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Universal Basic Income

jalimon

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North Korea did pretty good in that regard. Not perfect but a lot of people there seem to be pretty equal.
why always going to the extreme? Look at most european country. I have been to many. You rarely see homeless in the streets. Actually i don’t recall seeing one. They do have riches and poor. But i think overall they managed better the inequality of the population.
 

Frankfooter

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why always going to the extreme? Look at most european country. I have been to many. You rarely see homeless in the streets. Actually i don’t recall seeing one. They do have riches and poor. But i think overall they managed better the inequality of the population.
What next, shall we talk about how well educated everyone in Cuba is?
 

rhuarc29

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Personally, I'd rather they curtail globalism, and the associated outsourcing of jobs overseas that has led to a massive windfall for the wealthy and large corporations, while decimating the Middle class and smaller operations, than actually implement a UBI. This way, people are still providing for themselves and have a sense of accomplishment. But if globalism isn't nipped in the bud, then some kind of UBI is going to be required. My problem is that I don't trust our government to implement it in a way that is a effective and sustainable. Besides which, Canada is NOT a good test bed for UBI, as our productivity is already alarmingly low and still dropping. Removing incentive to work in that environment is just asking for disaster.
 
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y2kmark

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Personally, I'd rather they curtail globalism, and the associated outsourcing of jobs overseas that has led to a massive windfall for the wealthy and large corporations, while decimating the Middle class and smaller operations, than actually implement a UBI. This way, people are still providing for themselves and have a sense of accomplishment. But if globalism isn't nipped in the bud, then some kind of UBI is going to be required. My problem is that I don't trust our government to implement it in a way that is a effective and sustainable. Besides which, Canada is NOT a good test bed for UBI, as our productivity is already alarmingly low and still dropping. Removing incentive to work in that environment is just asking for disaster.
Big corporations and concentrations of wealth have been the root of most problems thru this century so far, at least. Without the MIC around the world, what would fascists do for weapons?
 

rhuarc29

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Big corporations and concentrations of wealth have been the root of most problems thru this century so far, at least. Without the MIC around the world, what would fascists do for weapons?
I'd agree it's the root of a great many of our problems, even more so than are evident on a surface level. The reason I'd prefer to curtail globalism instead of enacting a UBI is that a UBI would exercise the same amount of control over the masses as large corporations currently wield. The goal should be to put the power back in the everyday person's control. Can only achieve that if a person's work content is valuable.
 
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Didn’t this get tested during Covid when everyone was asked to stay home? Drove up prices everywhere and made people lazy. And yes I know there are many other reasons for prices, inflation, but I don’t see anything good out of handing out free money.
 

jalimon

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Didn’t this get tested during Covid when everyone was asked to stay home? Drove up prices everywhere and made people lazy. And yes I know there are many other reasons for prices, inflation, but I don’t see anything good out of handing out free money.

We won't get to UBI by choice but by necessity. In the future, there will simply not be enough jobs for everyone. If you do not want madness and violence from the ones who don't have incomes we will need to alternate who works when (trying to balance it out) and give a basic allowance to everyone.

So basically those who work gets more, obviously, but those who don't get the basic income.
 
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JohnLarue

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Personally, I'd rather they curtail globalism, and the associated outsourcing of jobs overseas that has led to a massive windfall for the wealthy and large corporations, while decimating the Middle class and smaller operations, than actually implement a UBI. This way, people are still providing for themselves and have a sense of accomplishment. But if globalism isn't nipped in the bud, then some kind of UBI is going to be required. My problem is that I don't trust our government to implement it in a way that is a effective and sustainable. Besides which, Canada is NOT a good test bed for UBI, as our productivity is already alarmingly low and still dropping. Removing incentive to work in that environment is just asking for disaster.
curtailing globalism is difficult to do with govt policy
the only real ammo is tariffs , which invariably result in counter tariffs
as as you point out I don't trust our government. the idea of Trudeau messing with punitive trade measures is frightening.

