What If... We gave everyone free money with UBI? | What If
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- เผยแพร่เมื่อ 31 มี.ค. 2020
- What is Universal Basic Income (UBI) and how could it help us deal with the coronavirus outbreak? What if... we gave people free money?
The idea of a basic income is that everybody would receive a modest amount paid each week or each month without conditions, paid equally to every man and every woman with a smaller amount to pay for every child.
Advocates for Universal Basic such as Guy Standing, co-founder of the Basic Income Earth Network, argue that it would be the ideal response to the crisis, but that it would also bring huge long term benefits, which he explains in this video.
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$500 or $1,000 per month is not going to make people become lazy. It's going to give many people hope and drive to do more. I would fall to my knees in tears if I knew a UBI of even $500 was implemented because it would change my life and give me opportunity to make more moves in life knowing that I have a base to start from. Being poor in a poor neighborhood means you are likely to stay that way no matter how optimistic and good of a person you are. You get stuck just working hard to live there. This situation eventually leads to anxiety and depression and other issues and then you really have no chance of climbing out. This is the reality for many folks out there.
Actually no, with this the NWO will be implemented. Humans will become slaves. In order for you to get your permit, they will want to vaccinate you, or implant a chip. We will have no say in anything anymore.
There is actually a strong case to be made to not stop UBI at $1,000 per month but to boldly try for a UBI that dynamically rises with each nation's productive capacity. If automation completely replaces truck driving successfully, for example, then UBI goes up proportionately to the amount saved.
Furthermore, once we can raise UBI enough so that people DON'T have to work anymore to make a living, then businesses will begin to compete for the employee rather than the employee competing for a job. People will be able to explore what retirement feels like at a young age. Young beginning entrepreneurs will be able to find cheaper or even free help to get more businesses off the ground. And there will be some degree of inoculation from global catastrophes such as this one.
For a long time, we've needed to separate healthcare from your employment. I think the time is ripe to divorce your means of living from employment as well.
There are already millions of people living as 'slaves' in capitalist markets--only they might have paid sick days and/or vacation days with weekends off. I'm all for capitalism, but laws/rules need to be in place to ensure economic status doesn't equivocate to level of freedom from oppression.
I have never say that capitalism is the answer, I am talking about the enslavement. We all will get a card/chip in order to withdraw this money. If you do not want to be vaccinated, or comply with any of their rules, it will be withdrawn from you. There will not be any jobs available for you to make any money, because they will have ALL THE POWER OVER YOU
Stupidity all over the place. When more money is chasing goods, everything will get more expensive, we call it inflation. You know why you are poor? Because you are dumb. You won't be richer because of inflation. If they would give $1.000.000 everyday to everyone, the prices would shoot up. And your milk would cost eg. like $50.000.000. You financial illitarates are so dumb that it hurts my brain.
As a disabled person, my life has been in 'quarantine' for the past 14 years. If UBI was introduced, and more part time work and Work from Home opportunities were created, I could finally be a part of society, feel useful, be social (even if only online), have more self respect. But now with my very little disability income and the impossibilty of holding a 'traditional' job (dress, commute, work at high pace every day), my life is just one grim day after another, with no hope in sight. I don't wish this on anyone, so I hope UBI comes alive one day, sooner the better.
Almost all governments are controlled by corporations and billionaires. There's no way they would ever allow a UBI.
@@numalesoybea1348 Oh they will, those rich guys need the poor folk. But there will be conditions like Comply or no free worthless Fiat currency
It's time to have money to work for us, not the opposite way. Human and technologies have developed to this extent and it should serve us to have people have easier life.
Yanggang.
It's reassuring to see more people enlightened by common sense now that the pandemic is here.
🇺🇸🇺🇸TRUMP 💊2020/2024/2028🇺🇸🇺🇸🎯🎯🎯
Let’s be honest most people won’t be for a universal income because many have a deeply held disdain for people getting money for nothing, especially if those people are perceived to be beneath them in some way.
The UBI movement needs to demonstrate that it's not money for nothing, any more than a dividend from an investment is money for nothing - we are the shareholders of our society, and without us there would be no value of any kind whatsoever.
@Roland Deschain your entitled to your opinions just like anyone else. But what basis do you have for your obvious disdain for others you seem to look down on?who are you to label people as parasites?i saw your page it seems you have strong hatred of some kind. Where does it come from? Do you feel unloved or unlovable ? Not here to judge but possibly help you in some way!
