The Neo-Liberals ...

Hands down, the US is a nanny state for the rich, not even proper 'capitalism' anymore. See, my hatefull rhetoric might give someone the impression that I have a problem with the 'capitalist' - I make no secret that I see the capitalist system as a problem, but I do not hate the capitalist to say it that way. Infact, not even Marx had a problem with capitalism, he just saw it as a system which thrives on exploitation of labour, even if you are a benolevent capitalist that is doing everything for his workers etc. it is still a 'system' of exploitation.

The capitalist, is someone who actually takes a lot of risks, investing his wealth, creating companies and factories, employing people and offering goods etc. they are a factor of an economy. But the current super wealthy and rich? They are robber barons. They are leaders of an oligarchy where they buy votes and undermine democratic institutions. It's some form of elite. Someone like Betsy De Vos a capitalist? Just in her dreams. Or Trump? Not a chance. They are Kleptocrats, they are in for stealing money, trough bribes, conflicts of interests and corruption.

I actually have quite some respect from capitalists, people that use their money to invest it in projects, this could even be green technology or some new invention, they actually do something with their wealth and are not necessarily corrupt people. But it is a reality that someone like Bill Gates or Steve Jobs hasn't earned Billions trough his work, but because they owned stocks from their company which had thousands of people working for their wealth, but that is just stating the facts I am not saying that this is either good or bad.

The point is, taxing the rich and super rich and the corporations that earn a fuck ton of money, is not opression it is a necessity when you're looking at the current economical evolution. As someone who really loves the idea of libertarianism, I hate to hear this, but I think it's simply how it is because we're not living in a world anymore where you have a whole continent to conquer with endless resources and space where you could create your own comunity of free people and where everyone was responsible for his own live.
 
The hypocrisy of the system is easy to summarize.

Corporates in America shout "The Invisible Hand" and to be left alone when it is talking about regulation of them for the protection of the citizenry, environment, or to make them pay for the privileges they get like corporate citizenship (which is bullshit) and special breaks from the government like special trade deals or contracts or the government simply allowing them to operate on US soil.

Whenever the market turns against them or labor starts rising up (which should be the nature of the Invisible Hand at work as labor rising up is part of the Invisible Hand making an equilibrium with the owners), they bitch and moan as well as force the government to protect them.

My own view on the subject is basically Capitalism is a wonderfully fun game but the corporates are constantly cheating whiny little bitches who get angry when someone calls them on said cheating. Which is why regulated capitalism is the only model which works and HEAVILY regulated at that. Likewise, with the money taken from taxes used for the benefit of all--ironically, which guarantees healthy economies but which the aforementioned cheating whiny little bitches don't care about because it makes them SLIGHTLY less money personally.
 
I think one of the finer points I have yet to mention is the differentiating the different types of 'rich'.

Folks like Bill Gates, Steve Jobs, and folks like Elon Musk may abuse the law but at the same time, they provide a calculable benefit to society.

My big issue is with people who essentially make money while providing no real benefit to the economy or people.

An example:

Let us say I have a couple of million or billion dollars. This money I could have gained myself or through partnerships. I then go and decide to initiate a hostile take over of a company, let us use Microsoft as an example. The problem is, I do not really want to take over Microsoft, I only want to buy stock and then bait the majority shareholders to raise the price in a buyback bid to remain in control. This way I bleed the company of millions and get fat rich while essentially providing absolutely fucking nothing useful to the economy, people or government.
 
The hypocrisy of the system is easy to summarize.

Corporates in America shout "The Invisible Hand" and to be left alone when it is talking about regulation of them for the protection of the citizenry, environment, or to make them pay for the privileges they get like corporate citizenship (which is bullshit) and special breaks from the government like special trade deals or contracts or the government simply allowing them to operate on US soil.

Whenever the market turns against them or labor starts rising up (which should be the nature of the Invisible Hand at work as labor rising up is part of the Invisible Hand making an equilibrium with the owners), they bitch and moan as well as force the government to protect them.

