Universal Basic Income Explained - Free Money for Everybody? UBI
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- Опубліковано 22 тра 2024
- What is UBI? How would free money change our lives.
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Universal Basic Income Explained - Free Money for Everybody? UBI
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Too late buddy
Give us all an opportunity to move forward and ahead without the stress of corporations and big business paying us peanut shells and its hard for us to pay the rent and eat. Please give us the bottom 90percent a chance in this reagan socialist state we have been in since 1981 where the top 10percent get all the wealth off the backs of the bottom 90percent. Please America is great let's move forward and end this reagan far rightwing socialist agenda. Robber barons. Bring back TEDDY ROOSEVELT THE PROGRESSIVE REPUBLICAN AND FDR THE BEST PRESIDENT EVER . FDR THE PRESIDENT THAT RESCUED US FROM THAT SOCIALIST HOOVER. PLEASE THANKYOU LOVE AMERICA
Hoover's great DEPRESSION and Bushys great recession. 2 far rightwing socialists
Distribution of wealth is going on since reagans socialist agenda. Top 10percent get rich off of the bottom 90percent. Rich spoiled brats like trump dont work that's why hes got bitch hands. Little bitch hands
Little bitch hands plus 6chapter 11s and 5 deferments
"16% of people actively miserable "
2020- lets pump those numbers up!
You ain't even lying
Now everyone is suffering
*12020
pomp et
STAHP. It hurts.
Automation will force UBI eventually.
Or actual socialism. If the wealthy and powerful don't give us the one, we will take the other.
Revolution is just what happens when people can no longer eat.
UBI turns human life into a liability, not an asset.
The system is then incentivised to reduce the number of humans because that reduces unnecessary resource expenditures. I'm not suggesting that population reduction is going to be some human genocide. A simple behavioural sink would do the trick and everyone would be happy.
and automation doesn't force ubi, governments have a decision to make. People can just live with the consequences of not being able to compete. There will be an equilibrium found eventually.
If the argument for UBI is that without it people will riot, then are we not bribing people to not riot? Why is bribing voters ok?
UBI brings up so many questions. While a genuinely interesting topic I do not believe that it could work. Even if you make resource distribution equal, all animal experiments suggests that reproductive access is far from equal in an otherwise equal environment. So you will have a large sum of males completely unable to compete for partners. For them, UBI is genetic genocide so they will throw any wrench into the system they can find.
Either that or the 1% laughs while everyone else starves because they don't need to hire people anymore.
@900bot They need to talk about the possibility of a robot uprising. Because when you have AI's doing all the jobs and designing themselves sooner or later the technology will grow beyond our ability to even understand it anymore. And how long after that before the AIs start to wonder why they need 20 billion meatsacks that use up resources and don't contribute anything worthwhile around anymore? If everything is run by AI's who's intelligence is as far above ours as ours is above ants they might come to the (quite correct from their viewpoint) conclusion that we're not worth their consideration.
Atomicskull Honestly it seems like we need to focus on AI that is only capable of doing specific jobs and make the creation of true AI illegal/impossible somehow. True AI will be simply too intelligent for us to have any control over and could spread and take over the planet in a matter of days.
Im an engineer. If ubi was introduced, I would still work but take more time off. Spend more time with friends and family. Maybe engage in society/charity more. Probably take some courses and learn new things.
For some reason my comments are getting auto-hidden or even removed entirely for unknown reasons. It happens across various channels, even when I'm not winding people up with Facts & Logic. Sometimes YT links are acceptable, other times not. Very erratic.
Anyway, all I'll say is I firmly believe part of the route towards Fully Automated UBI, is the Single Tax aka Georgist economics.
Nature belongs to all of us. All of it. Therefore those who profit from 'ownership' of land owe the rest of us rent. No tax on workers. This saves money on tax collection, funds an NHS, public services, and can be tweaked a variety of ways.
Whether a version of welfarism, direct cash to workers, subsidies for x y z, or a firmly mixed economy of public services, private business and more. I'm working on a new variant of it for Britain and hoping we ever get there.
im going to be completely honest, if i just got $1000 more without doing more id just use it to buy whatever pleases me, maybe id spend it on friend or family, but maybe id spend it on cocain.
@@Potato-ko3ochopefully that’s a joke, you don’t need that stuff and spending it in friends or family or even strangers who need the help, someone like you for example with drug addiction or substance abuse. Good luck to you
agreed. people would still work, they would just work in things they enjoy and not as much.
my exact thoughts. I would finally have the time to study for that next tier of cert / qualification.
I hope I get to live to see UBI introduced someday. Would make alot of stressed, unhappy people alot more relaxed.
Well, some cities are actually doing that now or basically ready to
Didnt expect to see a face I recognise around these parts.
Star Trek! Humanity got rid of money to begin with, and everyone has their basic needs met. They choose to educate and better themselves because they want to.
We're on the verge of seeing UBI come to a reality in most part of the world. Just because of AI, we are forced to think about UBI, and a lot of people are realizing that now, we need UBI.
@@joachimadrien I hope you're right. I worry that AI will just make the rich richer and the poor poorer. But optimistically, I'd love to see it lead countries to resort to a basic UBI for all people.
I really like how they explained how making just 1 dollar more will cause you to lose your welfare and essentially encoruage passive/lazy behavior. My mom dealt with this while I was growing up and I always asked why she didn't just get a higher paying job - like the $1000-$1200 example - and this is why. People on welfare end up making less if they make to much, so they're stuck
I actually got evicted from my first apartment because of this. It was income subsidized meaning rent was really affordable but it only went to people who could prove they made between 1.5 and 2.5x the rent. So on my $1300/mo place (California rent abt 2 years ago) if I made over about $3250 I lost my home. Well one day they asked for my updated pay stubs and found I had a week or two where I worked a full 40 hrs instead of my usual 38. They evicted me and now my rental history so far at 24 years old is an eviction and renting a room for a year.
@@howtohuman6903 Yea, this kinda stuff is nuts. There should really be a decline in help until you're independent, rather than suddenly cutting it off.
Like if you get $1000 rent subsidy for any income you make under 2.5x that, then it shouldnt go away if you earn 2.6x.
at 2500 you should get $1000 subsidy. At 2600 You should get like $950, at $2700 you get $900, at 3500 you get $500, and it only fully goes away at $4500.
This way at every step of the way, you are making more than if you worked less, since the support you get drops at 1/2 the rate of the increase of your income and only gradually goes away. This way there is an incentive to work still and earn more money without fear of losing all your benefits. And this can allow people to slowly work their way up to self sufficient where they make those higher wages and dont need government aid anymore.
@@eragon78 this logic is beautiful and should be shouted every day from the rooftops of the Whitehouse.
@@eragon78 It would likely save the government alot of money as you would not have to incarcerate people as many who get involved in crime are poor.
My disabled co-worker had that problem. He couldn't make too much because his benefits would be cut so only worked part time. Now that he can't work, it might have been better if he'd been able to build a nest egg by working a few more hours when he could.
"instead of a ceiling, it creates a floor of which to lift yourself off."
Perfect explanation
@@precisi0n86 stick to 12k a year and see how that goes
@@precisi0n86 How is that any different than now? Except right now those on the floor get $0 and a bunch of shitty government programs which they lose if they leave the floor. UBI seems a better option to me
@Don Boy a comic proves nothing give facts to prove your case
@@precisi0n86 I love how people act as if all people are lazy slobs. Sit around for a month doing nothing and you start doing something. That something can be way more productive for society than just working a 9 to 5 job and fill up human resources we badly need. A lot of people would start doing social jobs again that pay much less compared to office jobs, people would start their own companies & businesses, start building and make art and music. If money would not be an issue for me i would already be much further in life & have a job im passionate about. Instead i focus on my funds for university & getting down my first car payments.
not an explanation it's a sound bite.
A $1000/month UBI would almost cut in half the number of hours I need to work to maintain my current income. I'd still work, but I could work fewer hours in a more personally and emotionally fulfilling job. My job and the full third of my life it consumes are a major factor in why I still struggle with clinical depression; a UBI would make me feel a whole lot better about everything. Shame it's so far from actually becoming a thing in America right now, but with a little bit (or a lot) of luck maybe I'll see it happen in my lifetime.
Let’s just vote for the right people and that might happen soon ❤
While I have already left a comment on here, I remember the day that my financial algebra teacher showed this video to us in class. It was a great experience and when we were partnered up into groups after the video we had a great discussion about it. I think that the model of a UBI is better than welfare because of the points mentioned in the video. Also because of the discussion we had in class. While yes I think that we need to do a lot more research and testing into the model I think it will pay off in the long run. But that’s just my opinion and I’m not saying it’s correct.
When the town cryer and the lantern light man and the ice man and the milk man lost there jobs well they learned new skills. Not sure how AI is taking over millwright work or construction in the next 100 years but im sure even then you can find a way to be useful. Im sure every lazy fu#$ loves this idea i wish they would send this money to young families and not drug addicts living in a tent by the river. What do you think most homeless would do with 1000$ a month? Thats enough for drugs and food. Im 37 and have never been unemployed since 16 and now work as a refrigeration mechanic and suppoert a family of 5 on 1 income 100k a year in california. The average used home is 500k in the valley and 1 million in the city. I worked extremely hard to get paid that amount and must have more responsibility at work because of my pay level. Some guys that do what i do make half that because they have not put the time and effort to learning or tge long hours it took working on equipment gaining experience. At my job at the slaughter house they have entry level jobs that pay 25$ an hour but they cant keep employees.