@@JohnDoe-kq3ri Someone who's been paying taxes for your welfare.
@retractedwan It's not that people would become lazy, but the precedent for the economic leverage against wage slavery is the reason why UBI will never happen. The moment you let the idea of workers having right to the shares in capital made with their labour (past or present) you start chipping away the foundations of their ivory towers.
@@isorokudono: The amount of welfare that you are receiving is certainly not proportional to the amount of taxes you are paying! The benefits of welfare that you're getting far exceed the taxes that you are paying! Those benefits that you're getting are from the people who have been paying much higher taxes than you! So stop complaining about others and fix your own problem first! Perhaps you should not even be living in this country!
Andrew Yang 2024 #YangGang
Yang Gang!!!! 🧢
#YangGang
Yang Gang Baby!
We’ve tried living for money - it turned out how it did - now lets try something different - bring it on
I'm guessing you're not aware that the central banking system is behind the UBI agenda?
If you thought money was a problem now (and it definitely is!) - just wait until policies like UBI and global digital currency are implemented. It will be 10,000 times worse.
If the "solution" comes from the very people creating the problem, it's not a solution.
Cliche Guevara Do you have a link to something about the banks behind this agenda because no I haven’t heard of that - genuinely curious :D
@@clicheguevara5282 I'm tired of doing bullsh** made up jobs. We never had to work as much since the Industrial Revolution. So, governments started making jobs up for us to do - just to keep us busy! Even jobs with private companies are made up! Read the works of David Graeber.
@@clicheguevara5282
Well, the problem will be that it is essentially communism/socialism and as such inherently means that the standard of living for nearly all but those who control the system will be greatly diminished. So yes, people would receive their basic income, but that's about it. There won't be much for even modest luxuries. The *poorest* of our society *at present* may not mind, because they *may* actually see an increase in *their* standard of living, but those of us in western nations who have enjoyed a high standard of living, even in poverty, will most likely experience the greatest decline in standard of living.
Wow and another sheep. The conspiracy theorists are the only sane people on earth. We have seen this coming a long time ago. Humankind will be slaves to the NWO, and people like Zuckerberg and his ilk will rule over us
Here is the problem with UBI: Its a good idea. And governments (especially in the US) aren't too keen on good ideas.
Itll all depend on who is controlling the money and their intentions with the UBI..if it use as a means to control us then we will be further in the rabbit hole
@@Cece-cares no vax no money
Please God let us have UBI in 2020.
Send out a bio weapon, get lots of people broke and now we got them. Give up want you love and then we can pay you
@@3089280288 so what happens to the wage you earn now?.does that get stopped & people work the same but for less??..I’m trying to understand what it is??
So what are we waiting for? Just do it already.
@tim walsh The first? AFAIK there's only going to be one check in the mail in the US, not more, at least not any more planned for now.
tim walsh sweetie that’s the stimulus check lol
@Sheldon Cooper Strong work ethic? LOL
conservatives dont like it cause they say people will not want to work but people would want to work knowning they wont go homeless cause they cant pay their bills it would lift people off the streets no more homeless people
I'd wanted to go back to studying for years, but couldn't afford to take a career break to do so.
UBI would've allowed me to return to studying and get a better job that contributes more to the workplace
Instead I had to scrimp and save to get enough to pay for the course fees and afford my upkeep, money I could've used instead to get on the housing market.
robots are producing more and more anyway, without holidays and not prone to virus infection
Where?
@@3089280288 everywhere even before this epidemic, now even more money is pouring in www.google.com/amp/s/www.cnbc.com/amp/2018/10/30/the-worlds-first-humanless-warehouse-is-run-only-by-robots.html
Robots 🤖 can’t get viruses 🤣🤣🤣🤣
The car industry in Germany is all robots. There's utubes showing how Audi factories produce their cars. No humans
Money is made on the spot by banks, money isn't a physical thing anymore 97% of all the money in the world is digital money and is literally created through a computer program
When they say without “conditions,” does that also include not taking a vaccine? I’d like to hear the answer on that.
The only condition is that you're either an American citizen or a permanent resident. However, if you aren't vaccinated then you dont deserve to live in the first world
There are other laws that enforce and should enforce vaccination. Like access to public schools, and many others.
