Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
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The only counter to this argument I’ve seen play out in real time (at least to the best of my knowledge, it could be propaganda) is the fact that when the government offered tax credits for EVs, Ford raised the prices of their EVs to essentially absorb the tax credit and profit off of what was supposed to benefit the people making the switch.
I’ll see if I can find the article I’m remembering.
Here is one link from the daily wire
Here is another from tech times
I think that’s a difference between subsidizing specific things vs subsidizing all the things.
So you’re saying just by sheer volume they would be less likely to do it?
my country has started a program a few years ago that gives a lot of money to couples that produce children, primarily to be able to afford buying a house. it has contributed to many problems, from convenience marriage, to parents literally not caring for their children, but maybe the worst of all is that it has raised property prices by the exact amount of aid received for producing 2-3 children.