there needs to be an economic reason to incentivise business to reshore production
maintaining a robust supply chain has been suggested as a possible post pandemic driver for reshoring.
Not a lot seems of reshoring appears to have occurred thus far
however rejigging supply chains has risks and it can be time consuming to get it right , so it might still be a work in progress
and there would be a lot of time consuming cost benefit evaluation
every company would love a robust supply chain , but not at the cost of a huge hit to margins, particularly if current supply is not constrained
 

JohnLarue

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Big corporations and concentrations of wealth have been the root of most problems thru this century so far, at least. Without the MIC around the world, what would fascists do for weapons?
suggestion for you: start a business and split the profits evenly with all your employees ( you know equality for all)
you will be doing your "fair share" of addressing "the root of most problems thru this century so far"

i should warn you that if you higher that 6th employee without increasing your profits the other five will not be pleased the new hire has decreased their take home, ........hopefully they wont strike
 

JohnLarue

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Very good point
or lock up the ones causing madness and violence and provide for their minimum basic needs in jail

if you give money to anyone to prevent madness and violence, they will soon learn madness and violence pays
some whole 'families' figured this out
 
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JohnLarue

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What next, shall we talk about how well educated everyone in Cuba is?

educated is always good
however, the collective knowledge, understanding and skills of the Cuban people are being wasted by the failed socialist / communist experiment
Cuba is going through its worst economic crisis in 30 years. Since 2020, Cubans have suffered falling wages, deteriorating public services, regular power outages, severe shortages and a growing black market. Hundreds of thousands of people have fled the country.Jan 24, 2024
the Cuban people deserve better
 

Frankfooter

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curtailing globalism is difficult to do with govt policy
the only real ammo is tariffs , which invariably result in counter tariffs
as as you point out I don't trust our government. the idea of Trudeau messing with punitive trade measures is frightening.

there needs to be an economic reason to incentivise business to reshore production
maintaining a robust supply chain has been suggested as a possible post pandemic driver for reshoring.
Not a lot seems of reshoring appears to have occurred thus far
however rejigging supply chains has risks and it can be time consuming to get it right , so it might still be a work in progress
and there would be a lot of time consuming cost benefit evaluation
every company would love a robust supply chain , but not at the cost of a huge hit to margins, particularly if current supply is not constrained
Why do you keep calling for other generations to take the cuts but get super pissed about talks about CPP?
Maybe its time for an economic incentive to keep seniors working at minimum wage to subsidize youth.
 

jeff2

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curtailing globalism is difficult to do with govt policy
the only real ammo is tariffs , which invariably result in counter tariffs
as as you point out I don't trust our government. the idea of Trudeau messing with punitive trade measures is frightening.

there needs to be an economic reason to incentivise business to reshore production
maintaining a robust supply chain has been suggested as a possible post pandemic driver for reshoring.
Not a lot seems of reshoring appears to have occurred thus far
however rejigging supply chains has risks and it can be time consuming to get it right , so it might still be a work in progress
and there would be a lot of time consuming cost benefit evaluation
every company would love a robust supply chain , but not at the cost of a huge hit to margins, particularly if current supply is not constrained
The problem is also robotics. The mechanization of factories and resource extraction which started in the 1980s.
 

TomFord1980

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I'm just wondering if any of the States down South have UBI maybe we can learn from them.
If you print money and give it to people, inflation will go up as there will be more dollars chasing fewer goods.

I think the better solution is to tax corporations more and lower the income tax for lower and middle income canadians.
 

JohnLarue

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The problem is also robotics.
good luck fixing that problem

The mechanization of factories and resource extraction which started in the 1980s.
mechanization started with the wheel and resource extraction stated with the first bonfire

you must have neurotic nightmares caring around your anti-human views, while sharing the planet with 8 billion humans
it must also be difficult to control your own self loathing
 

JohnLarue

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If you print money and give it to people, inflation will go up as there will be more dollars chasing fewer goods.

