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Cake day: July 5th, 2023

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  • A_Random_Idiot@lemmy.worldtoAsk Lemmy@lemmy.worldAre you in support of UBI?
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    17 days ago

    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?

    Kinda defeat the purpose, because a UBI is supposed to support a decent, respectable livelihood. So the higher their prices are, the more taxes they’ll have to pay, to support a higher UBI. You cant have UBI without capitalism, because capitalism creates the conditions where a UBI is necessary.

    and yes, I do. Companies are moving towards full automation, all the more possible with the advent of AI… and they are doing that explicitly to fire human employees to save costs. There will soon be a time where there wont be enough jobs for people, Which will be a fork in the road of incredible civil unrest, violence, and possible war… or a UBI so people can live with dignity, freed from the labors of capitalism by automation.