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A very good twitter thread on UBI, why it works and how it works. (twitter.com)

submitted 2 years ago by Egon@hexbear.net to c/theory@hexbear.net

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Also does anyone have a way to turn threads into something I can download, so they don't get deleted?

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[–] oktherebuddy@hexbear.net 7 points 2 years ago* (last edited 2 years ago) (2 children)

I've never heard an explanation for how UBI isn't just a handout to landlords & other owners of real estate. Those costs aren't counted in inflation metrics btw. We've turned a necessity of life into an investment vehicle and it has to generate returns by squeezing people as much as possible. UBI gives it more room to do that. Even if UBI is implemented you think you'll be able to index it to real estate returns??? Even indexing it to inflation sans real estate is unlikely. Minimum wage isn't indexed to anything at all.

[–] JohnBrownNote@hexbear.net 3 points 2 years ago

ubi would be fine enough if we did some maoism first, but the suck dems and whoever else proposes it won't even call for rent freezes

[–] Egon@hexbear.net 1 points 2 years ago

Fair question! The thread which cites 91 studies does touch on that I'm sure. I'm only just skimming it right now.