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UBI Cash Payments Reduced Homelessness, Increased Employment in Denver (www.businessinsider.com)
submitted 3 years ago by [M] to c/worldnews@lemmy.ml
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[–] 181 points 3 years ago (142 children)

Remember, we know how to address many of the world's problems, including poverty, homelessness, and climate change.

But those with capital in society choose not to.

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  • [–] 51 points 3 years ago (49 children)

    Those with capital choose not to

    Those with capital profit off of not doing so.

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  • [–] 30 points 3 years ago* (4 children)

    Like the one recent CEO saying the quiet part aloud by saying government should promote higher unemployment, since in the high employment environment employees aren't desperate and have more demands costing him money. That employees arent feeling enough pain and despair in economy.

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  • [–] 12 points 3 years ago (3 children)

    To be fair, this isn't that far away from the economic theory underlying using interest rates to manage inflation - it's just phrased in a different way.

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  • [–] 10 points 3 years ago (41 children)

    I recently heard it phrased like this:

    Capitalism is built on hierarchy, which means someone fundamentally NEEDS to be at the bottom. There is no way around it, someone needs to suffer.

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  • [–] 2 points 3 years ago (36 children)

    I don't think that this is really true.

    If someone has "more" then yes of course someone needs to have "less", merely by definition.

    The question is really whether those with less are living below the poverty line or living comfortably. I guess it's a question of semantics whether "capitalism" requires people to be living below the poverty line but I don't think it does. It's just shitty regulations which allow wealth to become as concentrated as it has.

    Socialism in principle sounds great, but most times it's been implemented it's suffered from the same problem as capitalism - the people with power are greedy and use their power to manipulate and oppress the populace.

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  • [–] 3 points 3 years ago

    In most cases, yes; but in this case in particular, with UBI increasing the buying power of the poor, those with capital would actually profit off of implementing such a service. No, this one boils down to good old fashioned classism.

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