• shrugal@lemm.ee
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    1 year ago

    UBI and copyright are not mutually exclusive. Why wouldn’t artists want to earn more on top for the work they do and the value they create, like every other profession?!

  • MedicsOfAnarchy@lemmy.world
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    1 year ago

    Give artists a basic universal income, and I guarantee every single person on earth will suddenly discover their “inner Picasso” to qualify.

    • DarkMetatron@feddit.de
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      1 year ago

      The biggest issue with UBI is that it will never work, the math just doesn’t add up.

      1. Where does the money come from? The government only really has one source of money and that is taxes, so to pay UBI it would either need to raise taxes or massive cut on other expanses.
      2. Should a solution be found for 1) and everyone (universal means that everyone will automatically qualify for it, no questions asked) will be paid UBI then the prices for housing, food and all the other basic things will skyrocket because a) of the higher demand and b) because of the higher amount of money in circulation creating inflation.
      3. The higher prices will mean that the amount of UBI money must be raised, which means we are back at 1)
      • HerbalGamer@lemm.ee
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        1 year ago

        Where does the money come from? The government only really has one source of money and that is taxes, so to pay UBI it would either need to raise taxes or massive cut on other expanses.

        How’s that National Debt looking?

        • DarkMetatron@feddit.de
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          1 year ago

          Debt is not a reliable money source, in the long run it is a huge money sink with payments and interests. So yes, the only money source for governments are taxes.

        • DarkMetatron@feddit.de
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          1 year ago

          Taxes on pollution, carbon emissions etc. would raise the costs of living and would therefore mean that the UBI would need to be higher to accommodate for the higher costs. Which means that a huge part of these taxes would be payed in proxy by the government. Rendering it useless as a method to fund the UBI.

          The costs for a UBI are just so enormous, and all on the shoulders of the working class, because those are the majority of tax payers.

          If you have a million people, old, young, in between, and a working rate of 60% (because the other 40% are too old or too young or can’t/doesn’ t want to work) and pay everyone 1000$ as UBI. That would mean that a billion dollars has to be payed by 600.000 people, so every working citizen has to pay 1667$ to receive 1000$ in return. This means that working people don’t get a UBI because they have to pay more then they get.

          And those 1667$ taxes would only be for the UBI, meaning that the taxes would be much higher to pay for all the other costs that the state has.

          • realitista@lemm.ee
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            1 year ago

            This is a vast oversimplification. A UBI could replace a vast amount of existing welfare programs in a much more efficient way which would have a fraction of the overhead. There are tons of other proposals to fund a UBI such as a negative interest rate. Likely there would be many sources of funding, including money which now goes to existing wasteful welfare spending.

            • DarkMetatron@feddit.de
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              1 year ago

              Ok, negativ interest rate sounds interesting and maybe doable. It is something I have to read more about, I see a few issues but have not enough information yet.

      • irmoz@reddthat.com
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        1 year ago

        Tax doesn’t finance spending. That national debt is owed to no one. Money is created out of thin air, my friend, and always has been since fiat money was introduced. When the government spends, they just adjust the number on their account; they’ve come right out and admitted this.

        “We can’t afford that” is a lie. They can afford absolutely anything, because they own the money, and they own the debt in that money - it’s a constructed fiction.

        • DarkMetatron@feddit.de
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          1 year ago

          Printing large amounts of money out of thin air is a great way to turn a valuable currency into worthless Monopoly® money via inflation. That is basic economics. There are lots of examples for that in history.

          • irmoz@reddthat.com
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            1 year ago

            Inflation is not a guarantee, that depends on the actual economy. Japan is massively in deficit and yet is seeing deflation.

            • DarkMetatron@feddit.de
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              1 year ago

              Beeing deficit doesn’t have to mean that they print money, they can be deficit by taking higher and higher loans. Which comes with it’s own problems.

                • DarkMetatron@feddit.de
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                  1 year ago

                  Yes, but I did in the text that you answered too. By the law of inference your answer was about printing money too, because my whole text was about that printing money out of thin air will create inflation.