Universal Basic Income or Class Warfare

Psy-Fi · 12-13-2019, 12:22 PM

Quote:

Originally Posted by Lucem Ferre

I don't think just discriminating against the rich helps either, I think it needs to be unscrupulous CEOs and bankers. Hang them in the streets.

You'll have to send them on holiday in Iraq...

Baghdad mob kills teen gunman and strings up his corpse

OccultHawk · 12-13-2019, 12:28 PM

Quote:

Originally Posted by Lucem Ferre

Nah, that's not Antifa's ideology. The fact that they are so prevalent is kind of scary. Antifa tends to form in a country like this right before a fascist regime takes over.

I don't think just discriminating against the rich helps either, I think it needs to be unscrupulous CEOs and bankers. Hang them in the streets.

Deal

OccultHawk · 12-23-2019, 08:53 PM

The 2019 Winners of The Nobel Prize for Economics argue that poverty can be allievated by (gasp) giving money to the poor. On Fareed Zakaria yesterday the husband and wife team repeated a message very similar to what Andrew Yang has been saying.

Quote:

On the other end, the poor, I mean, there is this story that if you give them free money, they're going to retire. And again no evidence for it they seem to be if anything, some of the - especially in developing countries, there's evidence that if you give them money, they may be actually be cheered up and might actually work a little harder.

ZAKARIA: And one of the methods that you really pioneered is this idea of going in and observing what people do? Tinkering with some of the things you gives one - you do one thing for one group and one thing for another group? What does it reveal with in terms of this idea that we are all bound by economic incentives?

DUFLO: Yes. So one, for example, one series of experiments, not just one, but maybe a dozen experiments that revealed very much that the poor don't get discouraged from working when they receive free money is a series of cash - that they've happened now all over the world or in Latin America, even in the U.S. for a while.

So the people get some money as long as their kids go to school and they get the basic immunization and other preventive care services for their children. So one can then look at what happened to the people who get the money and the people who don't. And they are strictly equivalent because they were chosen randomly.

And across all of these experiments you never see a difference in the probabilities that people are working or in how many hours they work? If anything, whenever you see a small difference, it's actually the people who receive money work a little more. ZAKARIA: You also work in some of the poorest parts of the world. You work in a part of India that is pretty poor. What is the - is there a simple answer to the question of what does one do about that kind of extreme poverty? For a government that doesn't have the resources of the United States?

BANERJEE: Well, I think in our book we make the case that it's probably - that is exactly where you may want to go for something like universal basic income maybe kind of an ultra basic income. Not really very much, but the government's attempt to help the poor has always been a little bit colored by this idea that if you give them free money, they'll be a bunch of lazy people who will - it's just take it.

So you basically have a scheme where what happens if you have to go to work to get the money. It's not clear that that's how you help the poorest people. We worked with some women who were - who had been abandoned by their husbands, and had small children. How do they go to work? Where do the children go?

They were not using these schemes. And as a result, they were instead begging, basically. And the loss of dignity from that seems extraordinarily costly. Nobody will have to be at that - nobody needs to be begging. I think that's not - that - that I think most countries can achieve. And we should try to achieve.

OccultHawk · 12-24-2019, 12:52 AM

Quote:

Originally Posted by elphenor

why should we even be moved by that argument

idgaf if they're motivated to work harder

I hear you and of course I agree with the sentiment. I don’t find the argument moving. However, no matter what sort of reasoning is used I’m in favor of shielding people from the rock bottom ravages of poverty. Unfortunately, these economists fail to expose the root of the problem. If your position is that these type of proposals are designed to throw lifelines to capitalism I agree with you that that’s a big problem.

OccultHawk · 12-24-2019, 01:19 AM

These economists are focused on people living on less than $2 a day and are at risk of dying from malnutrition and exposure.

OccultHawk · 12-24-2019, 05:46 AM

India has incredible wealth and wastes fortunes on its military. Every African resource that can be stolen by the west or China is.

OccultHawk · 02-11-2020, 07:18 PM

Yang threw in the towel.

OccultHawk · 04-09-2020, 10:21 AM

I’m so in the mood to burn this country down today.

The Batlord · 04-09-2020, 10:23 AM

It's my day off. That's more of a workday activity.

OccultHawk · 04-27-2020, 05:59 PM

LANDLORD ATTEMPTS TO EVICT TENANT, RETURNS TO HOUSE ON FIRE

https://www.google.com/amp/s/www.ken...9-9b1112dbb4b7

lulzzz

12-24-2019, 01:19 AM	#795 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,006	These economists are focused on people living on less than $2 a day and are at risk of dying from malnutrition and exposure. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

12-24-2019, 05:46 AM	#796 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,006	India has incredible wealth and wastes fortunes on its military. Every African resource that can be stolen by the west or China is. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

02-11-2020, 07:18 PM	#797 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,006	Yang threw in the towel. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

04-09-2020, 10:21 AM	#798 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,006	I’m so in the mood to burn this country down today. __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html

04-27-2020, 05:59 PM	#800 (permalink)
OccultHawk one-balled nipple jockey Join Date: Dec 2010 Location: Dirty Souf Biatch Posts: 22,006	LANDLORD ATTEMPTS TO EVICT TENANT, RETURNS TO HOUSE ON FIRE https://www.google.com/amp/s/www.ken...9-9b1112dbb4b7 lulzzz __________________ 2016 2017 2018 2019 2020 Member of the Year & Journal of the Year Champion Behold the Writing of THE LEGEND: https://www.musicbanter.com/members-...p-lighter.html