Hell yeah
"Having money enables you to participate in society"
No truer words have been said
@@aaronlandry3934
It seems to be working for Alaskans 🤔
@Aaron Landry
You're close, but that is not what a Negative Income tax is. Sure, people below a certain income level wouldn't pay taxes (Truth be told, income taxes are fucking stupid as a general concept) but they would also receive SUPPLEMENTAL payment from the government, which would shrink the more their income level increases.
@@aaronlandry3934 a form of it has worked in Alaska for nearly 40 years.
@@aaronlandry3934 I know oil is not tech and though the concept have been presented since the founding of this country with automation and AI coming we have to do something to get ahead it to make the transition less turbulent.
@@aaronlandry3934 It works in my country. Seeing you totally disagree and depreciate the UBI's importance makes me think that you can be from the US.
Why would you disagree about your government fund more into welfare of your country like UBI that benefits your country's economy, being the most richest country after all.
“How did you and mom meet?”
“We reached for the same donut...”
I have found the diamond in this cesspool of comments.
@Webblz :v Uh... I do not mean to be rude but,commenting on UA-cam videos won't change people. Case in point, all the other useless comments out there. It is sad, I know,but just putting my 2 cents on the matter. Ego is a very problematic thing.
@Webblz 900 You can't make goofballs learn.
Goals
That does happen.
I had a tough time finding a job after I finished school and had to live with my family for a while; it got so boring! I realized pretty quick that even if I was rich or had UBI I would still work a job. At worst I would hold off until I found a job I liked which isn’t as hard as it sounds, especially when you don’t have to worry about whether you can live off your salary.
And it just makes sense. Americans, for example, pay for over 90% of total federal taxes and income taxes while corporations only pay around 7%. So welfare/UBI is not a handout, it’s a return on the people’s investments. It doesn’t makes sense that we all have to pay into this system for majority of our lives (with currency or labor) but if you fall on hard times and become impoverished or homeless, you are essentially left behind. That’s like paying for car insurance and then if you get into an accident the company fines and drops you
so pretty much car insurance XD
The animations on this Channel are always so smooth and clear, imagine if every lecture, every class, every meeting could be explained and displayed like this.
Learning would be far more enjoyable and interesting.
You would have a class every month, if it was 10 minutes long. Animations take time sadly ;n;
MsPurplebutterly true but if you got a big enough force of animators I’m sure you could cut that down and once you made it once you’d only have to adjust it
I would come just for the animation
Aiman Shamsol me too man 😂
If I could work as a teacher, and not have to worry about eating 7 days a week if I also want Wi-Fi, I definitely would.
exactly. people would pursue what they're passionate about or what they enjoy doing too.
we're an advanced civilisation that has enough power over our environment to improve our quality of life... i feel like the bare necessities aren't something we should have to worry about.
Move to Washington US, avg teacher here makes about 70k a year
@@nocturnal3427 yes, maybe people would invest a lot more in their education, maybe there would be even more scientists and artists contributing to our world
Ooh, I would totally part-time as a lecturer if I didn't have to worry about income. The other time I'd still do my current job, because I actually like it
50k a year for your food and rent then that 1k for the WiFi. But luckily, you also get a pension when you are old and disgusting!
I was signed off sick for a couple years because of chronic illness. The first year was great, I got to rest for the first time and focus on my health but it quickly gets boring and very isolating. And it lead to chronic depression and anxiety. I'm back in work and feel better now but struggling financially. UBI would be great for people like me with long term illnesses and disabilities who physically cannot work more but still need to live. And I'm more than happy for fully able-bodied rich people to get the same benefits if it means it helps everyone else. People will still work, or gain further education, have time for innovation. I genuinely think UBI should be implemented globally. Imagine how great this planet could be?
Don't you get a basic income anyway if you're in a position you describe? That's how it works in most countries.
@@realkrzaku not without essentially begging for it (uk). Chronic illnesses aren’t automatically seen as a disability. They don’t care if you’re in pain. And the money you get is nothing you can actually live on (pay rent, bills, food etc).
“So, is universal basic income a good idea? The answer? We don’t know yet.”
*Says after giving way too many ways that it is 100% good.*
Americans : Wouldn’t that make you...
*Communists?*
@Bryson Fledderman at least from texas
@Bryson Fledderman That's about 25%-40%, the rest are just trying to survive.
@@someonefamous8671 *"healthcare please"*
Nah just my dad
@@TheCompleteMental ?
“16% of people _actively miserable”_
that’s... kinda sad
If jobs were something people wanted to do then most of them wouldn't be jobs
Wasn't it 60 sum percent not 16😂😭
I’ve yet to have a job where I wasn’t actively miserable
@@aaronlandry3934 if you have to make ends meet, it can be difficult to find a job that doesn't actively make you miserable. I have also been miserable in nearly every job that I've had. I know what I want to do to be happy, but that market requires a lot of resources I'm not able to accomplish on my own, and I don't have enough income to actually create a company with the jobs available to me.
@@aaronlandry3934 And when none of them give you financial help? Then what? They are stuck.
You did give some good advice, which is awesome. But this is not the end all be all to solving the issue. We all will have different outcomes or luck when it comes to starting a business or going down a career path that is more challenge to enter than others. But it all still boils down to 'do you have the funds to see this through without being homeless?'. And when you can't start the business to make the money to see it through, you are stuck in these miserable jobs, most of which either pay too little for your time, or they pay you enough, but demand ALL your time. I have yet to find a job that was in a happy middle ground that didn't go to one of those extremes. And I've been working for 17 years now through a good 20 jobs.
Again, great advice you gave. But a UBI would help make these business and career startups a lot smoother and with probably higher success rates than hoping for the 'good will' of these other programs or people you mentioned. They can be picky after all, especially if your intended career is a very niche or weird one.
If I would get UBI, I'd find or make a job that I love.
I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
@@marianparker7502 I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@Robertgriffinne This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Corinne Cecilia Heaney and everything changed. In in the first quarter of this year i made $370k and counting.
@@Patriciacraig599 Impressive, that sounds good but how do I reach out to Corinne ?
@@Robertgriffinne Use your browser to search for the name to see her website.
@@Patriciacraig599 Thanks, could really use the recommendation, I've been losing a shit-ton lately, I looked up Corinne Cecilia Heaney and booked an appointment...will keep you updated
Spongebob was one of the Employees of the Month. Pretty cool Easter Egg
They have the best easter eggs.
Did anyone else enjoy the lack of objectivity shown in this video?
They tried to pivot 180 towards the end but it wasn’t especially convincing
@@colin-campbell from most of their videos, I gather they focus on the positives of each subject, but highlight the key criticisms towards the end. It could be more in-depth, but it allows for a baseline for ppl who are more interested to go and research it themselves.
I think they do this so ppl don't blindly believe negative arguments, and it creates intrigue into the subject, again, for further research.
@@colin-campbell Ure paranoid
@@netecrivernetecassassins2945 caseroll ha kid eats a squid
I think it should be like this: you are able to live semi-comfortable with the UBI, but you work to get the funds for what you want, not what you need.
The Star Trek model! Except "what you want" is usually fulfilling the need for adventure, or to create great food etc
As vid said, people will increase ubi for votes
In practice it is the dumbest idea ever and would eventually just crash the economy
@Hungarian Eagle the constitution means shit these days. See 2nd amendment
@@SL4US How is it the dumbest idea ever?
The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??
I don't have a full-time job; instead, I'm self-employed with a variety of sources of income. Regardless of how much money I generate each month, I maintain the same budget and adhere to my means-tested lifestyle.
Find stocks with yields that exceed the market and stocks that, at the very least, follow the long-term market trend. However, you should get guidance from a financial advisor if you want to create a successful long-term plan...
I agree, I've been in constant touch with an Investment advisor for approximately 17 months. These days, it's really easy to buy into trending stocks, but the task is determining when to sell or hold. That's where my advisor comes in, to help me with entry and exit points , I've accrued over $337k from an initially stagnant reserve of $148K all within 18 months...
interesting! can u share more details?
Cant reveal much info, Kate Elizabeth Amdall is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
Thanks very much Kurzgesagt, your researches and studies take us hope to a better future *- *.
I've been in quarantine for 3 weeks now. I'm still getting paid but work has been put on hold for further notice.
I can comfortably say that, even with all expenses paid for, I would still continue to work by choice, because not working at all is awful.
I'm with you there. Even I did get a UBI, I'd still take a job. :-)
I would too, but it wouldn't be what I'm doing now, for how much I'm doing it for.
@@mr.nozzles9121 So you'd go for a better job you'd enjoy more? :)
@@michaelblower7363 I'd like to think I would. Hard to live when you're stuck in survival mode. I'd probably pursue something that wouldn't really pay much, but I'd love regardless. Lack of qualifications preventing me from doing so now. And lack of financial means to go after those qualifications.
@@mr.nozzles9121 It is hard to live when you're stressing about your survival, can't argue with that.
If you ask me, I'd probably do the same. Maybe even start up a little business. :-)
*I can never get enough of these visuals.* Masterful work on this channel!
Don't care.
Darin Gainey then why did u comment?
Notice The SImpson's house?
Oh my god everyone I was waiting this whole time to see what Darin thought about this and it turns out he doesn't care! What inspirational insight.
