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Arri
Jun 11, 2005
NpNp
A gift economy would be better. From each according to his needs to each according to their ability. That's my opinion, thank you for reading.

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Arri
Jun 11, 2005
NpNp
GMI is just another way of trying to patch up the holes in the sinking ship of capitalism all because the captain and crew don't want to admit that other boats without holes built in during the manufacturing process might be more buoyant.

Arri
Jun 11, 2005
NpNp

My Lil Parachute posted:

I really hope a country tries it. A complete, closed loop, long-term attempt will be a glorious trainwreck.

A "small" basic income will result in prices for everything rising (partially to cover the additional expenses introduced by all upstream suppliers, partially because the customer can now pay more so why not) to the point where inflation will destroy any gains.

A "big" basic income will result in huge taxes, and will make it increasingly attractive to say "screw it, why should I work hard and be massively taxed for it when Bob does nothing all day and survives quite well". Hello ever-increasing pool of parasites long-term unemployed.

Thank you, Fatstrodamus. What are this week's lottery numbers?

Anyone who refers to other people as parasites should, in my opinion, be completely discounted as being not serious about anything but smelling their own farts.

It's already been tried and it helped prop up capitalism just as much as any other incremental reform has.

Arri fucked around with this message at 14:46 on Nov 3, 2014

Arri
Jun 11, 2005
NpNp
So you think the economy works the way your Conservative voting nana's email fwds claim.

Arri
Jun 11, 2005
NpNp
~117 trillion dollars in hoarded wealth by the wealthy in the US alone, by the way.

Arri
Jun 11, 2005
NpNp

archangelwar posted:

The fact that this entire thread is being derailed by concern trolling over an issue that deals with less than 2% of Americans just goes to show the desperate lengths people will go through to argue against an idea without directly coming out and stating that they don't want to see money going to minorities/poor. Jesus loving Christ, like the idea of Americans living overseas is a completely insurmountable obstacle to ever implementing any policy.

No, he pretty much came out and said it.

Arri
Jun 11, 2005
NpNp
Reminder that nationalism is just as repugnant as racism.

Arri
Jun 11, 2005
NpNp

down with slavery posted:

It literally doesn't matter because the cost isn't an issue. We have more than enough wealth to provide a mincome for every resident of the US. Anyone saying otherwise is arguing in bad faith.

Please stop trolling "on the left" with your username. It isn't fair!

Arri
Jun 11, 2005
NpNp
I don't mind expats getting mincome, as they are also people. Can we move past this derail? I suggest discussing implementation of the idea instead of whether it should actually happen. I have no ideas for implementation as I think it's just a stopgap measure and I do not typically support reformist half measures, but I would certainly like to see others' ideas on how to implement the system so that people could afford healthcare, housing, food, clothes and a semi-comfortable existence without relying on "work or die" ideology.

Arri
Jun 11, 2005
NpNp

down with slavery posted:

Having discussions about the minutae takes away from the real discussion to be had, which is why so many people are such poo poo to their common man.

Yes, I can definitely agree with this.

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Arri
Jun 11, 2005
NpNp

down with slavery posted:

We can tax wealth. We call it a "property tax". hth

This is correct, and according to well known socialist magazine business insider:

business insider posted:

Last week's annual CapGemini/RBC survey of investors worldwide showed the number of households with more than $1 million in investable wealth rose almost 15 percent to 13.7 million in the year through 2013. Their total wealth rose almost 14 percent to $53 trillion, it estimated.

Both the ranks of the rich and their collective wealth have now risen 60 percent since 2008, the survey showed, and those fortunes are expected to rise a further 22 percent by 2016.

Read more: http://www.businessinsider.com/r-cash-stash-may-reflect-fear-of-wealth-going-out-of-fashion-2014-25#ixzz3I4FllKjF

Read more: http://www.businessinsider.com/r-cash-stash-may-reflect-fear-of-wealth-going-out-of-fashion-2014-25#ixzz3I4Ev08FJ

My previously posted figure of 117 trillion was incorrect and based on a different article I read a few weeks ago, so my bad on that. However, as you can see the wealthy have plenty of wealth to redistribute yet still remain insanely rich.

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