What a shock, the guy who works for Trump and at a bunch of right wing think tanks thinks UBI is a bad idea.
I'm sure there's no political bias or cherry picking of data to support a predetermined conclusion going on here whatsoever.
trod1234•1h ago
UBI has had critics with sound reasoning longer than Trump has been in office.
The long-term economic consequences are dire, as equally dire if not more dire than doing nothing in a money-printing environment.
Mises covers the 6 primary failures (and more for certain variants) in his early works (1950s-1960s), all of which have remain sound and without rational refutation. They are generally considered impossible to solve problems, where the control needed to solve them reduces the longer the cycle continues, leaving members helpless later on. (Socialism, Liberty Fund)
You generally don't choose a system to depend on for your life needs that will fail not just as an ordinary failure, but where the failures are of a special domain with properties of mathematical chaos (where you can't differentiate or recognize the failure between ups and downs of a whipsaw).
foobarchu•1h ago
> The long-term economic consequences are dire, as equally dire if not more dire than doing nothing in a money-printing environment.
I would legitimately love to hear of an alternative option to UBI in the AI dominated future every executive is convinced we're headed towards, in which the vast majority of jobs have been automated away.
aleph_minus_one•48m ago
> I would legitimately love to hear of an alternative option to UBI in the AI dominated future every executive is convinced we're headed towards, in which the vast majority of jobs have been automated away.
Why do these executives tell this all the time?
1. Because it's their wet dream.
2. To make workers more obedient because they are made to believe that they will soon become redundant [honest personal opinion on this: if I was made to believe that, I'd rather think "So I have nothing to loose, then" and actually become much more arrogating in my demands :-) ]
With this in mind, the alternative is simple: don't listen to what these executives want you to brainwash with. :-)
This of course does not mean that you should not form an opinion for yourself - quite the opposite, but do consider what those in power want you to believe as having a dangerous agenda that they want you to brainwash with; in other words: consider such statements from those in power like this executable file that you downloaded from some highly suspicious website. :-)
kjkjadksj•42m ago
They are probably hoping most of us conveniently die without threatening the power structure or are siloed to areas where we can only bother ourselves. I wouldn’t be surprised if we are marching towards a new apartheid.
A guy from the Manhattan Institute looked at four studies out of 160 and discovered that the political position that the institute has held since its inception is correct? Unthinkable
rfwhyte•1h ago
I'm sure there's no political bias or cherry picking of data to support a predetermined conclusion going on here whatsoever.
trod1234•1h ago
The long-term economic consequences are dire, as equally dire if not more dire than doing nothing in a money-printing environment.
Mises covers the 6 primary failures (and more for certain variants) in his early works (1950s-1960s), all of which have remain sound and without rational refutation. They are generally considered impossible to solve problems, where the control needed to solve them reduces the longer the cycle continues, leaving members helpless later on. (Socialism, Liberty Fund)
You generally don't choose a system to depend on for your life needs that will fail not just as an ordinary failure, but where the failures are of a special domain with properties of mathematical chaos (where you can't differentiate or recognize the failure between ups and downs of a whipsaw).
foobarchu•1h ago
I would legitimately love to hear of an alternative option to UBI in the AI dominated future every executive is convinced we're headed towards, in which the vast majority of jobs have been automated away.
aleph_minus_one•48m ago
Why do these executives tell this all the time?
1. Because it's their wet dream.
2. To make workers more obedient because they are made to believe that they will soon become redundant [honest personal opinion on this: if I was made to believe that, I'd rather think "So I have nothing to loose, then" and actually become much more arrogating in my demands :-) ]
With this in mind, the alternative is simple: don't listen to what these executives want you to brainwash with. :-)
This of course does not mean that you should not form an opinion for yourself - quite the opposite, but do consider what those in power want you to believe as having a dangerous agenda that they want you to brainwash with; in other words: consider such statements from those in power like this executable file that you downloaded from some highly suspicious website. :-)
kjkjadksj•42m ago