This House Would Introduce a Universal Basic Income | Full Debate | Oxford Union Web Series

This House Would Introduce a Universal Basic Income | Full Debate | Oxford Union Web Series

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@prasadfakrabadkar7743
@prasadfakrabadkar7743 - 09.08.2021 21:02

Time kya hua hai

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@sparkymmilarky
@sparkymmilarky - 09.08.2021 21:03

I am sympathetic. No more welfare, everyone gets 1k.

I don't want to pay for some loser to not work. But knowing i get 1k extra to my paycheck would be nice

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@vulkanofnocturne
@vulkanofnocturne - 09.08.2021 21:29

Would UBI cause inflation?

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@sunnyfairclough2906
@sunnyfairclough2906 - 09.08.2021 21:51

Masonic Puppet Show. Your day will come

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@Semper_Iratus
@Semper_Iratus - 09.08.2021 22:06

Socialism is cannibalism.

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@richardcraniumrocks
@richardcraniumrocks - 09.08.2021 22:33

Children barely weaned from the marxist breast, alongside standard issue useful idiots to add gravitas, Oxford has fallen, ask Bill, Melinda & Stormzy.

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@jeffpendergast7713
@jeffpendergast7713 - 09.08.2021 22:36

Without UBI we are entering a techno-feudalist era.

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@sydneyloli5849
@sydneyloli5849 - 09.08.2021 22:41

UBI looks good on paper, but you know what else looked good on paper? Communism, and we saw how horribly that went.
PS, who is the beauty at the bottom right corner? Wow

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@Platinum1812
@Platinum1812 - 09.08.2021 22:57

As long as that house pays for it by itself it can do whatever it pleases.

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@sss1977
@sss1977 - 09.08.2021 23:13

UBI is a missing foundation underneath our societies and our economies. By virtually eliminating poverty, and greatly reducing financial instability, chronic insecurity, and extreme inequality, UBI would save a great deal of time and resources currently invested in the downstream effects of those things, by functioning to prevent them at a much lesser cost. Through these savings, UBI would also make everything we do go further. The money we put into education would result in better educational outcomes. The money put into healthcare systems would be reduced by improving health society-wide by directly improving the social determinants of health that lead to needing so much medical treatment. Of course we can afford UBI, because we're currently paying for it as the costs of poverty, and of course people will keep working, because we all want to contribute in some way, paid or unpaid. That's really important to recognize too, that unpaid work is work, and that someone reducing their hours to focus on unpaid care work in the home, or their educations, or volunteering in their communities, or contributing to open-source code projects without pay, are all valuable. UBI supports and enables all unpaid work, and by not disappearing as a result of employment like typical welfare programs do, UBI has no disincentive to work. It makes a lot more sense to go from $1,000 a month to $2,000 a month, then it does to go from $1,000 a month to $1,000 a month. UBI is the former. Welfare is the latter. And no, UBI will not simply lead to inflation, and in a way that entirely negates the amount of income itself. Competition still exists with UBI, and raising prices provides an opportunity for a competitor to not do that and steal market share. In fact, Alaska has had a UBI since 1982, and every year when the checks go out, sales pop up all over Alaska as businesses compete against each other for customers to spend their money there instead of elsewhere. Taxation is also a tool of reducing inflation, as are interest rates, and other tools the Fed has or could be newly given. For example, if everyone had a Fed account, the Fed could directly increase the savings rate to slow money velocity. Additionally, supply-side solutions should be sought where that makes sense, for example, right now there should be investments made in improving global supply chains in order to reduce prices. If the problem is spiking car prices, the solution is more cars, not less money for groceries. Claiming that we need to maintain poverty in order to keep prices low is just stupidly counterproductive. UBI also would have made all the difference in the world in 2020 by making it more possible to self-quarantine, and to keep more spending going. Instead we did things like prevent evictions, when we could have made sure renters had money, so that landlords could have money to spend on mortgages, upkeep, and property taxes. In light of the IPCC report today, UBI would also better enable climate resiliency and investments in greener more expensive choices, especially if combined with carbon fees. As long as we're all focused on making it to the end of the month, we can't focus on the potential end of the world. We desperately need to change that. UBI will help free us to think in the long-term by providing a solid foundation under all of us.

