1020
Remember, living wages is less expensive than this! (thelemmy.club)
submitted 5 months ago by to c/memes@lemmy.world
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A picture of the Kimberly-Clark Warehouse in Ontario, California burning to the ground, with a Dark Souls 3 esque caption over it saying WALMART FIREBOMBED
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[–] 15 points 5 months ago (15 children)

except the national economies aren't organized in a way to enable any form of UBI.

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  • [–] 11 points 5 months ago (6 children)

    Yet

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  • [–] 8 points 5 months ago (5 children)

    it's not like governments are trying to get there when it's not an election season though

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  • [–] 9 points 5 months ago (4 children)

    Elections aren't going to save you.

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  • [–] 2 points 5 months ago (3 children)

    I mean Somalia is right there, mate

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  • [–] 3 points 5 months ago (2 children)

    What?

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  • [–] 6 points 5 months ago* (1 child)

    national economies handle being welfare states just fine, which isn't so different from what a UBI would be. Also developed service economies live and die by consumption. A UBI would stabilise and stimulate domestic consumer demand.

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  • [–] 1 point 5 months ago

    there's massive difference in scale though that brings in a lot of variables that would require a full lock-in before implementation. Given how globalised and interdependent modern economies are - there are too many unpredictable factors outside of governmental control that can whiplash onto national economy and wreck the plans even more than usual. And that might render any UBI-type system a huge burden that would get targeted by folks from IMF making "valuable" "suggestions".

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  • [–] 3 points 5 months ago (4 children)

    The Comingle app (beta) is seeking to start our own UBI without relying on the government to do it for us. Seems very promising

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  • [–] 6 points 5 months ago (3 children)

    How?

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  • [–] 4 points 5 months ago (2 children)

    It's a nonprofot org which basically just does monthly UBI to your bank account when you sign up... They did the math and it turns out you only need a few thousand people of diverse economic backgrounds for it to be viable.

    From what I understand it's like a phone banking app, but more secure, and it takes something like 10% of your earnings each month, then returns a lump sum to everyone of around $500 almost immediately. So people earning $40k/yr will net a couple hundred dollars per month. If you make nothing that month you will get closer to $1000 People who make $100k/yr will lose a couple hundred dollars. And the multimillionaires will lose a couple Gs a month (which sounds like a lot but it's negligible to them).

    https://youtu.be/mo9FsrSXZww

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  • [–] 6 points 5 months ago (1 child)

    the multimillionaires

    Why would any of them do this instead of charity donation that they can deduct from their taxable income?

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  • [–] 2 points 5 months ago

    Great question. So this money goes directly to people, instead of through a charity. We are cutting out the middle man, and it affects EVERYONE with cash, not just a select few who know how to benefit from the charity and qualify for their supplies or whatever the charity provides. It's awesome for us, but not as awesome for the billionaires and multimillionaires. The only real benefit for them is, they get to keep their heads!

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