My own view on the subject is basically Capitalism is a wonderfully fun game but the corporates are constantly cheating whiny little bitches who get angry when someone calls them on said cheating. Which is why regulated capitalism is the only model which works and HEAVILY regulated at that. Likewise, with the money taken from taxes used for the benefit of all--ironically, which guarantees healthy economies but which the aforementioned cheating whiny little bitches don't care about because it makes them SLIGHTLY less money personally.

Somewhat related, but:

Businessman Peter Schiff felt that the banks should not have been bailed out by the Government. Are we in a situation where one side is reliant on the other, and without the other everything is fucked?

I'm curious but what would have been the result if the banks hadn't been bailed out? What happened in 2008-2009 wasn't really the free market (what capitalism instills) taking effect. Had the free market dictated the terms, the banks would have been left to wallow and fail.
 
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Businessman Peter Schiff felt that the banks should not have been bailed out by the Government. Are we in a situation where one side is reliant on the other, and without the other everything is fucked?

I'm curious but what would have been the result if the banks hadn't been bailed out?

Terry Pratchett said it best, unfortunately, in Going Postal. "When banks fail, it's rarely the bankers who starve."

Mass failure of banks across the United States and the companies involved would have resulted in even more people losing their homes and savings along with tens of thousands of jobs. Like Enron's failure, the people who actually made the decisions were all set up to survive the disaster sweet and pretty--albeit at a less ostentatious level than they were living before, while the people underneath them would be looted like a grocery store of toilet paper after a hurricane.

I don't mind the banking bailout, I mind the fact that as soon as it happened, people went right back to saying it was caused by too much regulation. Investigations, penalties, and new laws should have been the follow up as well as criminal charges for such abuses as continuing to charge people for sold mortgages. Instead? Business as usual.

Bulllllllll shit.

On a more serious note, "market correction" is something which is a common deregulation talking point but market correction in action is businesses failing, mass unemployment, and broken lives
 
Terry Pratchett said it best, unfortunately, in Going Postal. "When banks fail, it's rarely the bankers who starve."

Mass failure of banks across the United States and the companies involved would have resulted in even more people losing their homes and savings along with tens of thousands of jobs. Like Enron's failure, the people who actually made the decisions were all set up to survive the disaster sweet and pretty--albeit at a less ostentatious level than they were living before, while the people underneath them would be looted like a grocery store of toilet paper after a hurricane.

I don't mind the banking bailout, I mind the fact that as soon as it happened, people went right back to saying it was caused by too much regulation. Investigations, penalties, and new laws should have been the follow up as well as criminal charges for such abuses as continuing to charge people for sold mortgages. Instead? Business as usual.

Bulllllllll shit.

On a more serious note, "market correction" is something which is a common deregulation talking point but market correction in action is businesses failing, mass unemployment, and broken lives

I don't think expanded regulation is really the answer, though. Expansion of government tends to lead to more facets of government that can be manipulated and bribed via lobbying. Part of what Schiff's point is, is that heavy government is exactly why there's so much pressure on lobbyists to grease palms and open locked doors.

What we need is a break up of banks that are "too big to fail."

The government has done this before with the Bell System.

I think perhaps we're letting some of the more notorious businesses (the ones that flaunt wealth and lobby like no tomorrow) characterize the more honest businesses that truly can't afford to compete in an atmosphere where regulations and taxes are milking them dry.
 
Well, you could always look at how it started, and for that you can go back to Clinton (her Husband I mean) as he started to deregulate Wall-Street and the Banks, opening the global market for finances and very questionable investements - see housing bubble. The tragedy is, that it could have been prevented, it's not like no one saw it coming at that point, I mean there is a reason why it's called a 'bubble'.

Many of the regulations have been put in place because someone wanted to do something so that a crash like in the 1920s could be avoided. But what ever if you're for or against Wall-Street, there can be no question though, the financial market is way to large, and it needs a hell of a lot of intelligent regulations. Like taxes on transactions, more involvement of investors, and seriously they have to cut down on the speed of transactions ... have you ever seen at what speed those transactions happen today? It's insane. Even if you tried you couldn't regulate that. And I really ask my self, if such high speed transactions are actually needed.