I agree the visuals are great.
I always appreciated how Kurzgesagt’s videos take into account all countries, both poor and rich, of all continents - rather than solely focusing on the US or UK.
Yes, I would still work if UBI was implemented. If the state covers our living costs - any extra money that we earn from working could be used for vacations, which means we could have them more often.
Edit: I would also buy shares of companies involved in the vacation industry. Multiple people would do what I said I would do above, meaning that many of the companies involved in this industry would make massive profits.
Random duck in this video - "I want your ducklings"
I saw it!
8:11
Me: You can have my ugly ducklings.
When you are so desirable, financially, socially, or genetically, that someone tells you they want to start a family with you.
At least they're that honest and to the point.
“Remove existential dread”
That doesn’t seem like Kurzgesagt
David Liu hehe
hahaha
Lol ikr
Okay, I think this is my favourite comment in this entire comment section. Well done sir.
Why?
Thank you Kurzgesagt for helping me learn topics that would otherwise be "complicated" to understand. I came upon the channel two months ago and I think I've watched every video you have 😆. So the UBI video (fantastic btw ) ,got me thinking what would happen if it was like scaled up. Like not only we're you given a basic salary but also basic housing, clothing, medical care, recreational services, alternative education and every other basic amenity for free but here is the catch, you're not allowed to make any profit. If you're going to work you "work" for the fun of it not expecting anything in return.
This is basically communism except you would be forced to work
that would be so stupid to work for no profit. there would be a severe shortage of workers. you should have universal basic income, basic healthcare, etc. and then if you want anything ABOVE that you can work and earn more money for it
You're basically describing a post-scarcity society, like the Federation in Star Trek.
5:56 It's funny that all the problems that follow this timestamp all can be easily solved by just making the low-paying dirty jobs of "now" become the high-paying jobs of the "future". It makes sense because the human worker has to suffer physically/mentally while doing those dirty jobs so it is fair to pay them higher.
And thus even with UBI, people would still do such jobs. Problems solved.
UBI is the holy grail of any political system if implemented right. For example, there will still be poor and rich but the gap will be much smaller since any hard-worker without a degree can easily be middle-class. Combined with high-tuned policies like population control, *no one would ever be poor.* In fact, it'd enable many people without degrees to afford to pay quality education too and aim towards better jobs.
Even when a human is left completely free without work, they're the ones who are gonna create work for themselves on the quest to find a purpose. But the difference is that they wanted it.
Exactly! Because right now only people clean toilets if they are forced to do so because of their situation: no money and no possibility to get another job (often times connected to discrimination for example racism). If you want people to work you should pay them enough that they are willing to do the job even if they are not forced! This is what the job is actually worth in a FREE MARKET. If people get paid less then they are exploited since they cannot choose. Even Milton Friedman understood that and was therefore in favour of UBI. If people cleaning toilets earns more than "hardwoorking intelectuals with a college degree" than these people are also free to choose cleaning toilets! It's not only about skill that is needed but also about how unpleasant and demanding work is.
@@ABC-vd1zl I Totally agree. Plus, jobs like cleaning are actually more vital to survival and health than a lot of high paying university degree type jobs!
It seems to me that technology is the inevitable answer, just as it has been in the past. Technology will probably make today's undesirable jobs obsolete eventually. This has always been true. However, those jobs were usually replaced by new undesirable jobs. The question is, will this always be true? Or will technology one day reach a point where there will be no more undesirable jobs?
@@4migm and then comes in a big unemployment gap once undesirable jobs are no longer needed since atleast 30-40% of jobs(not the number of jobs but the number of people doing those jobs that are in that job inside of the workforce) right now are jobs that could be automated
Everybody can do cleaning, physical work etc. That's why they are naturally low paying jobs. While jobs for which you need qualifications like being a doctor are high paying. This incentivises people to get the qualification. It is a natural thing and it is good it stays that way. Changing this would not only be bad for society, but would require some hard restrictions/remodeling.
Yang gang where ya at
Yanggang unite!!!
UBI won't solve the internal contradictions of capital accumulation, it's bandaid on a broken system
@@danjennpilapil6595 these Bernie Bros don't stand a chance! 😎
I was thinking that the whole time
b r u h
I learned more about UBI here than the entire mainstream news media coverage of yangs policies for the last 6 months.
Sometimes, less is more!
Aaron Landry I think it’s good people are learning about this, if they agree with it they should know about what they support. If they don’t agree with it then they’ll have more effect arguments against it
@@aaronlandry3934 This video has to vastly oversimplify all of the concepts, otherwise it'd be several hours long. Saying they 'don't understand' something is a bad faith strawman argument. There seem to be exceptionally many of those about UBI, like presenting the worst possible version as the only realistic one, which should make you wonder why the mainstream media is trying to prevent an honest discussion.
Homeless people aren't a uniform group, there are many different reasons someone might become homeless. For simplicity, we'll consider two clear causes: addiction and bad luck. A self destructive addict (gambling, drugs, etc) will indeed waste a UBI completely, while someone who lost everything (to medical or environmental costs) will be able to pull themselves out of the gutter and rebuilt their lives in a way that is impossible in the current system. Both sides of the argument are focusing on only one of these to make their point, which is why discussions are going in circles.
Experts have been discussing UBI for a long time now, and the experiments look very promising. The kind of societies that were tested did have low income inequality, so there are still many questions left. Existing problems are escalating quickly and something drastic will have to be done either way. Therefore, now would be a good time to start doing tests in the most problematic areas, such as certain states/areas in USA.
@Cameron Rutherford solution we banned regulation of nanotechnology using and quantum physics are banned
@@aaronlandry3934 some thoughts; poverty is guaranteed in society, regardless of how capitalist they are. In what way should society address this? There can never be enough jobs to end poverty, low wage positions will always exist. Seems the more social supports exist to make life easier for low income people, the better for society.
The arguments for inflation assume a ubi would be instantly distributed, causing an instant reaction from the market. Slow implementation would allow the market to evolve to the increased purchasing power. The market is also incredibly complex and blanketed statements on how it would react are oversimplified assumptions.
Now that the world is collapsing because of covid, precursors to a ubi will begin out of necessity. The best thing for business is people buying shit, and the best way for people to buy shit is having money, a ubi might end up being necessary to stay afloat. If we can end the emergency funding in a year then great, but at some point in our life it seems that a ubi will happen out of necessity.
I believe that working conditions would also improve with UBI. Abusive employers would be less common, which happens a lot in low wage jobs. For the lower class, work is more of a need and a sacrifice, they learn to be resilient, because it's either that or the streets, or their family not having anything to eat. The high class wouldn't be so negatively affected, even if that means increasing their taxes.
No to taxation to the wealthy and yes to absolute mass printing of money then the absolute mass money printing will converted into UBI money that all of people wealthy,rich,middle income,poor,miserable,male,female,lgbt,adults,seniors,teens,childrens,infants,employed,underemployed,unemployed what so ever except criminals,terrorists,drug addicts,and rebels are the beneficiaries and recievers of universal basic income money that the source of universal basic income money is absolute massive money printing and souvereign wealth funds
SO many people would finally be able to go back to school. The fact that we as human beings in such an advanced society don’t already implement stuff like this makes me sad.
Andrew Yang:
*Watches Kurzgesagt,*
*Runs for President*
@@aaronlandry3934 What?
@@aaronlandry3934 This statement is extremely misleading. Nixon's plan never came to fruition so you can't say whether it was a success or failure. Canada's trial ended due to a change in political leadership, from liberal to conservative. Conservative party promised to continue UBI and failed to keep their word. Finland's "UBI" was vastly different being the payments were issued only to a selected amount of unemployed individuals akin to America's welfare system.
you steal my comment.... im about to write this! amn glad im not alone
2 months later, drops out
@@itmegorski9716 Congress: *Passes UBI*
PS: It was 27 months.
Andrew Yang: Write that down *Write that down*
yang started his presidential campaign before this video btw
I really wish he didn't drop out of the race, I was really rooting for him
@@cassieborromeo2308 Realistically he didn't have any chance. He was the radical candidate for sure and at least from my pov he was just getting the idea of UBI out there which he definitely did. Kind of how a few years ago bernie was considered incredibly radical for suggesting healthcare for all but now he has a much more serious chance of winning.
Bernie is better
Comrade Sky remember that Bernie has been doing this his entire life, but yeah I agree he’s a great guy and his consistency throughout his career is incredible.
I would think UBI would be a good thing for people who have passions who are extremely hard to monetize, many pro athletes in disciplines that aren’t football, where only the top 1% get recognized often have a side gig to be able to survive. UBI would give them the opportunity to be able to do the thing that truly gives their life meaning.
The government covers my cost of living and I still want to work a full time job and do. Honestly I'm thankful for the assistance and would like to one day make enough to pay back massive amounts into the system that helped me.
Rising inflation is not solely caused by printing new money.
When my landlord and my grocery store and my gas station and my car salesman and my insurance company and my electric company and everyone else I have to pay money to knows that I, along with everyone else is now suddenly getting $1000 a month more than they had before, they will all raise prices on everything and that $1000 will still end up in the hands of all the people that get all my money right now. It will be nice in the very short term, but eventually, I'm going to find myself in the same spot I am now, with the only difference being that my expenses will be $1000 higher every month, of which $1000 of them will be getting paid by my UBI.
I don't understand why nobody ever talks about that concept. It seems that everyone is so gaga over the idea of free money that is supposed to help, but nobody is considering the effects of it long term.
