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1. Embed this notice
   shamar@qoto.org's status on Tuesday, 12-Mar-2024 05:52:41 JST Shamar

   in reply to

   @freemo

   Another way to describe this depiction of "welfare" is "we should all pay with our taxes to keep the reserve army of labour up to date, so that the employers can keep all wages as low as possible".

   In fact, I would be fine with that IFF taxes would be proportional to one's income percentile: you are in the first income percentile (the poorest percentile), you pay 1% of your income in taxes; you are in the last income percentile, you pay 99% of your income in taxes.

   In this way, the richest would pay for the upgrade of the reserve army of labour they need.

   Anyway, the real problem with #UBI is that, everything else unchanged, it would be completely cancelled by inflation. With a caveat: when the UBI becomes the new zero, governments would be able to blackmail people depending on it.

   Incidentally, this is also the obvious reason why many USA billionaires say they want UBI.

   @scottsantens

2. Embed this notice
   Aral Balkan (aral@mastodon.ar.al)'s status on Sunday, 23-Jul-2023 16:41:32 JST Aral Balkan

   in reply to

   @kpeace @jeroen By enclosing the commons, destroying the environment, and exploiting their workforce.

   By selling a life-saving drug that costs $2 to produce at $1,000.

   By not paying taxes.

   In other words, in lots of ways. None of them good.