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300 points pseudolus | 1 comments | | HN request time: 0.297s | source
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BrenBarn ◴[] No.44410806[source]
> I heard one answer more than any other: the government should introduce universal basic income. This would indeed afford artists the security to create art, but it’s also extremely fanciful.

Until we start viewing "fanciful" ideas as realistic, our problems will persist. This article is another in the long series of observations of seemingly distinct problems which are actually facets of a larger problem, namely that overall economic inequality is way too high. It's not just that musicians, or actors, or grocery store baggers, or taxi drivers, or whatever, can't make a living, it's that the set of things you can do to make a living is narrowing more and more. Broad-based solutions like basic income, wealth taxes, breaking up large market players, etc., will do far more for us than attempting piecemeal tweaks to this or that industry.

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GLdRH ◴[] No.44410825[source]
Except that socialism has failed already.

Universal basic income is impossible to justify morally.

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eru ◴[] No.44410924[source]
> Universal basic income is impossible to justify morally.

It's pretty easy to justify morally. I mean at least as easy as any other welfare.

The net payments for UBI plus (income) taxes don't have to look to different from what many countries already do today. It's just the accounting that looks a bit different.

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foxglacier ◴[] No.44410995[source]
By morally, he might mean it creates a moral hazard. I know that when I was poor, I worked only the minimum to support myself. If I had UBI that covered those costs, I certainly wouldn't have worked, so there'd be less productivity in the economy.
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1. eru ◴[] No.44411035[source]
Well, exactly that problem already exists qualitatively with current tax and welfare systems.

Whether UBI would make the problem quantitatively worse depends on the exact design of the UBI system you have in mind and the current system you want to compare it with.