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Are you in support of UBI? (lemmy.world)

submitted 23 hours ago by Zeon@lemmy.world to c/asklemmy@lemmy.world

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Hello, I'm not that informed about UBI, but here is my arguement:

Everyone gets some sort of income, but wouldn't companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?

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[-] jagungal@lemmy.world 4 points 4 hours ago

I heard an idea once about making minimum wage 0$ and giving everyone a liveabke UBI. That would mean that nobody is required to participate in the workforce, meaning that employers who can't afford to pay their workers a good wage would be priced out of the market rather than being able to prey upon peoples need for, y'know, money (which can be exchanged for goods and services). A very appealing idea for a 16 year old boy, and the only issue I see with it now is extreme specialisation in the workforce leading to less competition between different workplaces for similar jobs.

this post was submitted on 11 Dec 2024

233 points (97.2% liked)

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