And look out if your social credit score gets too low.
There's no such thing as a free lunch. The sooner people understanding this, the better.
Due to the Coronavirus my dad at first was made redundant then was put on furlough and now today has received his p45 in the post. How can a 65 year old deal with such disrespect is beyond me.
Wow, that makes sense!
I kind of feel like the U.S. government is getting us used to this by sending out stimulus checks. The first and second checks have been sent and apparently they are going to send out a third round of stimulus checks. The checks are being sent to unemployed people and people who are working and making good money. Could this be conditioning us for the UBI?
they should be getting used. they should be working for us and not special interests.
As long as UBI is 100% unconditional, no strings attached of any kind (including vaccinations, heaven forbid) then this vision could become a reality.
LOL
It won’t be unconditional
UBI now. Nothing less will change anything.
Is it a bit like communism ?
@@oakashthorn5714 No, it's capitalism with its other social half.
0:31 Are we just gonna ignore that his name is Guy Standing?
The theory that giving free money will make people lazy has already been proven wrong in my country (Canada). We are basically being given temporary UBI, and I don't know a single person that would not go back tomorrow if given the choice as everyone is bored as hell and work is a way of life, it gives us purpose, meaning, social interaction, the list goes on.
Such a great quote from Prof Guy Standing
1:17“The coronavirus pandemic is making it even more imperative that we introduce a basic income as quickly as possible in every part of the world.
...A hundred years exactly there was the Spanish Flu which was a global pandemic by which over 40 million people across the world lost their lives. But what was extraordinary about that was that there wasn’t an economic crisis immediately afterwards. By contrast the coronavirus pandemic is going to be associated with an incredible economic crisis that spreads across the world. And it’s this combination of the pandemic and the economic crisis that is going to cause many, many more people to die or have lives of misery.
Since globalization began the economic system of the world has become increasingly fragile, fragmented, and dangerously unbalanced. In addition, we have the biggest crisis of all. And that is the ecological crisis, the fear of extinction, the realization that we have to change our growth model, that we have to have more sustainable respect for the environment and the way we live. It will become a legitimate part of our social fabric very quickly. And as it does so I think you will find people having a greater sense of freedom, a greater sense of community, and will want to shift their lifestyles to spending more time doing work that is not labor, doing care work, doing community work, doing voluntary work, doing ecological work, doing the sort of activities that don’t eat up the resources, and eat up the planet and cause extinction, but rather actually help to reproduce our communities, our sense of localism, and our sense of slowing down. And that I think, is a very healthy prospect because then people will feel they’re gaining control of their lives. And in that process I believe new forms of social solidarity, new forms of collective action will spring up. And I think the potential for that is a wonderful liberation, a wonderful return to the values of the enlightenment, the values of community, the values of creativity and leisure, real leisure in the sense of the ancient Greeks, looking after our culture, looking after the values and reproducing the ethics of empathy and compassion.”
~Guy Standing, professor of Development Studies at the School of Oriental and African Studies (SOAS), University of London, and co-founder of the Basic Income Earth Network (BIEN)
Author of “Basic Income and How we can make it happen”
Exactly what the slavers want, and the slaves will eat it up.
Yang Gang forever 🧢 #MATH #AndrewYang #Yang2024 #YangGang
It's true poverty is sad for alot of us who became disabled now cant make ends meet basic needs nessites. It hard to have to ask for help people look at you like your not worthly . Inflation and covid cases we need help ubi I'm 59 year old woman and now disabled only income SSDI 1 check a month it's hard and feel alone . I only get 1.168 a month . 14.000 a year . I would feel so blessed if I ever got a chance to be part of ubi . Thank you .
All governments have to protect the privy purse, taxable income and all funds dispersed are accountable and controlled, there is no such thing as a free lunch, we would have to give up the last of our independence and freedom of speech, after all, they want a return on the investment as I am sure that would require submission, regarding future decisions, else financial sanctions be introduced to those who may become disgruntled or simply want to do their own thing or live off the grid.
True
This seems to collide with the current bank system built on keeping more and more people in debt.
As a carer in the uk ,i get £67 a week ,it just went up from£ 64..........
UBI, if properly implemented, has the potential to completely change our relationship with work in general; no longer feeling like doing a 40 hour week just to pay rent and bills but rather to free people up to pursue other interests and, more importantly, vocations like voluntary work and community projects.