Somewhat related, but:

Businessman Peter Schiff felt that the banks should not have been bailed out by the Government. Are we in a situation where one side is reliant on the other, and without the other everything is fucked?

I'm curious but what would have been the result if the banks hadn't been bailed out? What happened in 2008-2009 wasn't really the free market (what capitalism instills) taking effect. Had the free market dictated the terms, the banks would have been left to wallow and fail.
That's why I said it is a nanny state for the rich. The people that got 'bailed out' havn't been the normal guy on the street with his meager loan or credit, but people with huge and large interests, the gamblers and shareholders.

I am pretty sure, if someone was serious about it they could have said, ok let the banks go down, but we will make sure every citizen won't loose his money. But the average Joe has no lobby, so the banks got bailed out. With tax payer money.

Neo Liberalism, capitalism and free markets, seems all that only counts for the small guy.
 
I must agree that, even though I am more on the GOP side, legislation like Glass-Steagal should never have been obsolete with GLBA. I really couldn't believe how some of my fellow conservatives could worry about over-regulation yet take an Ayn Rand approach to capitalism. Any extreme is bad and the key is to maintain a fine balance.

To be fair, the housing bubble was not only caused by greed but Joe Plebe is also a significant factor here. I mean SERIOUSLY, you make 30-40K a year and think you can own a 300K home??
 
I don't think expanded regulation is really the answer, though. Expansion of government tends to lead to more facets of government that can be manipulated and bribed via lobbying. Part of what Schiff's point is, is that heavy government is exactly why there's so much pressure on lobbyists to grease palms and open locked doors.

What we need is a break up of banks that are "too big to fail."

The government has done this before with the Bell System.

I think perhaps we're letting some of the more notorious businesses (the ones that flaunt wealth and lobby like no tomorrow) characterize the more honest businesses that truly can't afford to compete in an atmosphere where regulations and taxes are milking them dry.

I've mentioned I'm generally in favor of large but shallow government as a way of weakening government. A lot of people argue big government is the problem but "small" government has its own problems as it results in agencies which are extremely broad in their powers and voids in the private sector which fill up the power vacuum. I've mentioned I come from the left wing market anarchist school of thought which basically says if you remove all laws from a region then a private body will take up the slack and become a tyrant.

Breaking up the banks into smaller and more manageable groups certainly would weaken them but the American globalist economy has become so intertwined that it's difficult to really imagine how we can actually cut those elements to pieces now as everything is now owned by everything else.

I tend to favor the more checks and balances view which that when one area is bribed via lobbying, others will step in but yes, we do live in an age where the megacorps are able to simply lobby both. Human greed is a difficult factor to manage.

I must agree that, even though I am more on the GOP side, legislation like Glass-Steagal should never have been obsolete with GLBA. I really couldn't believe how some of my fellow conservatives could worry about over-regulation yet take an Ayn Rand approach to capitalism. Any extreme is bad and the key is to maintain a fine balance.

To be fair, the housing bubble was not only caused by greed but Joe Plebe is also a significant factor here. I mean SERIOUSLY, you make 30-40K a year and think you can own a 300K home??

Housing speculation is something which has been a major issue of the market for some time and the market really was predatory for them. You get people who can't afford expensive houses to buy houses they can't afford at hefty loans, get them to mortgage the shit out of them, and then eventually take the house before reselling it. You then get those poor assholes having given you a large portion of their life savings in the process.

That's in addition to artificially inflating the value of homes which has been a major issue in America for some time now. Banks doing their best to keep the market prices high on their property even though many times it should be far deflated by demand. Price fixing is actually something I normally think of as a fairly low crime in terms of market manipulation but, here, is extra despicable because the banks can very easily control the costs of real estate in areas and the price is paid by the consumers they're trying to bilk.

But even I, socialist anarchist that I am, know Americans are horrible at debt management.
 
Well, housing is completely messed up in the California Bay Area due to the crash. People are shelling out 1.5 to 2 million for modest sized homes (2-3 beds at most) and just sitting on them. My buddy's neighborhood has around 6 of these homes that are just totally empty, not for sale. Banks are more hesitant than they were before to give out loans, and we're basically dealing with foreign markets buying up property in cash.

