this post was submitted on 27 Apr 2024
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Showerthoughts

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A universal basic income to the ultra wealthy would be perceived by them as being given a couple pennies every month (lemmy.world)
submitted 6 months ago* (last edited 6 months ago) by [email protected] to c/[email protected]
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The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.

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[โ€“] [email protected] 5 points 6 months ago (1 children)

I agree. As much as I agree with the idea of universal basic income - because I think supporting society while reducing the work necessary is something we should aim for, because it's the best way to ensure everyone gets a fair lot in life and because I think it's a necessity with the direction the labour market is heading - this isn't really the kind of thing I want to see in this community, personally. Hell, UBI doesn't really have much to do with the thought of "if X is Y% of Z then 1000X is Y% of 1000Z" - it's just basic maths really (and OP seems to have got the maths wrong, too).

[โ€“] [email protected] 6 points 6 months ago

I got it backwards, and rewrote it very clearly,

The way someone with $100,000,000 would perceive $1000 is how someone with $100,000 would perceive $1.