Many capitalists naturally absolutely despise this concept; they want to continue to employ servile people who don't kick up too much of a fuss and keep wages as low as possible. Without that incentive, their immediate interests vanish. But what they fail to realize is that in the long term they can just replace us all with automated gizmos anyway which within a few years will make us all obsolete as human workers anyway. Plus, I figure capitalists would enjoy it anyway because it does away with the bueacracy that comes with welfare payments to the unemployed, disabled and beyond.
This is the shift we needed. Unfortunately at the expense of human lives. But I'm all for it.
It’s all in the plan
Yang Gang!
#YangGang
I really hope so Professor.
If I get 2k a month i'll just go on vacations, and use more resources. Nothing is free, and you can't compare receiving 2k a month at today's prices as being realistic.
It is my personal opinion that Universal basic income is one of the most brilliant ideas that will ever fail.... Miserably.
UK Yang Gang!
I am all for it. Theres no way we can go back to what it was!
Empathy in a world dominated by psychopaths, bit funny.
nothing is static and everything is constantly changing, why hold to an old assumptions?
What you need is empathy AND ambition. The ruling class only has the latter.
A bit off topic, I know, but I hate seeing nuclear power maligned as akin to petroleum and coal in its polluting impacts. The net ecological impact that nuclear power produces is negligible at worst and better than solar and wind at best.
I mean if they pass a ubi 1200 on top of the people with social security then people on social security wont need food stamps weather ssi or ssd
I came here for yang and yanggang!
UBI should be implemented
If I had UBI first thing I would do is put a ton of it in silver.
Beautiful idea but....who is gonna finance that UBI exactly? where will the money come from?
freedom-dividend.com/
Ah yes so they can control u
Tyranny at a neighbourhood near you
Myself I would be so blessed I would give 10% of it good charities
*British man explains the values feminist economics without called it feminist economics*
Very Wise
I believe there needs to be a newly structured zero-risk online survey job opportunity in which everybody is entitled to... as for earning a basic amount of income... maybe similar to UBI. The world united in such a way could boost progression a whole lot more.
What about the people that was looking for jobs? N with the 222 pounds I get a month usually went towards bills. With this virus thing going I'll be in serious debt. They're not giving us anything other thrn a 300 loan which ikk have reduced from the monthly payments from Uc I get
I think it's a great idea. But my concern is businesses will start paying less to workers because they know their employees are having their income topped up. Maybe new legislation will have to come with UBI. Or then again, maybe it will be self-balancing and if employees know they can still live in relative comfort there will be less demand for jobs and employers will have to offer more (and just generally be nicer) to encourage their workforce to stay. We won't know unless we do it.
It should in theory allow workers to demand higher wages and be able to work less hours and put an end to 0 hour contracts and salaried positions.
The reason wages are so put of wack despite increased productivity over the past few decades, is a lack of leverage in negotiation for wages.
If you don't need to work to live, you now have more leverage than even the best of unions can provide. I mean heck if people don't have to move to cities to get jobs rent in cities will also decrease because income won't be as centralised in very dense locations which rent seekers exploit.
YES YES YES
That is all true.
Once it comes in it becomes a Government department in its own right competing against public services, police, healthcare and this will get more support so let Alaska be a warning against this type of act.
Star Light PDF
Troll
This may be as good a time as any to make the case for UBI. And we do have a real world example of such a program that was actual put into place. This example would come about due to similar conditions that we are currently experiencing. For those unfamiliar with this example from history the conditions were ripe and what resulted can be viewed to be nothing less than extraordinary. This example and solution occurred in Ancient Greece from a singular decision made a man named SOLON who would named to the position of Archon (a referee or an impartial mediator). This Archon position had been given extraordinary powers. Well needless to say conditions needed to be ripe to compel the need for such mediation. The need for Social order and stability calls for the means of conflict resolution. Preferably a resolution that can avoid War, Revolution and Social upheaval. The solution was the formation of the position of Archon. This first Archon's decisions and his solutions would produce extraordinary results that would leave a lasting impact. This resulting impact would have a profound effect that would come to shape the Western World to this day. Many scholars attribute those solutions and the influence that followed have had left a profound imprint on all aspects of life as we know it.