If the government were actually concerned they'd focus on restricting the housing market to citizens first and foremost. It would effectively kill off Chinese millionaires from stowing their money in U.S. real estate.
 
Well, housing is completely messed up in the California Bay Area due to the crash. People are shelling out 1.5 to 2 million for modest sized homes (2-3 beds at most) and just sitting on them. My buddy's neighborhood has around 6 of these homes that are just totally empty, not for sale. Banks are more hesitant than they were before to give out loans, and we're basically dealing with foreign markets buying up property in cash.

If the government were actually concerned they'd focus on restricting the housing market to citizens first and foremost. It would effectively kill off Chinese millionaires from stowing their money in U.S. real estate.

Oh yes, the housing market is shit now. I paid 150,000 dollars for a house in Ashland, Ky that's cramped and tiny and will have to pay through the nose unless I move to a house owned by a relative. My advice to friends has been, "look through the obituaries."
 
Well, housing is completely messed up in the California Bay Area due to the crash. People are shelling out 1.5 to 2 million for modest sized homes (2-3 beds at most) and just sitting on them. My buddy's neighborhood has around 6 of these homes that are just totally empty, not for sale. Banks are more hesitant than they were before to give out loans, and we're basically dealing with foreign markets buying up property in cash.

If the government were actually concerned they'd focus on restricting the housing market to citizens first and foremost. It would effectively kill off Chinese millionaires from stowing their money in U.S. real estate.

Sounds like what happened in Vancouver, they added a 15% tax to foreign owners buying property.
 
No it isn't because we're not talking about communism, we are talking about UBI, can we please please please stop talking about communism finally? Unless you have some real reason to belive why UBI could lead to it. Communism is a philsophy, UBI a policy. Two very different things.
Did you actually bother reading what I said? It was an example of the type of people who use this rhetoric and "CAPITALISM" was there too? So why are you acting like I told you UBI was communism? I stated (in a previous post) that it could lead there, but not necessarily.

Or are you also one of those people that screamed Communism when Obama introduced his Affordable Healthcare Act a couple of years ago?
Could you please stop constantly referring to the USA and stop insulting my intelligence? It's utterly irrelevant to the discussion.

I didn't denny anything, I just said that it is an interesting concept to test, and money is the least of the issues that should hold it back when you consider how much is spend on all sorts of stuff. For the case you're wondering how it could be financed.
The least of the issues? No, it is a core issue of the system, since money needs to come from somewhere AND the value of said money must be protected from inflation. This is the fundamental issue which you're utterly ignoring.

Bill Gates (imagine that!) proposed a tax on robots/automatisation for example. That could help to finance it.
What's next Warren Buffet? Newsflash: rich people which will never in their life have any type of financial issue ever again are not really the best people to look at for advice on monetary policy. They are the least impacted by anything you say.

One advantage of the UBI is the fact that it removes a lot of bureaucracy, take Germany for example which has many different systems in place, for students, to jobless, single parents, etc. One income for everyone, would mean much less paper work and it would save some money here.
Yes, it can remove a lot of inefficiency, and destroy a lot of government jobs.
But that's nowhere near enough to pay everyone ~1500 euros a month untaxed.

It would probably demand a higher tax on rich and super rich people, but that's not going to give me sleepless nights.
Which are also the people with enough mobility to get the fuck out if you try to fuck them over like that.
Which brings us back to the necessity for a worldwide system with totalitarian power, as I've been saying over & over again.

But the question isn't if we can finance it or not, becuse we can when you consider how much money is generated by the financial market, like Wall Street for example, the question is do we want it? There is still not enough discussion about it.
Our banking (commercial and central) and investment system is a severely diseased abomination.

What you see as opression though is also known as 'regulations', at least if were talking about companies, and in many cases they make sense, like work safety, social security, environmental protections etc.
I'm not adverse to some regulation, but it's how you go about it that matters.
My country has an endless number of uncomprehensible laws, which is to be expected if you know that 75+% of our politicians are lawyers. Raising complexity is good for both themselves and the companies which they often represent (and get draft legislation from).

