Egon [they/them]@hexbear.net to theory@hexbear.netEnglish · 7 months agoA very good twitter thread on UBI, why it works and how it works.twitter.comexternal-linkmessage-square44fedilinkarrow-up19arrow-down10file-text
arrow-up19arrow-down1external-linkA very good twitter thread on UBI, why it works and how it works.twitter.comEgon [they/them]@hexbear.net to theory@hexbear.netEnglish · 7 months agomessage-square44fedilinkfile-text
Also does anyone have a way to turn threads into something I can download, so they don’t get deleted?
minus-squareVampire [any]@hexbear.netMlinkfedilinkEnglisharrow-up3·6 months agoUBI is the neoliberalisation of welfare. Take the weekly amount of money you get on the dole. Let’s say it’s 90, for the sake of the example. Say minimum wage is 200 a week. That means working instead of relaxing requires 110 extra to motivate the worker With normal welfare, the employer must pay the 200. With UBI the employer only has to pay 110, and the taxpayer via UBI pays the other 90 It’s a transfer of trillions from the taxpayer to subsidise scabby employers.
UBI is the neoliberalisation of welfare.
Take the weekly amount of money you get on the dole. Let’s say it’s 90, for the sake of the example.
Say minimum wage is 200 a week.
That means working instead of relaxing requires 110 extra to motivate the worker
With normal welfare, the employer must pay the 200. With UBI the employer only has to pay 110, and the taxpayer via UBI pays the other 90
It’s a transfer of trillions from the taxpayer to subsidise scabby employers.