One of those solutions can be considered as an equivalent to UBI. This form of UBI is a real world example illustrating its lasting impact to society as whole and possibilities that can result from such a program..Unfortunately this example is not well known to the masses but it is possibly the best illustration what is possible when given the opportunity and freedom to allow ones mind to open to its potential. Curious yet?
OK let the story begin. This historic event began roughly in 700 BC, in Ancient Athens Greece and they called it THE OLIVE TREE ECONOMY. First, let me begin by describing the details of what had occurred from the effects of those actions to those unfamiliar to this period in history.
Approximately 700 years before Christ, the people of ancient Greece were moving from a tribal culture to a more urbane existence. With that shift away from hunting and farming came, a new set of outlooks are which ultimately would affect the development of the entire western world. The Greeks began to think about what they called NOMOS or the laws of custom. This would be something different from DIKE’, or Justice. Hunters became Shepard's, and Farmers became Merchants as the entire civilization underwent deep-seated changes. With these shifts in the economic sphere, it would affect the Sociopolitical environment. Such as our current situation with the change being brought on by automation and robotics. These pre-Socratic Greeks began to understand it was possible to use their political organization to shape and control their world rather than merely being pawns of fate. Soon with the growth of commerce, an emerging new class would form into a trading class. Shortly after, Athens would slide into bitter class fighting, inflation, and turmoil. Inflamed conditions led to the rise of a Tyrant, a man named DRAKON ‘The Lawgiver” (a possible Chump ancestor, lol). You can say he was the Tyrant poster boy, he is the famous Tyrant which Draconian Laws are attributed to. He established Heavy-handed practices that had worsened the situation to the point the situation would become ruinous. The party of the poor begged for a mediator to be appointed as a go-between.
This led to a man named SOLON. Solon was named Archon or referee. He was given broad powers to act rapidly. Upon coming to power, he abolished the slave mortgage system that had been around for some time. Under this economic mechanism, a man could mortgage himself and his family for loan collateral. Solon freed those in this type of debtor's prison and authorized a program to plant miles and miles of Olive Orchards to be given to the less fortunate citizens of Athens. This gesture had a profound effect not only on the Athenian culture but one could argue it affected Western Civilization as a whole! The Olive Tree Economy was the one singular action that would set the stage for the Golden Era of Ancient Greece.
Why you might say? It is important to understand how valuable of a commodity the Olive is at that time. Olive trees and their harvest required but little effort to maintain which would allow one the luxury of free time. It took about 20% of a yearly season to attend to. And the harvest of the Olives provided the income that one could sustain throughout the entire year. This valuable commodity had multiple uses that can be traded, exported, exchanged for other objects of value. As long as a person was content with an adequate and wholesome materially so-so lifestyle, the olive orchards were marvelous. So you ask how does this event impact and affect the entire Western Civilized world? Well with 20% percent of your time occupied with work on the olives, it left 80% the rest of the year free to do as you desired. The free time from drudgery and labor meant the freedom to question and exchange thoughts with others. This new freedom to explore and to share the knowledge from their explorations would eventually catch like wildfire and would spawn the creation of Science, Philosophy, Advanced Mathematics, Logic & Reason, The Theater, Democracy, Sports (Olympics) and the Arts. This freedom allowed these results to come into fruition all from the seeds of Olive Tree Economy. UBI can be the catalyst such as the Olive Trees were to produce similar results of a society of greatness. Recently UBI has been championed by Andrew Yang in the U.S. and such a figure maybe the catalyst to take on the role of a new modern-day Solon.
With prices of goods and shelter constantly going up they're gonna have to implement UBI. It's getting to the point where the average full time doesn't cut it anymore. It's either implement UBI or force everyone to live on the streets and by that time you might as well kiss our economy goodbye.
I’m thinking of making a video on our dire need for UBI after unemployment PUA runs out at the end of July. Do you think if I make a well researched video on how Americans need this more than ever it will help get it to decision makers and part of the conversation we Americans really need to have? Would you share the video on social media?
Rampant inflation will make it obligatory.
The religion of workism will not loosen it's grip without a fight.
A hand out hardly we pay or share of taxes and we are expected to beg for help it's our money
This sound a Utopia to me a better life, better world and better future
not really. if you give a man a fish he would eat raw. lol if you teach a man to fish he would destroy the ocean harvesting fish. but if you teach a child about nature and the sciences. you allow the indomitable vigilance of man to thrive through art and technology
It is essentially communism/socialism, which means that in order to make it work, nearly everyone's standard of living will be significantly diminished, as well as the quality of government services.