My point of view on regulation is a practical one. Say you want to legislate proper protective equipment for motorcyclists to protect people and to prevent undue costs on social security and health care due to accidents. You could say that everyone needs a EC rated helmet, long protective pants, ankle high boots, motorcycle gloves, and motorcycle jacket.
Or you could say that everyone must adhere to a minimum of protection for their eyes (since debris or insect in the eyes is likely to cause an accident) and that all the rest is free to chose for the cyclist IF his insurance is rated to pick up the bill in case of an accident.

If someone wants to ride around in a t-shit and sandals, that's fine by me, but he should not become a burden on society if he does crash. I would never ride without proper protective equipment, but I do not feel the need to force other people to ride to the same standard as I do. People should have freedom of choice, within reason.

This is a very different way to reason, and highly uncommon in legislative circles, sadly.

Again ask your self, who's going to be regulated here? Is it the average Joe working for 7$ per hour in Wall-Mart? Or is it a huge and large company like Apple, Google and other tech-companies that generate BILLIONS(!) of dollars while employing very few people, and we're not even really talking about regulations but simply taxations.
Do you not see the power you need to give the government to make this viable? And how that power could be so easily turned against the people?

As long as it hasn't been implemented on a national level, it will be hard to know what changes in prices could happen from it. But I doubt it would change THAT much, landlords and company owners have still to make a living as well and they want to make a profit, charging ALL of the people more than what they can afford, is going to hurt them as well. The Market like the housing market, might as well reach some equilibrium here where some areas will be priced to high, while others to low. I am not an economist and I can't say with a certainty what could happen. But it simply doesn't make sense as a landlord to demand more than what everyone has to offer.
But that's the thing, it's a simple law of supply and demand. Inflation would happen until what you buy now, is about as affordable with UBI. But since UBI injects ~1500 euros into everyone's wallets, prices will rising accordingly. So to prevent this, you need strict regulation and price fixing. This is simple economics.

Indida did a test that was similar to UBI once with positive results.
And it was an extremely flawed test as explained above previously?

The US would probably have to deal with more regulations, UBI would be easier for states like Germany, Sweden, France etc. since we already do have many regulations and a relatively high taxation - compared to the United States.
That would be a wrong assumption. Taxation in euroland is mostly focused on taxing people. UBI requires taxation to be levied hardest on companies, or your UBI would be worthless from the start. Giving money to the people you take money from would be rather silly.
As a result, your entire economic landscape would change.

Look who's talking, Suaside the super-economy-scientist ;).
It doesn't take a scientist to see how flawed the test have been so far.
And yes, I did have some university level economic education. (which is kinda worthless for the most part since economics are far from an exact science and 99% of the economic "laws" which are taught do not work. at all.)

I am at least willing to DO and run some tests. Maybe we would have to produce 1 or 2 tanks less per year, but oh the horror!
And here we go again. Flawed tests and false equivalence.
No, a few tanks have nothing to do with your UBI budget. If you feel bad about spending some money on defense, you should leave NATO. Since you're a member, you have agreed to invest a given amount of money into defense. And your country (like mine btw) has been failing to meet the agreed upon level of funding for decades.

Si vis pacem, para bellum.
If you don't, you'll eventually get eaten by someone who did prepare. Happy thoughts are not enough to keep the enemy at bay. You can argue about how much is enough, but there is no way to know ahead of time.

The thing is, we will never know it if we don't do it and see what happens. We are not even talking about the implementation right now, just that we need some data that economists and other scientists can work with.
But all that damn data would be worthless? UBI needs to be a self-sustaining closed system and none of the test protocols either carried out or proposed come even close to that?
 
Did you actually bother reading what I said? It was an example of the type of people who use this rhetoric and "CAPITALISM" was there too? So why are you acting like I told you UBI was communism? I stated (in a previous post) that it could lead there, but not necessarily.
Except that there is absolutely zero basis for that statement, saying that UBI could lead to communism is simply a ridiculous statement.

Could you please stop constantly referring to the USA and stop insulting my intelligence? It's utterly irrelevant to the discussion.