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@TheListOf
@TheListOf - 10.08.2021 00:05

NO COMMUNISM!!!

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@kekerso
@kekerso - 10.08.2021 00:58

No, UBI would basically be used to subjugate the populace under tyrannical control, the same as Vaccine passports, digital only currency and social credit scores. Do people not read History anymore?

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@bulu9214
@bulu9214 - 10.08.2021 04:32

UBI will increase inflation nullifying the benefits of UBI to the poorest. But will put greater economic burden on govt. and society.

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@colingoldthorpe5918
@colingoldthorpe5918 - 10.08.2021 05:04

Mmm and this is Oxford education at its best 🤔🤔🤔 Scary that persons whom attend this once great establishment ruled the lands. Most of these people have never rolled up their sleeves and got dirty at sweaty at work. Truly unbelievable…..

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@NuYiDao
@NuYiDao - 10.08.2021 08:34

Why not award the same mendacious & unintelligent agency that has recently blown £300 bn of fantasy financing on the management of covid the totalising aggrandisement of being everyone's de facto employer - consent unrequired.

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@UBIAICOSMOS
@UBIAICOSMOS - 10.08.2021 21:01

Thanks madam. ambika sehgal
Please give me your FB id

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@abumotorola9614
@abumotorola9614 - 10.08.2021 22:29

I admit I borderline admire how distorted and dishonest a picture the opponents of UBI present, and doing that with a straight face. They would easily and shamelessly turn working class interests against each other (UBI vs public spending on health/education, UBI vs workers having to make a whooping 80prcnt social security contribution). They seem to have no problem at all with the savageries of rent seeking (land property owning, share buybacks...), all the gambling taking place in capital markets and the gazillion ways of tax evasion, where the bulk of wealth is concentrated and circulated.

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@abumotorola9614
@abumotorola9614 - 10.08.2021 22:51

This House wants the super rich to curb their greed a tiny bit so that no one goes hungry and homeless... ergo: This House makes a preposterous and blasphemous proposition.

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@abumotorola9614
@abumotorola9614 - 10.08.2021 22:53

Let's not forget the context of this discussion: the Tory government is haggling over 20pounds (YES a fucking 20pounds) UC supplement. Talk about how GREAT great britain is.

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@MODERNDAYROCKERS
@MODERNDAYROCKERS - 11.08.2021 13:16

DWP AND GOVERMENT POLITCS MAKE MENTL HEALTH ISSUES FAR WORSE WITH THE OUT COME OF DEATH .

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@NightMourningDove
@NightMourningDove - 12.08.2021 00:24

Inflation is caused by higher demand and lower supply, not having more money.
I swear the arguments of inflation are so dumb and unfounded...

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@dramese
@dramese - 12.08.2021 03:54

I think both side have value points in their argument. I can understand the opposition anxiety of UBI scheme, giving their assessment of it in current economic dynamics.

But the point many of them are missing is that, for individual to make any significant contribution to the social, that individual have to have a capacity to do so. In order for that individual to increase their capacity, hence increase their ability to effect change in that society. That individual will need a basic security first. The best example are these panellist here. For all them to seat in their Eiffel Tower, to articulate other people’s reality. They have to have a form of security to be in the position to so. That’s where they are missing the point, you can’t be worry about where your next meal will come from, and go to Oxford to debate about IBU. Their themselves are benefactor of the UBI in some form… wether that security is provided by family. What they are missing is that, the world problems are vast, leaving small numbers of people to solve it, because of their privileged of having security, therefore being able to commit time and energy to develop themselves to solve problems. And it is exhausting for them too.

Allowing more people to be part of solution by providing them a basic security so they have time and mental capacity to develop themselves. Will ease the burden on those small groups.

