 years ago (edited)

Why am I "mistaken" when comparing UBI to socialism? It's pretty much the same idea of government handouts and paternalism that leads to communism, mass killings and societal collapse. Just take a look at the number of people killed by these paternalist governments that all started by promising they would protect and improve the lives of their people and ended up killing them en masse.

Government does not want or intend to kill us all. It's mostly composed of corrupt, inefficient officials and politicians that think they are right. They are human beings, with good intentions mostly.

The problem is, that eventually, as they go through "The Road to Serfdom" (a book you should read by the way if you want to understand this, it's difficult for people born and raised in wealthy capitalist countries since they are too spoiled by the easy life) when under pressure from economic collapse, they will always choose to sacrifice us. That's what has happened throughout history and will keep happening as long as the sheep remain ignorant, lazy and complacent. This is not a whacko theory, it's been proven many times over in history. UBI is the whacko theory here that has never been proven to work...

The solution to this is self improvement, I said it in my first comment. Get ready for the future, get an education on blockchain coding for instance, there's plenty of well paid jobs there. Of course, it requires effort and it's not for the lazy. There are many jobs that will be created that we can't think off right now. In fact, social networks that pay in crypto like Steemit could be one of those jobs.

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UBI has worked essentially everywhere it has been trialled. And it's not socialism. It's embraced by economists across the full spectrum, including Hayek and Freidman (free market capitalists). And your faith-based position that jobs will just magically appear is contrary to both rigorous analysis and actual present trends. @scottsantens, who commented below, has written widely on this topic. He has extensive articles with exhaustive links and data that contradict all your points. Have a read of his stuff.

Where is that magic place where UBI worked? North Korea maybe? We have UBI in Cuba, it's about $20 dollars a month and people would rather swim with sharks than staying in that hellhole. You still don't answer the main issue: what would stop the government from just killing all the leeches and calling it a day?

What's stopping them from doing it now? Adding UBI into the mix doesn't change anything.

People with jobs, wealth, education and guns
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Voting on your own reply, that's pretty low, man...