Even with UBI, energy companies will just jack up prices. They charge the money you have because there’s no real alternative. Them, medical care, and housing are all pretty inelastic in terms of demand until you’re literally past the point where people have the ability to pay. (Which i think most of the Western world is.)
So at what point do you think folks in the western world will take inspiration from other places to not allow things to get to that juncture? Whether it be expansion of unions like Sweden to ensure power is returned to the people or we start having protests that escalate and start burning things down like France?
Even with UBI, energy companies will just jack up prices. They charge the money you have because there’s no real alternative. Them, medical care, and housing are all pretty inelastic in terms of demand until you’re literally past the point where people have the ability to pay. (Which i think most of the Western world is.)
So at what point do you think folks in the western world will take inspiration from other places to not allow things to get to that juncture? Whether it be expansion of unions like Sweden to ensure power is returned to the people or we start having protests that escalate and start burning things down like France?
I’d say when the level of discomfort from doing nothing begins to exceed the level of discomfort from doing something.
Socialize utilities and essential medicine. They need need be for profit.