[Consultant32452]

>If welfare is removed you are assuming that people's lives would not be worse because _eventually_ companies would be forced to raise their wages. In the short, medium, and even long term if the companies we're done headed enough, people's lives would be worse off because they would lack the welfare _and_ employers would not have adapted wages to the new equilibrium.

This concern could be alleviated by phasing out welfare over time rather than instantaneously removing it. I feel like you dodged the spirit of the question, so I'll ask it again. Ignoring UBI as a possibility, given the world as you understand it today where welfare is a subsidy for shareholders, do you support removing welfare so that we can stop subsidizing the wealthy?

UBI vs welfare doesn't really change the situation here. UBI may be more economically efficient than our current form of welfare, but that's a different discussion altogether. I'm only interested in the question of whether you really believe that welfare as it stands today is a subsidy for shareholders. Because if you believe that, then it seems the rational proposal would be to get rid of welfare.

[lovich]

Gotcha now

Short answer: I do not support removing welfare even though it subsidizes the wealthy

Long answer: I don't believe that wealth redistribution is a bad thing inherently and I would not be for removing welfare to replace it with nothing. I think UBI is economically and socially Superior to our current welfare system but our current welfare system is better than nothing.

The cons to our current system are that it's increasing inequality and benefiting a fee people massively at the expense of society, but I'd rather shoulder that expense than let people die by exposing them to unfiltered capitalism which I believe would lead many people to bring entirely jobless and destitute

[Consultant32452]

>but our current welfare system is better than nothing.

I feel like you're trying to have it both ways. On one hand you say that our current welfare system simply subsidizes shareholders. You seem to believe that if we phased out welfare that the poor would wind up in the same place they are today because they would demand higher wages. In other words, it provides no benefit to the well-being of the poor. And yet you say it's better than nothing. How can that be?

[lovich]

You're making jumps again. Shareholders and the poor are two subsets of society. Its possible for wealth to be moved from society as a whole to the shareholders and still benefit the poor, without taking money from the poor to do so.

I don't think the poor as a group would end up in the same place. I believe the wages would end up rising but less people overall would be employed. If you remove welfare then the people who end up without a job are going to be without anything and homeless/starve to death. The amount of time it would take for the new equilibrium to be met would also cause a lot of pain and suffering in the interim.

[Consultant32452]

>I believe the wages would end up rising but less people overall would be employed.

Interesting, what are your thoughts on the minimum wage?

>If you remove welfare then the people who end up without a job are going to be without anything and homeless/starve to death.

I feel like if your options are working or death, there will be many more people working, not less as you suggested above. But I also think the imagery of people starving to death is unrealistic. Over 70% of the world's population lives on less than $10/day. The American poor is very wealthy by global standards and they have a loooong way down to go before they start starving to death. The worst case scenario of the American poor losing welfare while simultaneously somehow not being able to demand higher wages looks more like the American poor inching ever so slightly closer to the global average lifestyle than starving to death. I don't want that situation any more than you do, but let's not be overly colorful in our language.

I understand why UBI is more economically efficient than our current welfare systems. Anything that moves towards giving the poor money they can spend on whatever they want is a bonus in my opinion. I'd start with Medicare and Medicaid. Instead of paying directly for healthcare we should just cut a check to the elderly/poor and let them spend those funds on whatever they wish. However, I don't understand why you feel it would behave differently than welfare with respect to its "subsidizing the shareholder class." Unless you expect UBI to be high enough so that nobody would have to work, and then I'm not sure how the economy doesn't collapse on itself with so few people doing work and so few taxpayers.