The majority of people who are innovating are not the people are on the streets worrying about the next meal. But those who have basic security, have time hence mental capacity, to solve the societal problems.

I think there is a form of anxiety of who are going to make our meal and clean after us if you give people basic security, surely we don’t want to do those works, people do them because they are force to, based on their economic conditions. Which is true under current economic paradigms. however, it doesn’t have to be that way. People can enjoy this type of work and find fulfilment in it.

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@Tubekeny1
@Tubekeny1 - 13.08.2021 17:11

Please debate: This house believes vaccination is a collective responsibilty

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@debse.7286
@debse.7286 - 16.08.2021 00:00

The Greeks had lots of slaves. They are not role models.

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@Horizon344
@Horizon344 - 16.08.2021 00:57

If UBI super-charges economies without inflation, is fiscally workable & alleviates the sharper end of financial impoverishment, it's an idea whose time has come. Ideologically driven opposition to it beyond its practicalities can't stop it. The pilot programmes in North America now being initiated, & possibly in Wales, will tell us a lot about whether it's feasible.

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@telephonepolaroids
@telephonepolaroids - 16.08.2021 10:17

When a person has food, and a roof over their head, they're less likely to go commit crimes to solve those problems.

When a person has food, and a roof over their head, they're more likely to go for what they'd do best, which is the best thing for the whole universe.

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@dakotaeaston9775
@dakotaeaston9775 - 18.08.2021 21:08

Nobody thinks the poor and disadvantaged shouldn’t have access to welfare or unemployment benefits. The best way to convince the world that UBI is a good idea would be to justify why the 12 people in this video who all attend Oxford deserve the same handout. Why should the wealthy get UBI again? Did they even mention that?

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@basicincome549
@basicincome549 - 19.08.2021 14:52

In order to be against an idea you have first of all understand it. Isn´t it the same system in Italy Mr. Marco?

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@TheMagicLemur
@TheMagicLemur - 20.08.2021 10:45

The proposition starts well, but gets more and more 2D. It's sniffing farts rather than a realistic proposal: where's the beef?

Where does the money actually come from?? It seems this question is never solidly addressed, let alone accounted for.

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@derekrank4572
@derekrank4572 - 01.09.2021 23:52

having a society full of broke or near broke people is a total failure...the economy will be HURT very badly if people dont have enough too live on and spend money in their communities.if they get desperate they will start stealing things they need instead of buying..which is even more of a problem.

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@derekrank4572
@derekrank4572 - 01.09.2021 23:52

2 choices ....either raise peoples wages OR lower the cost of living...

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@thaotaylor6669
@thaotaylor6669 - 15.09.2021 18:26

10- 15 -20 years from now Automation, robotic, even humanoid will take most human jobs, what is there for human to do? go hungry , fight, kill, each other, what ? this is why Elon Musk in favour of UBI.

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@TheAnthonyMarlowe
@TheAnthonyMarlowe - 04.11.2021 03:08

Did this woman just insult people while she introduced them!? Not the look to pass your agenda that is so called caring and intelligent. I worked under Yang Gang and helped push for stimulus and UBI and IF it’s a good idea, it’s certainly not time for it yet. Even with UBI automation will decimate americans way of life. Something leftist want us to believe, and I did believe was “workism” or an obsession with work. They deny our very humanity. I’ve gone back to work and my mental health has been extraordinarily better. The lefts version of UBI is now a no go for me. I support a negative tax income of under 100k a year but I also support giving people who make less than $12k a boost up to it. That’s enuff. And cut welfare programs to zero.

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@havenbastion
@havenbastion - 30.01.2023 15:32

The only argument needed for UBI is that those who will get the money otherwise never earned it.

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@unkleskunky
@unkleskunky - 23.11.2023 08:43

Its disturbing how many of our benevolent leaders see them selves as behaviorists rather than public servents. Effective, though, as they were in persuading the vote with their doomsaying. They seem certain there are no leonardo da vincis working at the chippy, nor any diogenes in the gutter. Instead they remind us of the super wealthy fully bootstrapping their way to such heights.

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