this post was submitted on 09 Jan 2024
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Showerthoughts

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When talking to people who dislike UBI about UBI, they'll often say both that 'people need a purpose in life' and that 'nobody will work if they get free money'. (lemm.ee)
submitted 10 months ago by JackGreenEarth@lemm.ee to c/showerthoughts@lemmy.world
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Those seem incompatible to me.

(UBI means Universal Basic Income, giving everyone a basic income, for free)

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[–] Professorozone@lemmy.world 11 points 10 months ago

Do a quick calculation of what you can afford to buy with a billion dollars. Actually, I'll do it for you. At, just 6% per year, a billion dollars generates 60 million dollars each year. The numbers are absolutely staggering. Virtually nothing is too expensive for the wealthy. Which is why billionaires generously volunteer to pay more in taxes and provide excellent benefits to those who work so hard for them. /s.