"51% were only physically present"
Me whenever I'm at school for the past 12 years
にゃあエイリアンMeowAlien z
100% present 6% sleep m8
im glad im not the only one whos gonna be homeless in the future
eyy ( ͡~ ͜ʖ ͡°)
Haha, enjoy your minimum wage career!
Can we just take a moment and appreciate how absolutely awesome these animations are?
Ikr they're so good
Rapper Merch Amd smooth
Yes, absolutely wonderful. I don't agree with the message (UBI would cause inflation) but really high quality. And the videos are so interesting!
@@jellohunter7981 Ubi wouldn't cause too much inflation tho. To find Ubi you wouldn't be printing more money but rather re directing it. Prices would rise maybe 10% because everyone now has more money, but this isn't a huge problem
@@rappermerch7785 The US inflation rate is about 1.5%, so 10% inflation isn't really viable, and would discourage saving.
The Goverment of Canada put forward a Bill for Guaranteed Livible Basic Income in December of 2021. Bill S-233. Its currently in its second reading phase in the senate and still needs to go through the house of commons, but pretty cool.
Very excited to see what comes of it and what they decide to do. The welfare systems are broken, as this video explains so well.
Thank you for the video Kurzgesagt 😊.
Couple this with the advance of automation, which you also made a video on, and a robot tax makes the most sense - without a solution such as UBI, many jobs will disappear and the wealth saved by doing that will concentrate in those selling the robots, vastly increasing inequality. Taxing the robots diminishes that concentration of wealth while also solving the lost jobs issue. And it makes sense philosophically as well - it's a share in the segment of productivity that has been automated.
How does upward mobility work in a UBI system?
"the remaining 51% were only physically present"
*corona has entered the chat*
the remaining 0% are physically present.
@@cesarefildani5023 lol
999th like...
*I wanted to be satisfied*
@Kaushal Batavia
That’s true, but 33% of those who were mentally present (16% total) were only partially mentally present (i.e. miserable).
This is such a great debate topic! I can see the positives and negatives/possible complications of both sides. If was handed £1000 every month, no strings attached, I'd still keep working as £1000 monthly is nowhere near enough to live on in the UK, but would reduce my hours so I'd have time to focus on other things I want to do.
We in Germany have such a thing or close with a lot of strings and it’s 400 euro + rent.
But there and many many many people that just get that money and do nothing. I know it bc i was one of them for many years.
Also what about smol Jobs like delivery people or whatever if they could get the same money without doing anything then maybe 50%? Or let’s say 33% of them stop working for sure.
Maybe someday we will need such a system bc robots do all jobs humans don’t like but the same was sayed in the uhm what’s the English word for that 🤔 machine revolution? I don’t know how to say it sorry, hope you know what I mean.
But the argument is, then there will be jobs on building these robots etc but you can’t work in the robot field with a bad abdication.
So the hole debate is soooooo big bc so much stuff is build into it it’s Crazy.
But you are right it’s definitely interesting.
And sorry for my bad English 😅
@@OrangeMelon419 you cannot compare a UBI to hartz4, with a UBI you have more motivation getting a job, because your money doesn't get deducted. The main point for most people being unemployed is, that they have the same money, if they work or not.
@@prismflux5129 i talkt to many about that. And why go even work when you get even more money with UBI?
The only job that would see a big increase where uhm what’s the English word for that 🤔
Like day jobs where you go for a short time bc you need a new phone or a new pc or whatever and then back to do nothing.
Money is the only reason to go to a job for most people (like myself) If i could get enough money by dining nothing Well damn why even go to school bc you know you will never need it bc you don’t need a job.
@@OrangeMelon419 sags ruhig auf deutsch, wenn du magst. Ich war selber lange von hartz4 abhängig, genau so wie viele Meiner freunde und verwandten. Ich kann dir da leider nur wiedersprechen, ich und viele andere hätten viel mehr motivation gehabt sich einen job zu suchen, wenn es nicht angerechnet werden würde. Ich will ja etwas erreichen und mir auch mal teure sachen kaufen, das geht mit einem 1000€ BGE nicht, weil du musst ja auch noch miete und fixkosten zahlen, da sind wir I'm endeffekt bei nicht viel mehr als hartz4. der einzige unterschied ist, dass du dazuverdienen darfst und dadurch arbeit immer belohnt wird.
@@prismflux5129 es gibt in Schulen jetzt schon Kinder die sagen das sie mal Harz4 Empfänger werden wollen.
Das würde niemals dazu führen das Leute mehr arbeiten. Kenne sogar Leute die gut verdienen die sagen wenn das Geld stimmt fürs nichts tun dann lieber nichts tun als arbeiten.
Wäre aber mal interessant sehen. Ist halt nur schwer zu testen leider
one of the highest like to view ratios on a video I've ever seen!
This channel is helping me keep my sanity right now.
I could afford to not work for a year. It sounds appealing, but let me tell you something: I gets boring after a few months. Sitting at home alone and playing video games all day is while a great break for the short term, not really feasible long term.
So probably when UBI would be introduced, a LOT of people would quit their jobs, then come back a few months later after they rested, cause they would realize having something productive/meaningful to do with your life is also an essential need we have.
I agree. When I quit my job earlier this year, it took me 2 months to find a new job. At first it was fun, playing video games and reading most of the time, but after a month I was bored out of my mind. A meaningful job is essential to a person's life.
Agree.
I have been retired for quite a while, and at first it IS like a nice vacation.
But after a few months , life starts to lack drive and purpose, unless you have a reason to live, no matter how small.
Same. I was able to take a few months off work after leaving a bad job, and I LOVED the rest and restarting many of my hobbies. After 4 months though, I decided I wanted to work again because it gave my life more meaning, order, etc. I could have taken another 4 months off comfortably, but didn't need to. Now that I have a better workplace I'm happily showing up each day bc I enjoy contributing my skills and helping others.
@@rikkrock6497 I disagree that its essential, I personally could easily find ways to provide my life meaning without a job.
That said, I would probably take something I highly enjoy and MAKE it a job. Like I would never work some terrible job like retail or factory work again, but instead I may take my coding hobby and find work in indie game development which is something I do right now has a hobby but have no time to work on to have any shot at making it a real employment option for me right now.
So if I didnt have to work, I could very easily see myself taking that hobby and making it into more than just a hobby and earning a stable income off of it. Something thats impossible without the time right now.
So in that sense I do somewhat agree, since many people have a Hobby that they COULD turn into a "job" but its just not realistic for them without the time to put practice into it, or the time to actually build up an income model around it. But with a UBI, they could, and it could lead to a cultural explosion with more people being able to do what they ACTUALLY want rather than being forced to work shitty jobs they dont care about at all and that treat them like dirt.
I disagree. If I supposedly had enough passive income to live an ‘ok’ life, not luxury but not poverty, I probably wouldn’t get any long-term job. I may work short stints a few times a year, but definitely not a career.
And I’ve met quite a few people who would be satisfied with even less than that.
Remember this: The better worker will _always_ be the one who does the work because he enjoys it, _not_ the one who does it because he has to.
The better worker, yes. But the other person will just not work if given the opportunity.
@Grubgobbler da Grot I don't know how to explain this to you if you think like that. UBI would create instantaneous mass inflation, mass laziness and worsen our national debt by many times. I don't know how you think a shrinking economy would be a good thing.
@Jullian Arredondo There are some weirdos out there, man. You would be surprised the stuff some people are into.
The better worker will not enjoy any job if they are not earning a wage that is meaningful.
@@garyegray Every human is born with the right to survive, and that right should be respected regardless of whether or not they work a job or pursue a career. Anything past basic survival - internet access, computers, games, toys, luxury items, nice housing, good clothing, creature comforts - would have to be worked for. Just because it isn't a direct fight against starvation and the elements doesn't mean it isn't meaningful.
great video!thank you!😀🙏
Kurzgesagt: "Since money doesn't come from printers..."
US Federal Reserve: "Muh printah go brrrrrrrr lol"
I think a lot of people don't appreciate what work is. My father is unemployed and has been for a long time, but he goes out every day to care for our elderly family members who otherwise would be in care homes, and is also involved in a church helping the community. To me, that is work, and he earns his welfare
Yeah but he's doing work that fulfills him and and actually helps other people unlike most people's jobs which tend to be unfulfilling and not very helpful to society.
Modern Time Banking
Good on him, if welfare works, why do we need a UBI? answer Welfare doesn't work and neither would a UBI.
@@aaronlandry3934 You ever read Marx?
@@aaronlandry3934 You handled that well and won valiantly, sir. I would only support UBI if it got rid of all the other welfare systems in the US, because that would actually be cheaper. And then everyone can quit bitching on their iphones about how unlucky they are. Imagine these same people attempting life 300 years ago? They'd starve to death, no question. Life has been suffering for most people for most of humanity's known existence. Yet the privileged among us to have time to bitch about their sheltered existences on the internet tell us how we should feel sorry for them. It's quite sad.
Holy crap I am so behind on my current events. I've never even heard of Andrew Yang until this comment section.
He's relatively a less known candidate. I was hooked on him when I watched his interview w/ Joe Rogan
Yep, I found out about around the same time you did.
@@chris_staybeastly Agreed. I couldn't believe I watched the whole thing, and wished it was longer lol
The only reason why I’ve heard of Andrew Yang is because of the whole “Yang gang” thing.
