this post was submitted on 18 Oct 2023
1253 points (93.3% liked)
Political Memes
5501 readers
1854 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
There is an almost infinite number of models and policies a country could implement to address wealth inequality, and UBI would be at the bottom of that list in terms of effectiveness. UBI is not the tool for that job. Depending on the country you're talking about and their current economic and monetary situation, you could... introduce legislation that restricted CEO incomes to a maximum percentage greater than a companies lowest paid employee? ... increase tax rates on large accumulated wealth sums over a certain threshold like trusts and superannuation? ... Increase taxes on sources of wealth that aren't direct wage income, which is how most wealthy make their money in the first place? ... Criminalise price gouging by preventing a company from raising prices when they have posted a profit in the last financial year? Literally thousands of more sensible and effective things you could change that would have a positive impact on addressing wealth inequality.
Those sound great! Thanks for sharing them.