Well, I am sorry but you 'seem' to think a lot like an american in my opinion, I didn't mean this as an insult! You just come of as a very libertarian type of guy, which isn't uncommon with weapon owerns, as far as I can tell.

The least of the issues? No, it is a core issue of the system, since money needs to come from somewhere AND the value of said money must be protected from inflation. This is the fundamental issue which you're utterly ignoring.
Considering how much money our governemnts spend on garbage and how much money the population spend on garbage, I would say no, no it really isn't. Maybe a few people would have to finally pay their fair share to the society, like the rich and super rich, but hey I am not going to cry a river about that. If you had to pay 70% tax on 1 milion of earned euros, you would still have a fuck ton of money left for your live.
Look at the elephant graph, this isn't some vodoo magic, it's down hard economic science. Global profits are growing, while the middle classes are shrinking.

What's next Warren Buffet? Newsflash: rich people which will never in their life have any type of financial issue ever again are not really the best people to look at for advice on monetary policy. They are the least impacted by anything you say.
Remember again who Bill Gates is. But he is by far not the only one. The guy who co-founded Amazon is also saying that the clock is ticking for the rich and if they actually want to avoid people storming their houses at some point, they should wake up and do something about it. Growing inequality with automatition will be one of the big chalanges of OUR generation. 20-30 years is still in our life time you know.

Yes, it can remove a lot of inefficiency, and destroy a lot of government jobs.
But that's nowhere near enough to pay everyone ~1500 euros a month untaxed.
No it isn't, but it's a start I would say.

Which are also the people with enough mobility to get the fuck out if you try to fuck them over like that.
Which brings us back to the necessity for a worldwide system with totalitarian power, as I've been saying over & over again.
Yeah, because they all will move from Florida to China or India. I can see it already now. Look at places that have the highest taxation, like Swiss or Sweden, all those 'poor' rich, and how desperately they try to flee those nations.

If someone wants to ride around in a t-shit and sandals, that's fine by me, but he should not become a burden on society if he does crash. I would never ride without proper protective equipment, but I do not feel the need to force other people to ride to the same standard as I do. People should have freedom of choice, within reason.
Yeeeaeh ... but we're not talking about individual rights, I am talking about corpirations and profits. The financial market is generation billions of dollars, and a lot of it isn't going back in to the society. They are not paying their fare share to say it that way.
I am with you, when it comes to individuals.

Do you not see the power you need to give the government to make this viable? And how that power could be so easily turned against the people?
In many cases the government HAS this kind of power, at least in Germany, Sweden, Swiss, Netherlands, well most of the European nations that followa more social democratic approach. Besides, almost ANY kind of law can be turned against the people. But I don't see how the UBI could be turned against the people, like you or me.

But that's the thing, it's a simple law of supply and demand. Inflation would happen until what you buy now, is about as affordable with UBI. But since UBI injects ~1500 euros into everyone's wallets, prices will rising accordingly. So to prevent this, you need strict regulation and price fixing. This is simple economics.
You forget one very important point here. Everyone would receive the UBI. From land owners, to buisness owners and normal citiezens. People renting aparments,housese etc. would receive it as well, why raise the rent by 1500 if you already get 1500. Some prices would change, no doubts about that, but some goods would become more expensive, while others would become less expensive. Simple economcs as you say, supply and demand, raise the prices to much and demand drops, lower the prices and demand will grow.
I am not claiming that ALL questions can be answered with UBI, but a possible 'horor scenario' is just as viable like one where things will be 'ok'.

And it was an extremely flawed test as explained above previously?
What they did in India was to give every poor person in a community 4 $ every month for some years - which is a lot for India - to see what would happen. The result was a growing education, improvement in health and quality of living. The test is in so far interesting, as UBI could be a way to combat poverty and improving the lives of millions of people. But, like I said, there has to be more and better testing.

