this post was submitted on 06 Dec 2023
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Work Reform

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[–] [email protected] 6 points 11 months ago (7 children)

This is not even really a proper implimentation of UBI anyways right? They are injecting more capital into the local economy of course people were better off...

I still dont see this as a proper experiment of UBI since it's not self-contained within a society.

[–] [email protected] 5 points 11 months ago (5 children)

What do you mean self-contained?

[–] [email protected] 6 points 11 months ago (2 children)

In this experiment, external funding is paying for the handouts.

In a self-contained system, the same system/community providing the handouts would be generating the revenue for them (e.g., via taxation). Think of existing social welfare where "the system" generates the revenue that pays for the welfare programs.

[–] [email protected] 2 points 11 months ago

Ah, that makes sense. Thanks for taking the time to explain.

[–] [email protected] -1 points 11 months ago (1 children)

That's irrelevant to the question here. Here the question is how would people live their lives depending on the variation of the UBI. They still pay taxes. It's no different than government money.

The question you are asking is where the money will come from. Or how will the government finance this. It's not a difficult question to solve, except for liberals who hate taxes more than anything else on earth.

[–] [email protected] 2 points 11 months ago (1 children)

The question of where to get the money is not so simple, really. Especially so if the economy is already fubar

[–] [email protected] -1 points 11 months ago

You know money is just made up, right? The question of where to get the money is the simplest part of the whole proposition.

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