I think the better solution is to tax corporations more and lower the income tax for lower and middle income canadians.
the bottom 20% pay 1.8% of all taxes

Specifically, the top 20 percent earns 49.1 percent of the nation's income but pays 55.9 percent of total taxes—a difference of 13.9 per- cent. By contrast, families in the bottom 20 percent earn 4.1 percent of the nation's income while collectively paying just 1.8 percent of all taxes
if you want to reduce 1.8% , you pretty much have to go to zero i.e. a free ride for 20% >>> disaster
which cohort uses more govt services ??
which cohort creates more jobs ??

tax corporations more
there will be costs associated with this
job losses, higher prices passed onto the consumer
 
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jeff2

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good luck fixing that problem


mechanization started with the wheel and resource extraction stated with the first bonfire

you must have neurotic nightmares caring around your anti-human views, while sharing the planet with 8 billion humans
it must also be difficult to control your own self loathing
Yes, mechanization started with the wheel but the big push in terms of manufacturing employment happened during the eighties.
I knew that would be your typical response, Mr. Opportunity.
For example, you can make probably 2 or 3 times as many cars using less than half the people of 50 years ago.
I am just pointing out that trade is often less important than automation in terms of employment, Mr. Opportunity.
This is something that Trump does not get.
I am not saying stop it. It is just that the transition to tech was harder for many employees compared to say the transition from farming to factories.
Turning a factory guy into a software engineer is something different.

 
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JohnLarue

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Yes, mechanization started with the wheel but the big push in terms of manufacturing employment happened during the eighties.
For example, you can make probably 2 or 3 times as many cars using less than half the people of 50 years ago.
actually the invention of the steam engine, the invention of the machine lathe and Henry Fords assembly line all were quantum leaps in terms of manufacturing employment relative to any changes that may have occurred in the eighties
and all 3 of those led to massive increases in manufacturing employment

the 1980s manufacturing employment likely increased world wide as millions in Asia started making 'things'

where things are made is quite different from how the are made
robotics ideally removes minimum wage costs for repetitive tasks from the equation, which was Asia's competitive advantage
conclusion: obtain in demand skills that apply decision making

I am just pointing out that trade is often less important than tech in terms of employment, mister opportunity.
does tech feed your family ?
does tech cloth your kids ?
does tech provide you shelter ?
no

trade does


This is something that Trump does not get.
I am not saying stop it. It is just that the transition to tech was harder for many employees compared to say the transition from farming to factories.
Turning a factory guy into a software engineer is something different.
you can not stop it
innovation and advancements is embedded in human nature
i find it odd how so many on the left lament and despise human progress

without such progress you would spend half your day hunting your next meal with a stick and a rock

Turning a factory guy into a software engineer is only limited by the the factory guys desire and attitude
if successful he is better off and more productive, a plus for society
a added bonus is software engineers tend not to strike
 

rhuarc29

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curtailing globalism is difficult to do with govt policy
the only real ammo is tariffs , which invariably result in counter tariffs
as as you point out I don't trust our government. the idea of Trudeau messing with punitive trade measures is frightening.
I'm fine with tariffs, even if they result in counter tariffs. How much stuff do we export to China and India relative to how much we import from them? A third? A quarter? We only really lose on stuff we cannot produce domestically, which is NOT the majority of those goods.

The idea isn't to enact blanket tariffs, but to apply tariffs in a way that is in keeping with export country's standard of living, in order to make manufacturing a level playing field. The metric used could be GDP-per-capita, or median salary, or something else along those lines. Start the tariffs low, then ramp them up until equilibrium is achieved. We need to undo decades worth of wealth disparity caused by cheap global trade, so it'll take decades to correct.

there needs to be an economic reason to incentivise business to reshore production
maintaining a robust supply chain has been suggested as a possible post pandemic driver for reshoring.
Not a lot seems of reshoring appears to have occurred thus far
however rejigging supply chains has risks and it can be time consuming to get it right , so it might still be a work in progress
and there would be a lot of time consuming cost benefit evaluation
every company would love a robust supply chain , but not at the cost of a huge hit to margins, particularly if current supply is not constrained
The pandemic supply disruption did not convince Canadian and American companies to reshore production in any meaningful way, so I doubt that's going to happen without legislative action. And what kind of legislative action would that be?
 
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