this post was submitted on 16 Oct 2023
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[–] PM_ME_YOUR_ZOD_RUNES@sh.itjust.works -3 points 1 year ago (17 children)

I've always been a big proponent of UBI. But after speaking with my communist brother recently he opened my eyes to something. If UBI get's implemented, big corporations will just increase prices and completely/partially negate it.

What we need is a NEEDS income. We establish what are basic needs, housing, healthcare, food, etc.. and make sure that all of these needs are met.

[–] Wogi@lemmy.world -1 points 1 year ago (2 children)

I'm so glad people are starting to see this.

In 2008 there was a first time home buyer credit announced, and suddenly overnight every house on the market went up by about 10 grand.

The market is only a measure of how much wealth can be squeezed out of the working class, and the market always goes up. If UBI became a thing, suddenly everyone has another 2 grand to spend, and everyone will want their cut.

[–] bookmeat@lemm.ee 3 points 1 year ago (1 children)

Those prices were going to go up anyway. They've been doing so for years before and after that credit.

[–] Wogi@lemmy.world -1 points 1 year ago

They raise prices knowing we aren't making any more money, now imagine what they'll do when they know everyone has a lot of extra money to spend?

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