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2noame

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The Primordial Credit Argument for Unconditional Basic Income (UBI)

scottsantens.substack.com
8 points·by 2noame·2 months ago·5 comments

I Just Launched the AI Pledge for Humanity. Here's Why

scottsantens.substack.com
1 points·by 2noame·2 months ago·3 comments

Replace the standard deduction with a standard credit to start UBI

scottsantens.substack.com
3 points·by 2noame·3 months ago·0 comments

The Next Moonshot: Universal Basic Income

scottsantens.substack.com
6 points·by 2noame·3 months ago·0 comments

UBI as a productivity dividend

scottsantens.substack.com
125 points·by 2noame·4 months ago·272 comments

Finland gave two groups identical payments – one saw better mental health

scottsantens.substack.com
73 points·by 2noame·7 months ago·74 comments

Elon Musk Is Wrong About Basic Income and Crime: Here Is the Evidence He Ignored

scottsantens.substack.com
13 points·by 2noame·7 months ago·7 comments

The Reports of UBI's Death Are Greatly Exaggerated

scottsantens.substack.com
3 points·by 2noame·10 months ago·0 comments

comments

2noame
·2 months ago·discuss
Meanwhile, here is a growing list of people who feel UBI is absolutely necessary in response to AI.

https://actionnetwork.org/petitions/the-ai-pledge-for-humani...
2noame
·2 months ago·discuss
The tech sector needs to start putting resources into getting UBI going ASAP. Just mentioning UBI here and there isn't good enough.

https://actionnetwork.org/petitions/the-ai-pledge-for-humani...
2noame
·4 months ago·discuss
Poor understanding of UBI. It's a floor. A foundation. All income is earned on top of it. It does nothing to discourage work, unlike welfare that disappears with work. UBI is activating. It is empowering. People fund the work that's best for them, paid or unpaid. They start their own business. They go to school to learn something. They pursue volunteer work and caring for others.

Over and over again, the evidence shows that UBI is activating not demotivating. No one wants to do nothing. People want to feel like they are contributing to society in some way. And people definitely want to earn as much as they can to spend what they want to spend.

UBI is not the only thing we need to do. It is just a key thing we need to do because it makes other things easier to do. It's the bottom of Maslow's pyramid. It's money to buy boots with straps. It reduces poverty, insecurity, and inequality. That leads to less crime, better health, and more productivity. The spending of UBI creates jobs. It grows the economy due to people with lower incomes spending it mostly locally on local goods and services.

If you don't support UBI, you either don't understand it, refuse to study the mountain of evidence, or simply distrust others and/or want to control them.

UBI is the power to say no. It is power to the People. It is a redistribution of power. People will use that power in so many good ways you can't imagine and aren't giving them credit for.

UBI is the correct answer. It is not the only answer. But it is a very important one.
2noame
·4 months ago·discuss
This is a silly piece that makes a false assumption after false assumption. It's just not the case that UBI creates excess inflation. It can, but in order to do so, it has to be designed in a particular way in a particular economic environment.

This piece of mine gets into the variables to consider:

https://www.scottsantens.com/17-key-variables-that-determine...
2noame
·9 months ago·discuss
As a counterpoint to this article, I suggest this one written by a Marxist back in 2015.

https://jacobin.com/2015/12/erik-olin-wright-real-utopias-an...