this post was submitted on 05 Oct 2023
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UBI is kind of cool but it has some massive flaws. For example: Landlords and groceries can just raise prices to bring the cost of living up and since there are no rent/price controls (because "that would be communism") we'll be right back to where we started. What you want is Universal Basic Services. Anything you need to live is free. Literally impossible for anyone to game that system and equally impossible for people to slip through the gaps, but it's also never going to happen because "that would be communism"
So yeah this is why capitalism has go to, because any attempt at actually making a just and fair society will be dismissed as "being communism"
Sigh. People make this braindead argument every single time this subject comes up. No they can't. Markets do not work that way. It's literally just a repackaged argument against minimum wage and it has been thoroughly debunked in that context.
So you want to tell me that companies aren't buying out competition and with a monopoly they then rise prises as they want?
Explain to me how markets work if the only company selling or renting houses is not lowering their price when demand lowers? Or when they intentionally are not renting flats in order to keep demand high?
We should get rid of landlords either way of course. Don't even need UBI for that. Also get rid of billionaires.