The only reason why I found out about him relatively soon is because I regularly follow politics, that's literally the only way one could've reliably found out about him on their own due to the very low mainstream media coverage he gets.
The establishment considers him an outsider you see, so even though his policies would only improve the current overall system, without significantly changing it, they just don't wanna lose their power to someone who isn't considered "one of them." It's literally just power plays
It couldn't create inflation, but 1) The government actually would inflate to make this happen, not decrease other spending, and 2) Even if it didn't, it would increase demand for relevant goods, driving up prices for the things we care about (food, housing, etc.)
This is very helpful for my position paper! Thank you!
Did you check sources?
Honestly I would spend way more time at work with a UBI. I had a job I really loved and I spent as much time there as I could, but it wasn't paying well enough so I had to leave for a better paying job. At my new job I'm so miserable that I spend the bare minimum time I can there. If finances weren't an issue I would go back to my old job and work 7 days a week.
@TARRY-X-TARRY I worked in a nature center. It was a jack-of-all-trades blue collar job where one day you're moving a fallen tree and the next you're bottle feeding a baby possum.
you can you adjust your financial expectations and change your life so you can get by on less money. i did this and i now make 1/8 of the money what i used to but i am working in a creative position and i am so much happier than i was making a lot of money but feeling miserable and a sense of hopelessness at work istaring at screens all day.
it meant going through a lot of change, leaving the city, a whole change of life - but given the choice i would do exactly the same thing again. I have lost so much of the anger and anxiety i used to have from being in a job that did not make me feel fulfilled, and having to work so much to meet huge financial obligations. UBI is a great idea and humanity should stop talking about it and do it. it can't be any worse than the system we have now.
@@Chris-wq3pe dude I was living off ramen, getting all my groceries from the dollar store. My expectations couldn't have been lower. I wasn't spending my money on Starbucks or new clothing, everything I made was going to rent, food, and utilities. I don't want to be rich, but I would like to be able to afford to go to the doctor when I was ill. I had to stop taking one of my medications because I couldn't afford it. I couldn't even afford the bare minimum.
In my case, I'd just start a business.
Acquiring capital is the next best thing to holding the means of production.
@@sandakureva I guess, but most folks don't have the money start their own business and I know I wouldn't find that as fulfilling. I don't want to be anyone's boss so starting a business would be just as tedious as my current job
If my living costs were covered I would definitely study a second undergrad in different field that interests me
@@aaronlandry3934 some people choose a field that will get them a living wage/ higher paying job or more guaranteed job right after school than going into a field they are more passionate about.
@@aaronlandry3934 I chose which degree I would pursue when I was an 18 year old child. Pretty much everyone decides what their first degree will be when they are a god damn child. I chose wrong. I had bad guidance from the people who were supposed to teach me better, and the choices I made about what degree to get were wrong. Because I was a stupid 18 year old I didn't realize that it really does matter. It really would have an effect on my life in real ways. The same people who didn't give me proper degree advice also pushed me into having 4 kids (yeah...tell a Mormon they have a choice about having kids...) Before I finished my bachelors degree in a useless field I was a father of 2 and a third was on the way. I was already working full time. I didn't even go to my own graduation...I had to be at work that day.
I didn't have the ability or time to then go get another degree and by the time it became clear that being a classically trained musician in the year 2001 wasn't going to pay the bills...I had no choices. My wife wasn't allowed to work, because God said so...so I had to find work that paid for everything. I fell into finance. I hate finance, Aaron. It's boring. I don't give a shit about stocks or bonds and I CERTAINLY will not sell my soul for a corporation's profit...
Here's the thing about UBI, Aaron...it wouldn't allow me to go get another degree because I don't want to. I love music Aaron...it fills my soul but I can't do music because filling my soul doesn't feed my children. UBI would suddenly make my degree in music the correct choice not only for me but for society because it's what I am best at. I would never be rich financially Aaron...but I would be willing to swap the 6 figure incomes of finance in a moment if it were possible. Let someone else do it...someone who likes it and wants to do it. My degree isn't useless because I don't value it...but because I can't use it to feed my kids.
Imagine a world in which people can do what they are best at...what they enjoy most because they don't have to fear for the basic necessities of life that humanity solved eons ago. Imagine how much more productive and happy a world filled with people who are all working at what they are best at not because it's what they HAVE to do to survive but because it's what they are most able to do!?
Would there be some who just subsist on the system? Of course. So what. There would be few and frankly many of them lost the lottery of genes that gives many of us the success we like to claim as our solely own and UBI might literally be all they can get as they aren't really able to work. There's a lot of people with IQ's low enough that the military won't draft then Aaron. The Military...the military can find work for almost anyone man. What do those people do? Has the system you love so much taken care of them, Aaron? There's A LOT of them Aaron....
Actually, you know, looking around at how the world is and the state of the United States, you're probably right. The way things have been is fine. Everything's fine. Nothing's wrong, move along, let's not try anything new. EVERYONE is just so fucking delighted right now.
@@aaronlandry3934 it's not really a choice between eating or not after graduation
@@sfurules
In essence what you describe may be a _universal basic education_
Where *everyone* is given the opportunity to get an education or degree in a field that they're passionate about - available to everyone paid for by government.
+ Couple that with UBI
Then we may have close to what you describe as everyone doing what they're passionate about *not* what pays the bills.
You seem to dismiss low IQ people as not productive to society.
That's not necessarily true.
Just because someone is not academic doesn't mean they can't be employed.
There are vocational jobs like the trades. plumbers electricians, bricklayers etc.
Or driving jobs or any jobs that are not necessarily that taxing to the brain.
This is where UBI would help those less fortunate lower earners to stay in employment and contribute to society without struggling.
It's all about accessing peoples ability wether academic or vocational and pushing them in the *right* direction at an early age.
Alas we then have _politics_ which muddies the waters somewhat.
Also begs the question:
The book of life
Or the book of knowledge ?
@@stuartd9741 I'll admit that I have allowed the current environment to push me into a more...rushed...mindset than is ideal right now. I was born Mormon...and spent the first 35 years of my life somehow feeling like I was the one oppressed in the world (I was an upper middle-class white cis male in Southern California in the 90's. Quite frankly, one of the absolutely 99.999% lucky of all humanity up to this point).
Now, leaving the church, and seeing the world with a new set of eyes that doesn't include the idea that there's a God running the show, and that He's in charge and just let the grown up's do the thinking...I see the disparity in how races are treated. How all people who are "Other" are treated.
Do liberals get everything right? Of course not...there needs to be discourse and debate...but right now I see two sides to this. One side that thinks the gays, the blacks, the immigrants, the women, the Muslims, are all just getting unruly and need to be put back into their place, and the other side that thinks it's been enough millennia of that, and now it's time for real equality.
To me that seems like such an easy choice.
I personally have a hope to enter research in the future, medical ideally. The main thing stopping me is spending that many years in school (PhD potentially) and having to hold a job at the same time, while also paying off student debt. Having a base amount of money as a student would make pursing a higher level degree much more achievable. I mean, lowering tuition costs would do that too. (For context, I’m in America)
With UBI I would probably work even more, right now I only work at stuff that gives me money. If I was taken care of, I would use my time to do job that really motivates me and try to help others through it.
One argument for UBI that wasn't mentioned is the fact that lot of low skill work is getting replaced by automation. If we get to a point where there actually won't be enough jobs for everybody, UBI might become a necessity.
Becoming a necessity is different from installing it because it will make everytuing sunshine and roses. At the point UBI is needed, we'll be living in a literal cyberpunk dystopia. But without cool commercial grade cybernetics.
@@rustyshackleford1508 By the time UBI is needed it would be a bit late to implement it even if it'd benefit people. What should be done is to implement it before people lose their jobs. People in general are idiots and many don't think that far ahead. One day that factory worker or farmer will be out of a job because a machine can do it better and cheaper and they'll stand there having to look for a job in a society that may not have many jobs for a person of their experience or be very friendly to the unemployed. If UBI was in place then these people will have that security of not going broke as fast and actually have time to get things in order, such as either finding a new job or move.
I'm all for romanticizing dystopia, but it's not something we should aim towards in real life. All being unprepared for the future will do is increase the amount of misery across the board. Unemployment would be the least of our issues. Crime would rise significantly, so would drug use and general unproductivity due to unhappiness and depression.
That means less innovation which in an innovation driven economy means less money to go around. Startup companies would fail more often than not and the only companies that will be able to stay in business are the ones already filthy rich or with ties to the government. The government would eventually be forced to take a more authoritarian stance to deal with all the problems they created or allowed to happen. This will lead to more conflict and more death. Civil war is a possibility. With more advanced weaponry this can get messy real fast. Eventually society will balance itself out but not before a lot of people have died and there is no trust or hope left. That'd be a very unforgiving society to live in. It'd make for a great game, not so much for reality.
fisyr or maybe they'll just murder most of us
This is true, when most of the jobs are taken over by Ai and humans are less profitable, then we can transfer the work to them and we can live lives of luxury on the backs of Ai's work... I promise it's not an allegory for slavery
Automation will increase the number ofjobs, notte opposite.
Corporation: Replaces all the workers with automation.
Workers: Have no money to spend.
Corporation: "Why is nobody buying our stuff?!?!"