Think sharing a dozen of eggs with 2 dozen people and you can get an idea of what I mean, Sure all 24 people can have some eggs (basic income), but the amount of egg (standard of living) will be so small, hardly any of the 24 will be satisfied.
A UBI should have been implemented 20 years ago. It's not some vast wealth that is just handed out, it is providing citizens with the absolute basics so that they can do better.
No conditions, yeah right.
Robots are taking over more and more jobs and although I think it would be far better to make it financially worthwhile to share the jobs we still need people to do and work ever-increasingly LESS to solve that problem.........most people seem to disagree with me and want a UBI so they don't have to have a job. Will they all clap and cheer the people who are doing the jobs?
Peter Jolliffe where are the robots? They have been saying this for decades, when do we stop believing them?
Guy Standing
Automation is coming to every part of our lives. Robots don't need holidays, tea breaks or even light!
The people must own the wealth that will be accumulated from automation or we will find ourselves begging a handful of robot owners to take pity on those who have nothing.
Thing is this stimlus was income based so not a true UBI hence UNIVERSAL
It’s probably coming, but I think it’s a Bad Idea. You don’t get something for nothing. The US tried “the great society” thing back with LBJ. How is UBI different? It seems like rebranded, expanded more of the same. It didn’t work then, so why is it going to work now?
If u could make ONE thing from the earth leave what would it be?
I would take the Corona virus away
I would take covid 19 away
Bill gates
Tax the automations!
It will destroy nations, but people will only learn this through experience.
Sadly enough, lad.
I’m in favor of UBI
This will be the mark of the beast folks
Coming from the beast himself
UBI is not free if you are a tax paying American we pay tax’s on everything as we will with the UBI if you spend or save it
How to pay for it?
Here's Andrew Yang on how to pay for it. th-cam.com/video/n2NXU1aTt_o/w-d-xo.html
I believe it will fuel the economy. Instead of rich people sending money abroad, the money will circulate in the economy instead.
LOL!!!
Take 1% off of your military budget. For example. ;)
Unpaid taxes of large corporations and ultra rich
It is essentially communism/socialism, which means that in order to make it work, nearly everyone's standard of living will be significantly diminished, as well as the quality of government services.
Think sharing a dozen of eggs with 2 dozen people and you can get an idea of what I mean, Sure all 24 people can have some eggs (basic income), but the amount of egg (standard of living) will be so small, hardly any of the 24 will be satisfied.
God promises in the Bible that in the near future they’ll be no more sickness “and no resident will say I am sick”Isaiah 33:24.
In the context of the 33rd chapter of Isaiah, that verse is referring to the heavenly Jerusalem, Zion, Paradise, not any earthly city. As far as I know, Isaiah is a prophetic book which alludes to what will be both with Christ's First Coming and his Second Coming.
where is andrew yang ? are you still racist ? he is the one who make it mainstream, asisit to trump administration to give away money is andrew yang
Facts. 🧢 #YangGang
It’s kinda obvious that all billionaires are vying for Universal basic income 😂 why the fick.. if they just pay taxes and don’t disrupt markets and creat a cool down on innovation by buying up all competitors then no universal basic income is needed.
Sounds wonderful but would it not mean higher taxes? Where would the money come from? Also why should those who have already amassed large amounts of wealth be entitled to it? What will the UBI be set at. If it is too low it won't really help. In the realms of dream world and how could you roll it out on a global scale with so many different factors affecting each country. Too simplistic an answer I think.
what will the UBI be set at? the keyword is basic. its not a full income, just something that will cover your basic needs, like the basic food you need to survive and a roof over your head. (but if you want a bigger/better house or better food then you work for it).
'rich' people would still be entitled because shit happens and they can lose all of that for whatever reason so the UBI is a safety net to ensure that you will always be able to have your basic needs met no matter what happens. also, if they didnt get it then there would be a ton of money spent every year (like there is now) just keeping track of who or who isnt entitled to the UBI.
dunno much about how it would be rolled out but it wouldnt be on a world scale anyway. it would be each country looking after its own finances just like it does now with social welfare
freedom-dividend.com/
U will have to have the chip 2 get it is what they r leaving out.
the chip is your phone.. lets get with the program here
@@grandmaster-grouch more like cv immunity certification
It's Aprils Fools joke guys chill out...
