Hello, I’m not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

  • orcrist@lemm.ee
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    9 days ago

    Your theory about companies raising prices to offset UBI is actually undercut by historical and present evidence.

    There was a time when the United States had welfare. The United States still has food stamps. But nobody is seriously pretending that these things did or do drive up grocery prices.

    Similarly, over time various states have raised minimum wage, and if your argument were accurate, then the prices in those states would have immediately risen to match minimum wage, but they didn’t.

    In other words, you’re repeating a conservative talking point that has been repeatedly debunked by reality. I think you could try to improve your argument by arguing that inflation happens across the board, to everything, and therefore it would also happen to UBI. But what we’ve actually seen is that’s not true.

    • WhyJiffie@sh.itjust.works
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      9 days ago

      my country has started a program a few years ago that gives a lot of money to couples that produce children, primarily to be able to afford buying a house. it has contributed to many problems, from convenience marriage, to parents literally not caring for their children, but maybe the worst of all is that it has raised property prices by the exact amount of aid received for producing 2-3 children.

    • Wiz@midwest.social
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      9 days ago

      Thank you for this argument. I had found that mentally I was getting trapped in this line of thinking about UBI.

      My way around in my mental way if thinking it was Universal Basic Medicine, Universal Basic Food, Universal Basic Housing, and so on. That way, if some jackass landlord decided to raise rent too high, you’re not homeless. Also, in my ideal world, the health insurance industry should be “taken out”.