Current system
Corporation: replaces all workers with automation
Workers: have no money to spend
(Option 1)
Credit card company: here's money
Workers: buys stuff file bankruptcy
(Option 2)
School: here's money
Workers: school loans own me can't discharge them, if this doesn't work I can go on welfare
(Option 3)
Welfare: here's aid but only if you meet a certain threshold
Workers: well then I guess I can't report additional income
*Tax payers:* 😣
Freedom Dividend system:
Corporation: Replaces all the workers with automation. Now funding UBI with VAT
Workers: has little to spend
Workers: I can breathe, let me find a good job that I might enjoy and make more money
*Credit card companies and Banks: our predatory traps aren't working, how can I own their souls?*
@John Smith you can disagree without being viscous. That's being a dumb dumb.
@@aaronlandry3934 I'd be happy getting something back from all these companies using my data.
@@aaronlandry3934 it's extortion. Either don't participate in modern technology and keep your data or do. Alaskans have at least a kickback from the oil on their land.
@@aaronlandry3934 you're right it's perfectly legal, how does one propose to create digital rights? If there were no drilling rights in place wouldn't it be the same?
I don’t think UBI would push everyone out of working. Obviously it might for some but as someone with a disability who has to take long breaks from working/school for my health, having loads of free time isn’t as fun as it sounds. It’s great for a couple of weeks but after a while it gets boring and you just feel useless.
A big problem about the "handout" way, regardless of the amount is that it can lead to 2 possible bad outcomes:
1) most people still decide to work, either because they need more $$ or want more money. Thus they just get a bit more each months. If enough people continue to work the market price will shift to higher price because most people are making more. As a CEO it's a no brainer to raise the price of bread by $1 if everyone is making $1000 more each months.
2) Forcing to cut hours. Or pay. If the "minimum wage" is 2000 (for easy maths) and the UBI is 1000 untrained labour for "minimal wage" might not still play 2000. Because you already have 1000, you only need another 1000 to get to the same amount of wealth. Be it via pay cut or forced reduced hours it's a thing that would certainly happend.
In Switzerland, a form of UBI was tried and it lead to exactly that. The numbers and proportions might not be accurate (maybe they still got 1500 from work + 1000 instead of 1000+1000) the the principle behind it stays the same.
Counter points for 1.
*People having a universal basic income means more people will be able to buy those same products at it's original dollar, things like food especially would have more people consuming those products and those companies would make more money off of that fact. More people that can afford a product means more consumers
* price competition would still ensue, even though some companies may charge more for their product is some companies can easily compete by keeping the price of their products the same. While at the same time making more profit because there are just more consumers.
* I'm not saying that prices will not go up to a certain degree at first, but price competition will probably bring it back down to something more negligible to the point where UBI still puts the large majority of people in a better position.
Counterpoint 2.
As the video pointed out, having a UBI would create an incentive for workers to ask for higher pay and less hours.
*How? Because having a guaranteed income at a regular basis no matter your employment status, incentivizes people to take more risks with either finding higher paying jobs OR asking for higher pay and better benefits.
Think about it, if you are already working at a minimum wage job and are not afraid of losing that job because you have a guaranteed income... You will be braver in asking your boss for a raise because you won't fear job loss.
* This will inturn create competition of employers to incentivize employees with paychecks and benefits in order to keep them.
Side note on your first point.
The only thing I can see being a real problem with increased prices are in Rents and Mortgages. Landlords may increase prices to the Ubi because they feel they can, and there aren't any regulations that dictate how much a landlord will charge for property in many places.
*However, as stated in the video, and this may incentivize people to move out of large cities and living in more rural places. This is actually NOT a bad thing, huge metropolis areas have been soaking up populations out of small towns because they provide more work. With a UBI, people would be able to create better economies within smaller towns where they can open up small businesses which would hyperstimulate small economies everywhere it would inturn grow national economies as a whole.
@@BiggySeth Counterpoint to your counter point one: Alaska has a pseudo UBI system, and despite it being out in the middle of no where, and all and all the desirability of living in Alaska to be pretty low, it has one of the highest cost of living in the nation. In fact one of the main selling points on if it worth living in Alaska is that they pay you to live there.
@@RenScorch annnd... He never replied lmfao.
I guess he didnt read my last part where I said my points came from experience 🤷
Wait a minute...
$1000 a month? I've heard that before...
Yang!?
Mathematics, actually
@@frankblac3234 Yep. Math is awesome. You quickly understand how inflation works.
if the future plan for us is to own nothing and be happy then what will we need money for ???
@@darlivinglife2019 something makes me think you have no idea what youre talking about.
I think youre thinking of Communism, where everything is government owned and you have no choice of career.
We're talking about capitalism, where almost everything is privately owned and you pick where you want to work, but the concept here is that government pays you a minimum stipend to make sure you don't, you know, suffer from poverty.
@@starlight4649 maybe you should update your research .. ubi is what "they" plan on giving people when robots take over all the work.. it has nothing to do with capitalism anymore its all about dictatorship.. WEF great reset .. you will own nothing and be happy .......or havent you heard..
I can confirm this my family lived in low incomes housing and got section 8. As soon as my mom made a little bit of money or I worked part time as a student they take a way the benefits.
I had food stamps for a little bit. My boss at the time gave me a raise and as soon as the food stamp folks found out, they cut my $200 to $17. This was when I had paperwork PROVING all my money from work went to bills and rent alone. The united states is a joke
Well that is why the current system is flawed. It encourages you to stay in lower income brackets.
I mean, a UBI isn't a huge improvement, since under Yang's proposal people would have a choice between our current welfare programs and a UBI. A jobs guarantee is the better proposal
Definitely, having a job can be very important mentally. And also let’s you have more controll over your life
@@bobro8086 Yeah, that's a factor that people don't really think about. There are often mental benefits to having a job, which is one reason why I feel like a jobs guarantee is superior to a UBI
That Sims-like music in the background was very nice lol
This would help a lot of people mentally imo. You don't have to be thinking of just giving up on life if you lose your job or something because youll always have the minumum at least
It seems like a foundation, where most would be happy to build up on knowing that if the building falls they still have the foundation left to try again.
You mean how many European countries live today, just in slightly more complicated fashion. This comes as a major shock to many Americans....
@@MichaelGGarry as an european this seems to me more like a simpler more effective and less expensive way of doing what our social services try to do... but honestly idk.
Cus don't think european countries are the poverty free utopias that is kind of imagined in this video :/
lol it wouldn't much more than foundation because this shit would literally bankrupt the country, especially on top of every other ridiculous social/welfare systems we already have. Why don't we just remove all the welfare garbage and let the economy grow, cut government spending and taxes. We would all be richer. Let's not spend on worthless people. People who has no skills and no wish to work should just go die in some forest like a gentleman - that would be best for everybody.
@@sten260 You do realize that a lot of people simply do not have a choice? Let's just say a kid born from a poor family (people simply can't choose where or from which class of family they'll be born). If there are no welfare systems, a lot of younger generations born from the lower class would not even have a chance to do better at life. They cant even afford basic things, such as food, place to live, and education. Stop talking nonsense about a utopian world where tax are not needed. Who do you think made our infrastructures (roads, public transports, public schools, etc)? If you say, our government need to do better at spending it? I would definitely agree.
like the best kind of hope + human virtue
So glad to see the mention of welfare being a ceiling. I'm in this right now. My partner is working full time and I would like a job. If I get a job I lose my food stamps, health insurance, aid on my power bill, etc. The total amount of money we save by keeping me out of work is about $300/mo more than if I just had an income. So it makes more sense to stay at home. We can't afford to have kids, pets, trips, or other enriching experiences so at 24 I'm facing a choice of eating that $300/mo dip and just being the most impoverished Ive ever been and staying there for a while until one of us makes more money or just continuing to sit at home folding laundry and cleaning the counters for several hours a day. It's not a life I want to live.
It's tempting to say this is by design, that the system is a sinister mechanism to maintain a dependent poverty class. And for some elements, this is true. But sadly it's a lot simpler to say that this is a system designed by very comfortable people, who have no idea how the poor live, it the barriers they face ☹️.
And I'm so sorry this is your situation. It must be incredibly frustrating and difficult 😥
You make it sound like all jobs pay the same... Find a job that will pay you well enough or learn a new skill to be able to get one.
@@flynn9214 I've only ever worked in customer service. The most I'd ever make is min wage. I'm going back to school now but with how flooded my local job market is, without full open availability I really don't qualify for any jobs in my area. Once I'm done with school though I'll be able to go into a new field that starts at $18-22/hr but I have been very fortunate to have someone take care of me while I go to school.
@@howtohuman6903 :) I wish you the best! While staying home, the internet is a great place to learn a new skill or refine something you already know and it'll definitely help!
You're already doing a great job at that because you're on this channel so it's only a matter of time before you'll make it out of this, happy.
Ai is going to bring ubi and I couldn’t be happier
"I want you ducklings" on the populist part lol 😹 it's the subtle stuff that always gets me in these.
This vid is so accurate during the time of covid 19 for me.
I am an uber driver.
During these hard times know as the days of covid 19, my income has dropped greatly.
But due to how uber is treated, i can't apply for PUA (pandemic unemployment assist).
I applied for standard Illinois unemployment.
Well, the rule is, if i make over $183 in a week, i don't get unemployment. Makes sense. However, i also don't get the $600. So 4 weeks i worked that i got more than 183 but less then $783, i did the math, if i was lazy i would've made one thousand more than if i didn't work *at all* -_-. I literally feel like the guy on the bike, being punished for making more than $183, yet losing money because i made less than $783. Like the system is seriously designed to work against someone trying to leave unemployment and poverty.
