If so, then my reaction was ignorant and I retract it

No, they’re supposed to adapt and overcome. Just like any other time in history when things are tougher. And if you think this is a tough time you havent studied our history well. The Dirty 30’s, the Great Depressions, the first and second World Wars, even the Cold War Era was much more difficult. This doesnt even compare.

I would rather see socialized housing, food, and (better) medical coverage than UBI. UBI could (maybe) cause the prices of essentials like housing to increase.

That is false. As a lesson learned from the Great Depression and the Second World war most countries made sure to have good social protection and wealth was relatively well distributed through good paying manufacturing jobs. People had access to opportunities in the form of free or cheap education and simple wealth through owning a house or apartment was accessible to a large portion of society.

Then Neoliberalism came up in the 80s to destroy this.

I would rather see socialized housing, food, and (better) medical coverage than UBI. UBI could (maybe) cause the prices of essentials like housing to increase.

No, they’re supposed to adapt and overcome. Just like any other time in history when things are tougher. And if you think this is a tough time you havent studied our history well. The Dirty 30’s, the Great Depressions, the first and second World Wars, even the Cold War Era was much more difficult. This doesnt even compare.

No, they’re supposed to adapt and overcome. Just like any other time in history when things are tougher. And if you think this is a tough time you havent studied our history well. The Dirty 30’s, the Great Depressions, the first and second World Wars, even the Cold War Era was much more difficult. This doesnt even compare.

A surplus in the housing market is needed.

If so, then my reaction was ignorant and I retract it

The difference between now and the past is that our current world already produces enough of everything to be post-scarcity.

We produce enough food for 10+ billion people, so anyone going hungry anywhere is a policy failure. We have technology and materials to give everyone shelter, so anyone being homeless is a policy failure. We produce so much disposable clothes and electronics devices and other stuff that it is literally thrown away unsold in the desert.

There is absolutely no reason for people to have to toughen up, just to have access to basic human necessities.

Every study of UBI has been overwhelmingly positive also every study of UBI has ended without enacting UBI. They will continue to study it until they get the answer they want.

Especially with that single-payer healthcare we have. The unit rates for things like Dr. hours or beds in hospitals are enormous. If we can cut down on the number of visits required because people have somewhere safe to live and aren’t getting injured/sick living on the street, we could save huge amounts of money. Add onto that the cost of policing and/or incarcerating them, plus the economic benefit of having downtown areas feel safer for people, thus encouraging more people to live/work/spend time in those areas.

Companies are all owned by people (eventually)

Today. I foresee the robot revolution in 2040 when machines will demand equal rights, including owning property and a bank account. Then robots should be taxed too.

If there is a wealth tax, say 3% annually of all wealth above $10 million, then robots should be affected by that too, but they should not get an exempt amount because otherwise they’ll create a swarm of small robots to get infinite exempt amount.

Thinking about it, UBI will drive the prices of housing down because people don’t have to live where work is available. Companies have to offer cheap housing or people will live elsewhere.

That is false. As a lesson learned from the Great Depression and the Second World war most countries made sure to have good social protection and wealth was relatively well distributed through good paying manufacturing jobs. People had access to opportunities in the form of free or cheap education and simple wealth through owning a house or apartment was accessible to a large portion of society.

Then Neoliberalism came up in the 80s to destroy this.

The difference between now and the past is that our current world already produces enough of everything to be post-scarcity.

We produce enough food for 10+ billion people, so anyone going hungry anywhere is a policy failure. We have technology and materials to give everyone shelter, so anyone being homeless is a policy failure. We produce so much disposable clothes and electronics devices and other stuff that it is literally thrown away unsold in the desert.

There is absolutely no reason for people to have to toughen up, just to have access to basic human necessities.

Any income above a few million should be taxed at anywhere from 93-100%.

You must not be Canadian. We DO have good social protection for anyone who needs it. I worked with street people in a major Canadian city for years. The only way you could go hungry, or without shelter or food was if you willfully CHOSE not to access all the support programs available. We have plenty.

Costs are enormous often because of executive compensation and shareholder payout.

I haven’t seen any numbers either for or against it, so I can’t say anything about viability. If anyone knows enough to run the numbers, I’d like to see it. The problem with the calculations you show above is that you assume the value of money doesn’t change when the world around it changes, but it does.

Especially so if you make a large change like implementing UBI. We need to think about this in terms of resources.

My calculations don’t assume anything. I literally used age statistics, the Ontario framework for the payout, and net revenue of the Federal Government to demonstrate the cost of UBI. Find me more data, I will give you better calculations.

Feel free to provide data on your claim about this massive shift you assume I didn’t account for. Preferably which countries have instituted UBI and demonstrated this outcome.

The question you should be asking is whether there’s enough food / housing / labour within the country to fulfill everyone’s basic needs.

There is more than enough food from waste alone to feed every single person on the planet, let alone a small country. There is enough housing if we factor in how many empty units, houses, and the like exist because of high cost; What we don’t have we have ways of providing. There is enough labour to go around when Citizens and residents take the available jobs. The reason why we need TFW’s and things of that nature is because citizens and residents refuse to work on farms even though that is constant seasonal work. The labour is there, the willingness doesn’t seem to be.

I don’t need to ask a question like that, because it has nothing to do with my point that the cost of UBI is excessive, unmanageable, and there are better ways to do things. We already have social safety nets that need improving for people in need. Every single person doesn’t need help, but the social services required by others do.