Me: Actually i cant understand how someone can give me money from nothing?
Globalists: It is new world order slavery, dude)
If everyone has $1000. Won't everything just start costing $1000+ eventually?
EternitP8 No that wouldn’t happen. The economist Greg Mankiw, the dude that wrote the definition of inflation, already spoke about the effects UBI would have on inflation.
theincomer.com/2019/10/21/harvard-professor-greg-mankiw-endorses-yangs-freedom-dividend/
Germans had it 50 years ago and still have it and you know it. The UK didn't, US didn't. And that's your problem.
This can either work well or be an absolute economic and social disaster. I would prefer a distancing from the money side and have the government offer to pay mortgages/rent for people, rather than a blank cheque. It's vital that this be a safety net for now and not some sort of lifestyle choice, we are not in the era of complete automation yet. We should have incentives for high school students to follow career paths not destined for automation. We also have to protect minimum wage jobs from becoming completely unviable, someone still has to do them for now. Funding UBI is the true hard part. I'm not ignorant enough to believe the "tax the rich and corporations" argument every government in recent history has ever espoused, so that's an area up for debate.
Funny thing this talk about automation taking over yet my spell check in this comment box can't recognize cheque and unviable as real words, ironic.
Really can the Queen get this too? Everyone members of parliament too..
The Queen already gets it. Attending public events and doing the occasional speech isn't work.
@@nightride1985its a Universal basic income. Pay attention. It will be basically for everyone regardless if you work or dont work. Technology will be doing the work. One will not be allowed anymore or any less. Allnliving onto of each other in little cubicles in smart Cities, basically jails. So think before you answer. You believe this will be applied to everyone or everyone except those who make the rules. Welcome to peasantry class, Communists will love this.
@@nightride1985 and by the way the tax payer has to contribute to the Queen now, whether you think what she does is work or not. It is work. Same way Politicians are paid for attending events.
Mrs Mac in a parallel universe I am a communist and I do indeed love this!
You better get some GOLD, BITCOIN and farm land.... paper fiat currency will be inflated away.
0:44 "No country ever had it" INCORRECT! Germany, Sweden, Austria, Switzerland, etc.. Basically most of north-west Europe had it for decades. And I know people who received it just because they were born in those countries.
UBI requires the payment to be unconditional and universal. Do the payment schemes in those countries meet those requirements?
And even in Finland, it was only a two-year trial for 2,000 unemployed people
Uhm those weren't actually universal my dude, those are incomes for unemployed people and they aren't for everyone. The concept of ubi would replace a lot of that
The condition was that you were born in Germany and you are under 18 years of age. After that, if you are unemployed (which is rare in Germany), you are included in other programmes. You are never left to die on the street like in the US of A.
@@klaatu-barada-nikto Being unemployed is still a condition. So it does not meet UBI requirements.
It’s become impossible to get a handyman to return calls or emails where I live. While the government money is coming in, there’s no interest in actual working. Need help clearing brush, pulling weeds, or pruning trees? Better be able to outbid the government and make it worth somebody’s while to exert themself rather than chill.
This is for total control. If you don’t see this, your blind.
Without a doubt..
Ye. you will get money if follow orders. maybe like china ? Social credit scores?
@@beakeman9531
"You will get money if you follow orders"
How's that any different than what 99% of people are already doing?
At least basic human needs won't be a struggle anymore.
lies in disguise
How can their be basic income when countries are trillion of dollars in debt?
It is essentially communism/socialism, which means that in order to make it work, nearly everyone's standard of living will be significantly diminished, as well as the quality of government services.
Think sharing a dozen of eggs with 2 dozen people and you can get an idea of what I mean, Sure all 24 people can have some eggs (basic income), but the amount of egg (standard of living) will be so small, hardly any of the 24 will be satisfied.
@@dugnice Good analogy. Agree with you totally
@@dugnice ok stop repeating yourself
yanglinks.com/
Where does this money come from. Money doesn't grow on trees. It's a great idea but flawed. More government bureaucracy. What the government gives they can take.
freedom-dividend.com/
But then you will have to double the wages of those who work,cause it will be unfair to be payed the same,and where are you going to take these money from in the first place anyway,businesses?.How about the prices in the market that will skyrocket?