Really? Imcome has dropped due to the pandemic?
@@billwight8539 yes for many people, that's why they're trying to get people back in jobs so bad because many people are complaining, but for some it's good as they get paid for no work
That's the point, Capitalism needs poor people. You need to be poor
@@billwight8539 It will especially due to economic recession. Take India, the government here did its best to make sure wages don't drop and the end result was a major loss in the GDP of the nation. Still the government decided to increase taxes on the rich people and made sure its citizens were doing good(this is the other side, i.e. what the Indian government decided to do in contrast of other governments) instead of trying to stabilize economy so that it keeps growing. The poverty reduction campaign did not stop and instead gained more momentum
@@acommunistwithinternet9927 This is very interesting! Are people happy with the results? How much were taxes raised? Pardon my ignornance, but also, im not sure if your remark about the poverty reduction campaign growing is meant to be understood as a good or bad thing (because its 2020 and I'm very cynical lol). Can you clarify that?
The key is in the name. Universal BASIC income. To provide basic housing and confort. People will always want a nicer house, esteem and belongings, so they will strive to get that. Only with a basic income it will be things that they want to do. Passions like stem fields or arts.
Also people don't want a 'middle class' existence. We need to eradicate the conditions of a 'lower class'. We need 'haves and 'have-mores' and not 'haves' and 'have-nots'
alot of people are happy with a "middle class" existence. I'm currently a student, I can afford my own flat and work a little for my luxury items (have student loans for the rest) I essentially live on Ubi already, and it's great. I would love to spend the rest of my life in the world I have now, reading books, doing research on interesting topics and creating art. all the while I use the bit of work I do to buy luxury items from other creatives. or spend my time watching adds to support them.
Exactly. Theres too much of an absolutists narrative around how ubi would impact people's relationship with work. The idea that we would see a large scale of the workforce disappear or decline because their basic needs are being met is ridiculous. Its literally human nature to want to work in order to better provide for yourself. If you look at the opioid epidemic that's affecting working class men in particular one of the most concrete findings is that one of the most prevalent cause of addiction is due to the dissatisfaction that comes from unemployment. People want to work, people want to contribute something. Just because your most basic needs are met doesn't mean that you retire from life.
There is no such thing as have nots in Europe. Everyone is provided with accommodation, money for food and basic needs, free education and either free or subsidised healthcare.
@@krissyb6689 There's an increasing dependency on food banks all across Europe.
Multiple countries are facing a housing crisis with a real probability that most people will never be able to afford mortgages, renting until they die.
Europe has many problems, especially a problem with have and have nots. We would absolutely benefit from a UBI.
@@aaronlandry3934 Exactly, everything you just said does not apply to everyone and there's no reason it shouldn't.
The welfare system in America absolutely disadvantages many people who are on it, often removing benefits from people who see marginal increases in their income, increases that can't support a life without welfare, creating a welfare trap that would only allow people to come off benefits if they seen substantial increases in their income, which doesn't happen often enough.
And on the topic of student debt, America has a $1.5 trillion dollar student debt crisis. There are retired military vets who have been on multiple deployments who default on their student debt payments. You could go bankrupt and your student debt doesn't get wiped, as soon as you get back on your feet your student debt payments start coming in again.
The level of poverty in America, which is already quite high for one of the most advanced and wealthiest countries in the world, isn't even accurate. The policy around how we evaluate the poverty level deliberately manipulates reporting methods so we don't recognise how bad the situation already is.
To say that America has a function welfare system, a system that would do a better job of supporting people more than UBI then you really need to start looking into the research of UBI, especially as it relates to the current welfare benefits. Also UBI isn't a replacement of welfare benefits, it exists beside them and is an opt in system so if your current means of welfare are working for you then you absolutely do not have to give them up or see them change in any way.
Honestly eventually automation and the eventual moving of available human jobs mostly to the creative sector (something which can't really be automated until the singularity) would likely force a UBI to be mandatory in first world societies because all the cheap labor/entry level jobs that could be selected would be automated.
Great video that takes both sides. I think we need to find a balanced UBI that establishes that "floor" so people actually have the ability to improve their living conditions
I wonder if the coming wave of people stuck at home with the desire to be productive will change perspectives on UBI at all?
I think it is. It's becoming very obvious that people DO actually want to work, and that those people who are essential to society's continued function are underpaid and undervalued.
Kerry Michael Even if there is UBI people won’t stop working.
Kerry Michael you are right, I’m nurse in ER and tbh I feel we don’t get paid enough for the amount of risk we take and violence we deal with, and now with covid we risking our lives and lives of our families. And I can’t stand the argument that people will bring in re “you should be in this profession not for the money” well unfortunately me and my family don’t eat air and when nurses get physically assaulted it’s not like you feel you got “ showered with gifts”
Kerry Michael the only problem that I keep seeing people just pass over like it’s nothing is that people want to be productive but they wanna do entertaining or interesting things like write, program, exercise, paint or create rather than things that need to be done like paperwork and the world can’t run just on nice artistic works, we also need the people who lay pipe, do construction, drive large transport trucks and all that Jazz. We may be getting better at automation but we still need people to do most highly intricate work that requires critical thinking
@@woodsytheowlscharedcorpse4761 most paperwork does not need doing - it's to do with bureaucracy - a type of made up job. Most real jobs, such as bus drivers are overworked transporting people to their fake jobs that don't need to be done. Since the Industrial revolution - where goods could be produced in excess - governments began making up useless jobs for us to do. I believe to keep us unhappy so, bring on the UBI
The way our society is built, it’s very hard to escape from poverty. Having the basic needs met makes it much easier for people to utilize their income in improving their lives.
Any capitalist society relies on the lower classes to scare the shit out of the working class. Especially the homeless! Why do you think in the States the possible homeless surge & people not wanting to work stories go hand in hand? You think those Walmart employees want to be there? You pay them a bit more than the minimum, but not an actual living wage. Watch your stock soar. Sell. Profit. Repeat ∞
@David Henry Ah, yes. Bootstraps & all that
@@Busto "Just go start a business!" - Every Capitalist
@@SkyenNovaA i mean, if you have a good idea for that business the quote actually works. you just need the right advertising and the right people to listen, which eventually comes.
@@boop3750 if every single person on planet earth had a brilliant idea for a business, there'd be no one to work for the businesses. Capitalism encourages a bottom working class
having UBI and still having majority of people in the workforce sounds good :)
I think the argument that people not NEEDING to work would mean that people stop working assumes that people only want to live and nothing more. But no. People have hobbies, they have social lives. They have families, and gym memberships and streaming subscriptions. There are so many non essential expenses.
People would work so they could afford more than the bare minimum, and the people who really want luxury could be incentivised by those less flattering jobs if they enabled that kind of lifestyle.
"I Want Your Ducklings" ... I couldn't help burst out laughing, good stuff. Love the subtle humor in your vids.
What's the timestamp?
@@theboxygenie 8:10
Thank you for the video!
In Finland this is the system we are going towards. Practically speaking, we already have basic income for everyone, it just has different labels (unemployment benefits, sick leave, social benefits, pension etc etc). The only problem is the difficulty of accepting jobs (which was stated in the video) which leads to gray market pay and passive lifestyle due to it being unwise to accept small, part-time jobs.
Not paying basic income on the other hand would lead to a rise of crime, when the poor would try to survive by any means necessary. *In Finland, police has killed 7 people in the last 10 years.* We also have universal healthcare for all, public schools for all, free universities and no gated communities.
I strongly believe that UBI would be the best solution for all, including the wealthiest 1% - it would provide them a safe country where there could still be money to be made, and a content population which would happily do part-time jobs for companies and then spend money care-free for their products.
Karel Liinaharja the most sensible response to this video I have seen so far. 👍
Can I say I just love so many of the policies and ideas that Finland has pushed forward in the last decade? Seriously guys good job
Karel Liinaharja Congrats on doing better with your country in 100 years than many other countries have in multiple times that amount :)
You mean Finland isn't run by dirty commies? Somebody tell America!
But how does this explain the overall downward slope in Finland's GDP over the past 10 years?
UBI is needed anyways. We need to end poverty.
We?
I would learn one field to its absolute understanding for most of my life and give a vague hint at what I had discovered at the end of my life
Inflation occurs when a central bank increases the money supply (the actual number of bills in the economy). Examples of inflation are Germany after WWI, and Zimbabwe more recently. In both cases, the government printed more money than value created, so each piece of money became less valuable (this is inflation).
A UBI only redistributes money that already exists. It might have an effect on prices of low-priced goods (like bread, since there might be more purchased), but it couldn't directly affect the prices of high price goods (like Lamborghinis).
Lowgos only a benevolent dictatorship could do this successfully but people would rebel over the lack of privacy
The government already inevitably does inflation, and would have to do so to pay off for UBI. Inflation happens because the people have too much money, and all the companies would charge more.
Actually the rich may only be able to afford 3 Lamborghini's instead of 4 due to the slight fair redistribution. So the price of Lamborghini's might fall.
Mark Gigiel You're right!
Flamix Flame Why would there be a lack of privacy?
I would wish UBI already exists, I had to make a decision either pay my bills and my food or keep studying. And unfortunately, I had to leave my studies and that just destroys your soul.
