Why the world should adopt a basic income

Discussion in 'Economics & Trade' started by LafayetteBis, Jul 10, 2018.

  1. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,086
    Trophy Points:
    113
    Gender:
    Male
    From the Economist: Why the world should adopt a basic income

    Excerpt:
    In an era of rentier capitalism… [a basic income] would provide an anchor for a fairer income-distribution system. And, in countries with high crime-rates it could have a profound effect upon criminal activity. From a Pew Report here:
    Rentier-capitalism, is "franglais" - that is rentier in French means (in English) "a person living on income from property or investments". You know, uh ... people like Donald Dork and his entire family.

    Though, of course, they like to call themselves working "businessmen and businesswomen". So, pray tell, what's in a name? (Fecal-matter smells like fecal-matter. ;^)

    It is almost never a real question of "How much you got", but of "How you got it" ...

    NB: Note that in the definition of Basic Income, the key criterion is "legal resident in the community". Meaning one was born with national citizenship or acquired it legally. It does not mean the guy/gal who just made it through the fence from some foreign country (who probably deserves asylum but not necessarily citizenship) ...
     
    Last edited: Jul 10, 2018
    Derideo_Te likes this.
  2. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    and a great reason not to earn a basic income!! LIke we don't have enough people on the rentier dole!!
     
  3. 61falcon

    61falcon Well-Known Member

    Joined:
    Apr 27, 2018
    Messages:
    21,436
    Likes Received:
    12,227
    Trophy Points:
    113
    Gender:
    Male
    The elites in our society want the master and slave economy we currently have.Those that have do not want to share and never will.It's called human nature and greed.
     
    Derideo_Te likes this.
  4. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    1) slavery was made illegal in 19th century
    2) in a just society you share in proportion to your contribution so everyone in encouraged to contribute rather than to liberal leech
     
  5. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    but an era of rentier welfare would provide an anchor for a less income fairness since those on welfare would have an unfair advantage.
     
  6. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,086
    Trophy Points:
    113
    Gender:
    Male
    Largely because we let them have their way.

    We are all blinded by the rush of muney, muney, muney. We think that if we have the "slightest bit of luck" we can be like them. Mega-trillionaires. The Greatest with the Mostest.

    Fool's gold - they're going to end up just like the rest of us.

    Six feet under ...
     
    Derideo_Te likes this.
  7. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    wrong of course. people want to be like them because they are Christian and want make the biggest contribution to society. They want to invent a cure for cancer or a better cell phone out of love not for money which most lottery winners will tell you is a disaster.
     
    Last edited: Jul 19, 2018
  8. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Human nature? We have a tendency to be co-operative. Crikey, even criminals can't be arsed to follow the self-interest logic of the prisoner's dilemma.
     
    Derideo_Te likes this.
  9. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    1) we have a tendency to often go to war too. Do you understand?
    2) you make the mistake of thinking he cares enough about what you say to look up prisoner's dilemma. Are you here just here to waste time?
     
  10. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Actually war is very rare. Its encouraged by capitalism mind you.

    You show your ignorance here. The dilemma is a key part of suggesting selfish behaviour. Crikey, even Adam Smith rejected the approach (acknowledging, via his moral sentiments, are tendency to cooperate). You don't know much do you?
     
  11. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    if you have evidence of that I will pay you $10,000. Bet?
     
  12. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    meaningless, all nations were formed by war
     
  13. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Stating the obvious
     
  14. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
  15. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    I'll wait for you to catch up!
     
    Derideo_Te likes this.
  16. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    you mean you lost the debate yet again and are afraid to go on.
     
  17. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Nope, meaning you forgot to click on the link. That confirms the rarity of war. Bit obvious mind you
     
    Derideo_Te likes this.
  18. LafayetteBis

    LafayetteBis Well-Known Member Past Donor

    Joined:
    Oct 24, 2016
    Messages:
    9,744
    Likes Received:
    2,086
    Trophy Points:
    113
    Gender:
    Male
    There is only one key criterion for any people who live together in a community, large or small, and depend upon one another in a diverse market-economy.

    It is that when the common good is far, far better served than individual desires that country is worth living in. Otherwise, not.

    Particularly as regards the accumulation of Wealth ...
     
    Last edited: Jul 21, 2018
  19. squidward

    squidward Well-Known Member

    Joined:
    Jan 23, 2009
    Messages:
    37,112
    Likes Received:
    9,515
    Trophy Points:
    113
    1. You believe in magic faries.
    2. You want to control the masses with their vote.
    3. You stand to benefit from government largesse
     
    Liberty_One likes this.
  20. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    accumulated wealth represents and accumulated contribution to society which is why its a very worthy goal. If you could invent a cure or cancer or new cell phone you'd be very very happy to do it and enjoy the wealth and adoration of those you helped and those who would like to help as much as you did. There are laws against those who stand in the way of cancer cures and new cell phones out of jealously.
     
  21. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    To what extent is capitalist innovation geared towards inventing new mobile phone relative to cure for cancer?
     
  22. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    who knows, capitalism has invented 35 million products by last count
     

Share This Page