It's an Utopia
Rent is too high, and mortgages are too high for a basic income.
Very true scrap all these other benefits are some suggestions so how is a £500 or even £1000 going to cover the whole uk. Jobs will be declining not growing while this coronavirus is still affecting people.
Like a hunger game society ? few at the top = ultra rich, the rest Basic income=poor
Beakeman 95 nobody wants UBI more than the biggest corporations, after all that’s exactly where most of that money will go.
Wouldn't it have the opposite effect? $1000 a month will go significantly further for a poor person compared to a multi-millionaire, therefore likely reducing poverty and inequality, even if just a little
William Armstrong it may reduce poverty just a little like you said but it will undoubtedly increase inequality.
Working class people will spend all of that money, essentially giving that money to the rich. The rich now have all of theirs, and some of everyone else’s in which they invest in assets. Money always flows up and some of it gets reinvested but some gets stuck in the asset bubble (or savings bubble).
I don’t necessarily think this is a bad idea but if you think UBI fixes inequality then you are dreaming.
@@soulfuzz368 well I would certainly hope actually that this would almost eliminate poverty rather than reduce it. Homelessness should fall and maybe even crime rates/drug use/stress/suicides too. As for money going straight back to big corporations, I agree. But it will also go straight into local and smaller businesses, boosting local economy and unleashing entrepreneurial potential. But to try and prevent most of it all going back into the pockets of big corporations, what should we do? Maybe we could make our data a property right? Maybe we could slightly increase VAT on tech goods like Amazon and all high luxury goods? And after automation becomes very mainstream soon enough, they won't even be major employers anymore, so are we just using many big corporations to buy stuff we like and are thankful that they're increasing our country's GDP? Is that good enough to be honest? I was always apprehensive about hurting them due to the fact they would employ so many people, but when that's no longer the case, what do we actually need them for?
William Armstrong your optimism is commendable. I am reluctant to answer your questions because I think our disagreements are more about human nature than economics. Your optimism is commendable though.
Oh, I get it. April Fool's Day.
Nope. It's no joke
@@tchadcarby8439 The central banking system using politicians and corporations to "help" the little guy with UBI is one of the most hilarious jokes I've ever heard - but I'[m a sucker for extreme irony.
For those who actually understand the UBI agenda, it's even more hilarious than if Bush claimed to be anti-war. ..or if Trump started an anti-bullying campaign.
It's patently ABSURD on its face.
@@clicheguevara5282 Or maybe you haven't done enough research on it.
@@nerif2849 Sure.. maybe. Or maybe you think that overt corporate propaganda on Wired - which is owned by a MAJOR century-old multinational media conglomerate (Advance Publication/Sam Newhouse/Conde Nast) - is reliable information. Maybe you couldn't tell me the difference between a primary and secondary source without Wikipedia. Maybe you think the front page of Google and Reddit is "research".
Maybe I've dedicated *at least* 1/3 of every single day since 1996 to primary source research of geopolitics and 20th century history. Maybe I spend another 1/3 of my days making documentaries on those subjects. Maybe I started hearing about UBI 20 years ago.
..Or yeah - maybe I hAvEn'T dOnE eNoUgH rEsEaRcH - because you like the idea of "free money" so much that you blindly go along with the UBI agenda - which is like, totally not being spoon fed to you by the very people you think you're opposing. Maybe all those politicians, Wall St. mouthpieces, and media moguls really DO care about us enough to offer us UBI out of the kindness of their hearts.
Take your pick. ..I wouldn't want to hurt your widdle feelers by making you confront the fact that you might be wrong.
@@clicheguevara5282 Many people knows a lot..it may be all wrong!!!
My anecdotal argument as to why UBI won't work: when I've had money/financial security I would not put up with the demands of my bosses. Whereas during hard times I would work extra time, put more effort and so on.
Extrapolating that to a global capitalist aka push-workers-hard-to-maximize-profit economy, I don't see how we can have both capitalism and UBI...
It isn't supposed to work with capitalism. That's the whole point.
Well then you're not working for the sake of the work, you're working for the sake of the compensation gained from the work - which is highly suggestive that the work you're doing is not actually worth doing.
April Fools. That was a good one Hahaha