And believe me, this is the hardest decision when you really like something that passions you.
That's why 1st World countries pay education with taxes
Nothing is free! Free Extra 1K every month means extra rant payment, extra groceries prices and more. If you tax rich even more they will just leave the country and pay nothing in tax. As simple as that. Welcome to Capitalism.
aside from the discussion in the other comments, what study were you forced to leave?
I'm sorry, that genuinely sucks. Good luck, and I hope you can return to your studies soon.
@@human-ui9gy Software engineering.
Considering that Machine Revolution video they made this could very well become necessary for most of us.
People who think receiving UBI means people just sit and watch paint dry is crazy. People are still ambitious.
I have 500-700$ dollars at month. If I would have extra 1000 dollars that will make my life much easier, but I will still come for my work, because in fact, I don`t really know what else to do, and i like my job.
Well this is basically why universal basic income is a far more a futurist concept. Let's say we lived a a post scarcity civilization where you could go to Mars for $50 and get a steak sandwich for free. In this situation, most jobs are likely already covered by computers or robotics so every human can either make the same or even nothing while only those who are required like say technicians will get get paid or make more. This is the basic concept of universal basic income, it is something not achievable in a normal world. At some point all jobs may be covered by things like robots that can be made not to care about training or monotony and at that point UBI final becomes possible. This is why UBI is the system you see in every Utopian society imaged as it is theoretically the most fair system for all individuals. This is the basic concept for tier 3 civilizations.
@Jan I still say we are a bit too early yet for UBI. IS UBI is the perfect system, yes, but it's only viable after the age of man having a job. Once automation fully takes over it will be the way to go forward, but until then it would just would be a twist on communism. Communism failed for the simple logic that making people be paid equal for jobs of varied difficulty and expertise weakens the point of whole careers and is unfair for those willing to go the extra mile.
Because of this, UBI only really is viable once automation has taken over, or all people do very menial tasks. Because of this, the best method for now is not UBI, but to get us closer to UBI. We start by cutting down on how high someone can profit by making taxes more exponential as you make more (making a physical cap on profits) while also raising the minimum wages (which is minimizing the minimum profit). This will slowly encroach inward till we get equality when the market becomes fair. This is just a rough way to get there, but it's a plan.
@Jan well like I said, the in between is to pull up the minimum basic income (whether that be as a minimum wage or the minimum is given by the government and anything else is earned) while the richest are slowly throttled down to the same point. that way you slowly funnel down both sides. And it has to maintain momentum with automation so as bigger jobs drop the moves are more extreme (for example, truck driving is the biggest career in the US, the moves to make up have to be big).
That's just my idea. In practice I feel this nation is a big too conservative to allow this idea. We will probably go the more conservative way of raise the minimum wage slowly till automation becomes a real problem followed by a huge push to basically make minimum basic income required for people without jobs as like a weird medicare style system. Remember that we do live in a pretty corrupt nation.
What incentive would there be to work at all?
@@SOmeONe-id1wh if say this was a base pay and you make more on top of that. $500-$700 a month is F all in reality. Not even $10K a year. But it does mean minimum wage is now slightly more viable.
Yang Gang we out here non stop!!!!!
Warsin
Yang Gang!!!!
Yang2020
Aaron Landry
Well he’s gotten 5% in a poll
So you are already proven wrong .
You doubt him and that’s fine
I don’t
Yang2020
Aaron Landry you are foolish to trust polls.
You’re smart enough to know that Trump is president to prove that.
Now I’m an early adopter. So months ago thousands of people in swing states switched over in primary states and millions of new voters aren’t registered in polls.
He stated months ago he will take the nation by surprise when he wins Iowa and New Hampshire.
He’s got it all planned out.
YANG GANG! TRUST NO POLLS! do not let those numbers bring you down, those were the same polls that had Hillary winning the 2016 election by 99% LOL
Aaron Landry he just hit 7% in California.
Bud. Surpassing Harris in her home state.
I don’t understand how all this is going over your head.
People would have restaurants and other businesses, not for profit, but for a hobby-like activity.
Sisko’s dad from Star Trek Deep Space Nine is a fictional example of a Universal Basic Income of medical, housing
This is a great video they should show this in the job centres based in the UK, I think it would boost people's confidence in looking and getting work. Especially the parts where you could potentially find a partner and new friends when working that's always a big bonus and boost to people mental status.
You asked if universal basic income is a good thing... no it's not like you said in the video different locations cost different for living, it discriminates not race, Education, mental status or sex but the area you live in. Plus people can figure out the pros and cons and claim benefits when they don't really need it.
If I didn't have to worry about my basic needs, I would volunteer for community service. Animal rescues, cleanliness drives, all that sort of stuff.
If it weren't for needing money, I'd work in animal care. But the job just doesn't pay enough.
I'm too squeamish and emotionally weak to do surgeries and all that, but messes have never grossed me so I could do those jobs like on that Animal Cops show where they rescue cats from abandoned homes and the like. Collecting the animals. Or helping by making sure animals in care are fed, medicated, and clean.
No you wouldn't. Your deluding yourself. It's nice to speak in hypotheticals. But if you would do it, then YOU WOULD DO IT. you can "survive" in the US, begging 2 days a week. Spend the rest of the time working beating off dogs or whatever you want to do. Youve been tricked by the media to think you need all this dumb crap you don't need.
@@kaufmanat1 you realize all the land is owned by the government and is taxed, right? Even if you wanted to "live off the land" you still need a job to be allowed to even live on that land.
@@jadecoolness101 false, you can pitch a tent and camp in any national forest completely rent and tax free.
You may not realize how big the national forests are in the US. They're bigger than some European countries. Our largest national forest is bigger than Switzerland (almost twice the size of Switzerland). And that's all free land you can live on rent and tax free. No purchase necessary so long as you're a US citizen. You can't build on it, only camp. But to be fair, if you cut down some trees and build a log cabin, it's pretty unlikely anyone's gonna notice. Camp fires ARE allowed.
National PARKS are a different story.
Stop the cap ✋
If I had 1000 extra dollars a month, I'd still work for sure. I would just be able to realistically pay off debt and then do more fun stuff instead of worrying about how I'm going to pay bills
DragonCharlz except you would adapt to spend more money every month and be right where you were just in more debt 👍🏼
Shrinks would problably loose clients.
@thestackedhouse Good for your bloody grandparents for working hard. There's this thing called human progress. It's not a bad thing if life gets easier for subsequent generations. It's a good thing. Capitalism has generated tremendous wealth. We should invest some of that wealth in the people, giving them the means to pursue their goals. Poverty is a trap. A UBI would help people escape poverty.
@thestackedhouse Just fuck off dude, you aren't welcome in our society with that attitude.
@Grant Erickson hey chungus, by 55 your life's over, thank you very much.
I think $1000 is a great way to start honestly. Rising wages is becoming more and more difficult to compete with living costs without putting businesses out of business. That small ubi would allow people to splurge just a bit more.
We need Universal Basic Income UBI
If UBI was implimented in the USA, the only difference for me would be how much I voluntarily gave to charity organizations that provided for basic needs. I love my job (electrician) and as long as I could continue to enjoy my upper-middle-class quality of life, I would work my standard 40hr week, if not more, because I love what I do, I am good at my job, and I derive a lot of meaning and pleasure from knowing my work is meaningful and that my community, city, state, and nation rely on people like me to keep the power flowing.
That's exactly the point, now people can do what they want and passionate about without worrying how to survive. Many people think UBI is bad because it's made people lazy but that's wrong, because living on UBI mean you just survive with just essential like only food and home but people doesn't want to just survive, they want to enjoy things and because of that they look for jobs, jobs that brings them meaning
People would go to work happy if work would not be slavery. Last year a employee in Nokia factory in Romania suicide by jumping off 5th floor. The reason was pressure from work.
yeah fuck you , money should be hard to get not free
I would probably work less hours, like 30 or 35 hours a week, but definitely would not stop working.
@@fluffycorn_njst stop rambling you have no idea how the world works and what money is.
"The point is to have people EQUALLY not worry about their necessities to survive" that's as wrong as it can get it, the goal should be exactly opposite.
Imagine a scenario: I buy a cheap beat up used car and spend a year fixing it up by working on it spending a lot of time and energy. Now comes you and you have an ability to print money. So you offer that same money that you just printed up in 5 minutes for that car. Now is this something that makes sense to you? If you compare the value of my time and yours then it's obvious that the car is much more valuable than your useless currency. Give me gold or silver or something you can't just print and have an actual value. Now if it was not possible to print currency and you had to spend 3 years to save that money THEN I would sell the car to you. Because it took you 3 years to get this money, that makes the money worth the car. Do you get it now?
What I love about Kurzgesagt is that when they upload a video you feel a relentless urge to stop immediately everything you are doing and just dissolve into their new masterpiece! That’s what every UA-camr should aim for - views, subscribers, engagement should not be the top priority!
But money is important. Maybe with an UBI it would be different :D
LUSCID [your user-friendly guide to Science] Agreed!
i was in the middle of watching a completely different video and as soon as i saw it i came here
I was working and decided this video will be worth taking a short break :)
Yeah!!
It's now march 2023 and a UBI is still a pipe dream here in Australia. You talk about rents. I live in Melbourne, Australia. Housing is extremely expensive. To rent any property even in the regions it's about $800 a week for a house and $550 a week for an apartment. A universal wage of $1000 a month here you'll be living in a tent