this post was submitted on 16 Jul 2024
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[โ€“] Serinus@lemmy.world 1 points 1 month ago (1 children)

UBI plus removing the minimum wage

There are more ways for this to go wrong than right.

[โ€“] theneverfox@pawb.social 2 points 1 month ago

It's not as simple as "cut a check and you're done" - this is assuming the UBI is enough for basic needs, and by that I mean decent housing, utilities (including Internet), healthy food, etc

Obviously, if you give everyone money tomorrow, companies would just squeeze everyone harder. Housing especially - done wrong it could just all go into the pockets of landlords

But I think it's a self reinforcing structure and a solid goal. If we limited the commodisation of housing and continued pushing the FTC in the current direction until it's regularly breaking up tech and financial giants who go too far, I think in a couple decades the playing field would have shifted enough that we wouldn't instantly backslide

I don't think it's the best end goal or ideal method to get there, but it seems like the most achievable one. It plays into the myths of capitalism, it still allows for obscene wealth, and it keeps the game going (hopefully) meaning it's a feasible step without tearing everything down and attempting to build a new system all at once