Frank wrote on Jan 26
th, 2022 at 1:19pm:
Not taking you seriously and not taking an intelligent, well-thought out argument serioysly are NOT the same thing, pal, don't kid yourself.
Nevertheless, you run out of debating skills very quickly, not bothering to debate any of this:
Quote:So taxing billionnairs on their assetts would require thdm to sell some of it to get liquid asetts to pay the fax, unless they transferred shares and stocks to the tax office to own by way of tax payment - a daft idea).
Oh.... you are good at perceiving the difficulties of taxing billionaires, so nuttin' can be done....
Quote:On universal wage regardless of ability, contribution, assetts, wealth etc - this would fundamentally change social relations, creating an underclass from which nothing is expected. In essence it would create a class of people, a caste similar to the untouchables or the pre-emancipation negros, a second or third order lumpen prole class.
Which is why MMT'ers prefer a Job Guarantee....but you of course, deluded by classical economics, fall back to your conservative default position which is ..... 'nuttin' can be done' (aka 'there is no alternative', TINA, proclaimed by that economic genius, Margaret Thatcher.
Quote:As with legalised drugs, the number of 'users' of the universal wage as their permanent sole source of money (plus petty crime) and permenant relationship tie to the rest of society would grow relentlessly.
Some would however take the opportunity offered by the UBI and start their own businesses; but yes - the UBI is a cop-out to avoid implementing universal above-poverty participation in the economy.
Quote:The whole idea of thriving, initiative, effort, excellence, giving it a go, trying again, failing beter, getting up and keeping going - and all the psychological, social, economic, emotional furniture that comes with such age old values would be radically changed in unforeseen but invariably distopian, degenerate ways.
Certainly life on the dole is a a demoralizing dystopian reality.
Quote:Life is not JUST about money.
After you can pay for the basics, eg good housing, good food and utilities.....yes, so true.
Quote:The fatal flaw of the universal basic income is the same one that hampers most existing anti-poverty programs: a lack of emphasis on encouraging work.
More exactly, failure to
actually engage people in work. Quote:Instead, these programs have sought to provide directly whatever poor people happen to lack.
Any work program is supposed to enable recipients pay for basics.
Quote:The result has been more than 50 years of massive public outlays, with little benefit other than making recipients dependent on government.
Sometimes you make a correct statement
Quote:The ongoing rise in worker’s disability claims follows a long string of recent expansions of welfare programs, such as food stamps, housing assistance, and even free phones to boost the standard of living among poor citizens.
Welfare is always a disaster, a stop gap; and admission of a dysfunctional economy which fails to engage everyone according to ability, whether in the private sector, or public sector (which will need to act as employer of last resort, when the private sector cannot employ everyone (which is always the case in practice).
Poor Frank - after all that effort (which I refuted easily) - is too exhausted to attempt to defend any of his erroneous arguments.....
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A wealth Tax Should Be Introduced In Australia (Read 11286 times)
