EL APACHE TEVEZ
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Hasta La vista Baby ; )
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Universal basic income
- Thread starter stonerblue
- Start date
Hard to wrap your head around it on the face of things, but the reason there's more and more conversation around it is that the places that have tried it have seen positive results.
Think the latest trial in Finland found the people who were put on UBI ended up taking on more paid employment than the ones who didn't.
It also saves on a lot of the costs involved of administrating a means tested system.
There are health and wellbeing benefits that save the public money in the long term and they also found that people used it as an opportunity to take on a job with fewer hours and then use spare time to do volunteering and care work (which again saves the govenrnment money). Believe it or not, the vast majority don't want to sit around on their arse all day. Laziness is not the main reason why a lot of people remain long term unemployed
Even if you were to provide a comprehensive cost/benefit analysis on it that found it's worth doing, some people will remain ideologically opposed to the idea.
It sounds bold but maybe the next few years, with so much rebuilding to be done, will require us to be bold. We're going to hit rock bottom in the wake of all this and we won't have much to lose if we were to try and become a world leader in rebuilding a greener economy. Ideas like UBI will have to come into play.
Think the latest trial in Finland found the people who were put on UBI ended up taking on more paid employment than the ones who didn't.
It also saves on a lot of the costs involved of administrating a means tested system.
There are health and wellbeing benefits that save the public money in the long term and they also found that people used it as an opportunity to take on a job with fewer hours and then use spare time to do volunteering and care work (which again saves the govenrnment money). Believe it or not, the vast majority don't want to sit around on their arse all day. Laziness is not the main reason why a lot of people remain long term unemployed
Even if you were to provide a comprehensive cost/benefit analysis on it that found it's worth doing, some people will remain ideologically opposed to the idea.
It sounds bold but maybe the next few years, with so much rebuilding to be done, will require us to be bold. We're going to hit rock bottom in the wake of all this and we won't have much to lose if we were to try and become a world leader in rebuilding a greener economy. Ideas like UBI will have to come into play.
stonerblue
Well-Known Member
Bang on. Conservative estimates predict a 50% rise in unemployment due to AI. American truck drivers are worried already.Robots and AI will replace most peoples jobs in the next twenty years, so we will need to spread that wealth to humans, other wise we will have a world revolution against the corporate world.
stonerblue
Well-Known Member
Wouldn't need nurseries that much.I think something needs to be done, particularly for the recently unemployed similar to what they do in Germany, Luxembourg etc
If you have a 30k job, mortgage, kid in nursery and car on the drive but lose your job with our system you are fucked. £90 a fortnight, car has to go back and the nursery fees can no longer be afforded - if that same person received 75% of salary for say 4 months that would give them the security to pay the mortgage, money for the nursery and allow them time to look for jobs and drive to interviews
That’s got to be better than going on UC?
stonerblue
Well-Known Member
nailed it.Hard to wrap your head around it on the face of things, but the reason there's more and more conversation around it is that the places that have tried it have seen positive results.
Think the latest trial in Finland found the people who were put on UBI ended up taking on more paid employment than the ones who didn't.
It also saves on a lot of the costs involved of administrating a means tested system.
There are health and wellbeing benefits that save the public money in the long term and they also found that people used it as an opportunity to take on a job with fewer hours and then use spare time to do volunteering and care work (which again saves the govenrnment money). Believe it or not, the vast majority don't want to sit around on their arse all day. Laziness is not the main reason why a lot of people remain long term unemployed
Even if you were to provide a comprehensive cost/benefit analysis on it that found it's worth doing, some people will remain ideologically opposed to the idea.
It sounds bold but maybe the next few years, with so much rebuilding to be done, will require us to be bold. We're going to hit rock bottom in the wake of all this and we won't have much to lose if we were to try and become a world leader in rebuilding a greener economy. Ideas like UBI will have to come into play.
stonerblue
Well-Known Member
Also hard to parody a good idea.Christ it’s hard to parody a “free money for everyone” thread especially when the furlough scheme is pretty much universal I come for those that need it anyway, and with universal credit increased at the same time.
SWP's back
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- 29 Jun 2009
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- 88,226
Yeah great idea in Narnia. Not so much the real world of 2020 but that won’t bother you much as you wouldn’t have to come up with a workable solution.Also hard to parody a good idea.
Saying “free money would be good” is hardly realistic is it.
stonerblue
Well-Known Member
Was hoping you would work out the difference between what the uk currently spends in total, including admin, and what a ubi of say £400 a week per adult would cost. Not only in direct financial terms but also any monetary 'knock on' changesNo, just about 20x the level of borrowing.
/economics.
SWP's back
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£400 x 52 weeks = £20,800 p.a.Was hoping you would work out the difference between what the uk currently spends in total, including admin, and what a ubi of say £400 a week per adult would cost. Not only in direct financial terms but also any monetary 'knock on' changes
£20,800 p.a. x 52m adults in the UK = £1,081,600,000,000 (£1.1 trillion) (i.e. 10x the £100bn the UK spends in total at present on welfare) and well over 1/3rd of the UK's total Gross National Product
Scottyboi
Well-Known Member
I'd prefer a big push for lots of social housing to be built with no option to buy, will help keep builders in jobs after all this and reduces a lot of families bills with the reduced rent compared to private.