That would be a wrong assumption. Taxation in euroland is mostly focused on taxing people. UBI requires taxation to be levied hardest on companies, or your UBI would be worthless from the start. Giving money to the people you take money from would be rather silly.
As a result, your entire economic landscape would change.
Yes, most probably it would have to be changed, but we have to do that anyway considering that more or less 50% of the jobs will dissapear, what ever if we get UBI or not. So our economy and the way how we define 'work' will change either way.

It doesn't take a scientist to see how flawed the test have been so far.
And yes, I did have some university level economic education. (which is kinda worthless for the most part since economics are far from an exact science and 99% of the economic "laws" which are taught do not work. at all.)
At some point someone must had the idea to implement the economies and policies we have now. Like the pensions in Germany which have worked for the last 70 years since WW2. I would not dismiss everything just like that. There are some smart experts out there and they know what they are doing. Yes, economy is a highly complex field, and reality is often different than what we expect, but saying that 'all' laws do not work? That's a pretty bolt statement. I had also economy classes in my education, not on a universty level granted, but it wasn't that far from it.

Anyway, we can talk about UBI till kingdom come and my intention isn't to change your opinion on the matter. But I fear we WILL be facing at some point a situation where we HAVE to implement some kind of policy to make sure that 50% of the workers can somehow survive without a job.

And I would be curious to hear from you what kind of policy you would propose if UBI is not a viable idea for you. What should the government/society do in 20+ years with 40% unemployment?
 
Imagine yourself to be apartment block owner and ask again.
I think that's a bit of a silly argument, as you have already bad apples under retailers and landlords now. Would some people be real assholes and increase their prices? I am Sure. But how is that different from what we have right now?
But tell me, if you would be a block owner, why would you put your levelihood in jeopardy by demanding from people more than what they can pay? How likely is it really that MASSES of landlords would incrase their prices by no clue 200%? Do we see block owners doing that already now in masses?

Also here again:
And I would be curious to hear from you what kind of policy you would propose if UBI is not a viable idea for you. What should the government/society do in 20+ years with 40% unemployment?
 
I think that's a bit of a silly argument, as you have already bad apples under retailers and landlords now. Would some people be real assholes and increase their prices? I am Sure. But how is that different from what we have right now?
But tell me, if you would be a block owner, why would you put your levelihood in jeopardy by demanding from people more than what they can pay? How likely is it really that MASSES of landlords would incrase their prices by no clue 200%? Do we see block owners doing that already now in masses?

Also here again:
And I would be curious to hear from you what kind of policy you would propose if UBI is not a viable idea for you. What should the government/society do in 20+ years with 40% unemployment?

It is built on the conspiracy fallacy as it implies there would be people who wouldn't want to rent apartments to people who can afford them. Yes, there will be an increase in price but that comes from the fact inflation will occur no matter what and the extra income will probably be akin to the raising of the minimum wage in there is a mild increase in price but mostly an increase in BLS.

Basically, people having money to spend will increase prices but mostly they will have more money to spend period.
 
Well, you could look at it from a different angle.
Let us say someone is earning 1100 $ per month, and he's paying like 700 $ for his apartment. Now he receives the UBI. What could 'hypothetically' happen? Let us say he decides now to only work part time, or to quit his second job, this would cut his loan in half, but with 1000 $ UBI, that would still be 1550 $, his Landlord, who's also receiving 1000$ now decides to raise his rent by like 50% (for what ever reason), even with a rent of 1050 $ the rent payer would STILL have more money than before AND it is even possible that his boss would have to hire a second guy because he decided to work only part time. So in the short term it might even create jobs. Besides, I am not sure how things work exactly in the US and other places, but in Germany we have something that is called a 'contract' and people usually write in their contract that a rent shouldn't be riased by more than 5 or 10% per year or something - simply to avoid this kind of hike in prices. AND on top of that we already have a rent index in many parts of Germany, and land owners that demand more than the rent index can get in serious trouble. People can't just double or even triple prices, at least here, beacuse we have unions and associations for pretty much every shit, and most of the time that's a good thing.

This is extremly hypothetical, but I think it shows that not everything has to be doom and gloom. Besides, here again:
And I would be curious to hear what kind of policy someone would propose if UBI is not a viable idea for them. What should the government/society do in 20+ years with 40% unemployment?
 
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