Whether big or small. We all have that one thing from Scifi we wished were real. I’d love to see a cool underground city with like a SkyDome or a space hotel for instance.
Whether big or small. We all have that one thing from Scifi we wished were real. I’d love to see a cool underground city with like a SkyDome or a space hotel for instance.
Why not just distribute the resources themselves, rather than tokens to exchange for resources? If we have post scarcity, we won’t need money
Because distributing resources equally is a bad idea since people are individuals. You’re giving 1 chicken to the guy that loves chicken and the same amount to the vegetarian. If instead you give h both the money for 1 chicken they can decide whether they want the chicken or something else.
Yes, but if you do it in the form of currency without changing the system in which the currency is used, it’s just feeding that system. Are capitalists suddenly going to be less greedy, and more likely to care about their compatriots instead of eager to exploit them because we give them more power and more money?
No. They won’t. They’ll just find better ways to exploit this sudden surge of basically free money.
Sure, other stuff needs to change as well, but using currency for an UBI is the easiest and fastest way to implement it.
I mean… yeah… that’s what UBI is.
I was criticizing UBI as a concept, not how it’s implemented.
I find it funny who ubi proponents say we need UBI because capitalism failed to have wages match cost of living and simultaneously say UBI will fix it with capitalism.
Housing is expensive because there isn’t enough. If capitalism could fix it, then housing would have at a minimum matched inflation and should have decreased in price because of technology improvements. So giving people more money absolutely cannot fix the housing crisis. UBI would be a handout for landlords.
When demand is the problem in a supply/demand economy, you can’t fix it with more demand (cash).
Capitalism fails to meet housing demand because it is constrained by regulations about things like single family zoning, setbacks, parking minimums, or minimum floor areas; and because the perverse incentives of current taxation schemes regarding the inelastic supply of land don’t incentivize land owners to put their land to its highest and best use.
Housing is a bad example of capitalism failing because the problems developers face are extremely well known and understood. Remove the frivolous regulations, adopt a georgist tax policy, and build good public infrastructure, and you’ll get far more housing than you currently have far faster than you are currently building it. Could government do better? Maybe… but I have yet to see that evidence.
That’s not true because when given an opportunity to build housing, developers always choose to build higher margin premium housing. Capitalism incentivizes profit and there’s no profit in cheap housing.
There is plenty of profit to be made in cheap housing, just like there is plenty of profit to be made in cheap food. You can go to the grocery store right now and buy a tomato for not very much money, and the store that sold it, and trucker who transported it, and the farmer that grew it will all make money - despite food’s famously slim margins.
The situation with housing is more like this: the government has dictated that only 5 acres of land in the country can be used to grow tomatos. And each tomato plant can only grow a maximum of 10 tomatos. If you are a tomato farmer, what do you do? Well, since you can’t grow as many tomatos as you want, you start looking for ways to increase your margin on each tomato you sell - selling the most appealing, perfect, organic tomatos you can.
So it is with housing. When the government finally approves the development of some denser housing in a desireable part of town, the developer wants to build the highest margin housing that they can, since they won’t be able to build 50 more apartment buildings. So they build luxury apartments. However, if the government said “you can build as much and as densly as you like on any plot of land here”, then developers would probably start with more luxury housing, but would likely run out of luxury renters quite quickly. But then they would simply seek out more profit with the slimmer margins available in affordable housing development.
Capitalism means that they stop building before the price dips below wildly profitable, because capital is risk adverse. Capitalism won’t, not can’t, fix these problems.
A large institution may be risk averse. But a smaller firm trying to gain ground in the market would likely be more than happy to take on the risk and slimmer margins. After all, if capitalism wasn’t okay with slim margins, then restaurants and grocery stores wouldn’t exist.
Given that capitalism is a system, not an individual with intention, “won’t” is the wrong word.
You don’t need currency for that. You just need a request system. And ideally some form of moral rejection mechanism that refuses to distribute sentient beings as resources. I didn’t say it had to be distributed equally just because there’s no money.
Chicken and vegetarian was just an example, also the chicken was implicitly dead in my example so it was no longer sentient, also also there might be non moral reasons, which paint color do we give people for their walls? How often? Etc etc etc.
In the request system you propose there needs to be some sort of pointing or valuation, requesting a car should not be equivalent to requesting an apple. Whatever form of valuation you use for that, there’s your currency. Not to mention that for the requesting system to be able to work the government would need to own all products so it can redistribute them according to requests, and what would it do if 100 people requested something that only 50 were made? It’s a nice idea but it becomes very complicated very fast, whereas using currency takes away all of that complication and gives you something tangible that could be implemented tomorrow instead of in 20 years being very generous.
Oh, is that all
There’s a few reasons. Firstly greed is a motivator, and people work hard if they believe they’ll receive more for more effort. This gets people to go out and generate the resources that need to be distributed. Second, fungible tokens allow people to trade on the open market instead of having to find a particular person who is willing to trade say, a worm gear for a bale or two of cotton. The token is the middle man that allows someone trying to sell something sell to someone who doesn’t have what the seller plans to finally trade for. That’s why money started to exist in the first place.
Even in a communist system, there needs to be a way to transfer the results of labor into the things a person needs. Money is that way. Even if it means everyone gets the same amount of money to buy what they need. Everyone’s resource needs are different. You can’t just say everyone gets the exact same everything.
Finally, we’re not post-scarcity. Not really. Until resource manufacture is so automated that it doesn’t require people to do labor to acquire it, we either pay people to do the labor or we force them to via slavery. For that reason alone, we need money.
As I said to the other person, there can be a donation and request system to make sure everyone gets what they need, without tying money into it and having this weird limit of the amount of stuff people can get, and tying the idea of value to it all.
What if you make a request and no one wants to donate what you need? Would you not then want a way to incentivize someone to make the donation, or incentivize someone else to make more of what you need?