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originally posted by: DBCowboy
a reply to: syrinx high priest
I'm not Swiss, I don't care.
But I will call out everyone that candy-coats communism.
originally posted by: DBCowboy
a reply to: syrinx high priest
What part if "It's not sustainable" did you not understand?
Have you looked at the population figures and GDP, tax levels in Switzerland?
Critics warn that the policy would explode the state budget. The Swiss government itself advises voters to reject the proposal, and polls suggest it will fail in a country known for free-market policies and a high-tech, capitalistic financial sector. Proponents, however, insist the time has come for a minimum monthly wage as sweeping 21st-century economic changes like robots displacing factory workers make jobs more precarious in the digital age. They say they're seeking momentum more than outright victory. Read more at: phys.org...
but its all sitting in bank accounts being horded by the wealthy depreciating in value as currencies inflate a
our society is designed to add wealth to the wealthy, basic income would not be maintainable unless that where changed to redistribute wealth evenly,
redistribute wealth evenly
originally posted by: DBCowboy
a reply to: syrinx high priest
Their free market would have to cease to exist in order to pay for the wage.
As it stands, it is unsustainable. Only way it would even be remotely feasible would be to have the government take control of all industry and tax at 100%.
Switzerland's basic income push is among the most advanced in Europe. The Dutch city of Utrecht wants to start a two-year experiment with a similar plan, handing money to residents who already receive welfare benefits. Ralph Kundig, president of the Swiss chapter of the Basic Income Earth Network, said some economists favored the idea as a way to underpin consumption and support the economy. "Our parents, grandparents and beyond worked hard so that we could produce more by working less, with machines and so forth," Kundig said. "The only thing that they did not foresee was that this wealth would only benefit the owners of the means of production." Kundig said studies and pilot projects show people wouldn't just sit at home and do nothing. Basic income is much more of a stimulant to employment and the economic activity of a country," he said, adding it would increase entrepreneurship because people would be less afraid about losing jobs and more willing to take risks.
Read more at: phys.org... more at: phys.org...
OMG the Swiss are going to get fat lazy and eat themselves to death without leaving the couch.
originally posted by: DBCowboy
a reply to: syrinx high priest
I don't have a dog in this fight. I'll still call this a precursor to communism.
You can call it whatever you want.
originally posted by: onequestion
a reply to: DBCowboy
Your perspective isn't reflective of the modern paradigm its of an older age where machines and globalization played less of a roll.
There is no stopping the inevitability of this happening world wide.
originally posted by: TheConstruKctionofLight
a reply to: DBCowboy
The government would have to own everything and tax 100% just to pay out the "living wage" to it's population.
You're a true "believer". You've swallowed the "red fear" menace pill. 100% of everything? exaggerate much?
originally posted by: onequestion
a reply to: TheConstruKctionofLight
they would have to control prices to prevent hyper inflation and rental cost.
But I will call out everyone that candy-coats communism.