A very unbiased account indeed

Oh certainly, any personal account is going to be full of selection bias. But it helps give a look behind the scenes to help interpret the stats and whatnot we see in academic papers. Those stats come with a cost, and the cost was often born by minorities and those who weren’t well-connected. That’s my point here.

All a UBI of $100 will do is raise prices by $100 because people now have $100 more

That $100 has to come from somewhere, and if we follow a balanced budget, it’s not coming from debt, but from taxes.

But yes, there will be some price adjustment if something like UBI is done in a vacuum. Look at the COVID subsidies for examples of just that, or the EV subsidies where dealers/manufacturers just jack up the price of EVs to match the credit.

I’m proposing replacing minimum wage w/ something like UBI (my preference is a Negative Income Tax for more of a direct replacement). That way that $100 isn’t being added to peoples’ means, but instead it’s replacing wages. Just increasing wages kills jobs, and just increasing money available causes inflation. So if minimum wage is $15, with $10 of that being needed for subsistence (housing and food, no luxuries), you’d instead get $10/hr regardless and jobs would pay $5/hr or whatever. That gives employees the freedom to say no to poor working conditions and inadequate pay without worrying about where their next meal is coming from. If nobody wants to work for those wages, wages will go up. If immigrants or teenagers are willing to take those jobs, wages will go down. A lot of jobs aren’t worth $15 and would be (and are) replaced with automation instead. This allows those jobs to continue to exist, without forcing people to be destitute. Likewise, if automation replaces a significant chunk of human labor, those people can continue to survive and pursue other options for employment (i.e. maybe they’ll pursue art or something).

I don’t think that type of policy would meaningfully impact prices. First of all, NIT (basically income-based UBI) was championed by Milton Friedman, a respected economist, and he certainly looked into inflationary pressure of such a system. Price increases are tempered by fed borrowing rate increases and NIT/UBI payout adjustments, which can keep total inflation stable, so any price changes are just moving money from one pocket to another. It’s only inflationary if we use borrowed money to fund it, but if it’s budgeted for through taxes, it’s not going to be inflationary.

rich will always be at the top

Sure, and moving to socialism won’t change that, all it does is replace “the rich” with “the well-connected.”

People being rich isn’t a problem, especially since generational wealth is often gone after 3 generations. Rockefeller’s (arguably the richest person ever) wealth has bees significantly diluted, so even the mega-wealthy will eventually lose their wealth. I’m guessing in 100 years, Musk’s, Bezos’, and Gates’ wealth will be largely diluted. Elon Musk wasn’t “mega-wealthy” 15 years ago. Jeff Bezos became rich around 25 years ago. Bill Gates became rich about 40 years ago. Most of the top billionaires are recently wealthy, and the same is largely true for multi-millionaires as well.

The important thing is that who “the rich” are changes periodically so we don’t get into a Russian oligarch situation.

Instead of looking at the income/wealth gap, we should be looking at standard of living changes for the average (median) person. As long as that’s improving year-over-year, things are getting better. Whether some people have tens or hundreds of millions doesn’t really impact me day-to-day.

We get extra curricular in universities in Canada as well

I’d recommend reading some books about the Soviet Union, particularly its later years. It’s not feasible for me to provide an in-depth education on this topic in a single post. It’s clear that you are not knowledgeable, and I’m not sure why you’re arguing without being informed on the subject ¯\_(ツ)_/¯

It’s well known that horrible things happened to animals during the Russian space program.

Yes… “everybody” knows that the “Jewish-Bolshevist horde” couldn’t possibly have an ounce of human compassion for animals, isn’t it?

But hold on there before you start calling for another go at “lebensraum,” Clyde - let’s first check who it is that you are actually comparing them to, shall we?

You sound like a liberal

Stop projecting, liberal - I’m not the one jerking off Cold War propaganda here. You are.

And rushed it so bad they didn’t have fundamental tech that was applicable to a wider economy

I hate to break it to you, Clyde - but the central technologies developed by the space race was “applicable to a wider economy” on both sides of the Cold War. The USSR had weather and communications satellites, too - unless you want to argue that those served no economic purpose to the USSR, perhaps?. Perhaps you are a bit too dazzled by all the anciliary stuff that dominates your consumerist fantasies? I’m sure you believe NASA’s handheld vacuum cleaners made capitalism better for all the people that didn’t get to live the middle-class WASP dream thanks to the New Deal… but it really didn’t.

Handing off publicly-funded research and development to be used as a means of private profiteering for the capitalist class at the expense of everyone else (including you) is simply the way the US has always done technology - pretending that the USSR not doing the same is somehow a “flaw” is peak neoliberalism.

Their space program was callous towards both human and animal life.

I guess it’s a good thing that NASA wasn’t very forthcoming with their animal experimentation, eh? I wonder if the outcry would have been the same?

Yeah… sounds like Tuesday to me.

Khrushchev also ordered Leonid Brezhnev to head an investigation commission and go to the site.[11] Among other things, the commission found that many more people were present on the launch pad than should have been—most were supposed to be safely offsite in bunkers.

When Brezhnev arrived at the firing range on 25 October 1960, he said: “Comrades! We do not intend to put anyone on trial; we are going to investigate the causes and take actions to recover from the disaster and continue operations”

Afterwards, when Nikita Khrushchev asked Yangel, “But why have you remained alive?”, Yangel answered in a trembling voice, “Walked away for a smoke. It’s all my fault”. Yangel later suffered a heart attack and was off work for months.

After all… we can’t pretend thay the “Jewish-Bolshevist horde” would actually value human life now, can we? What would Reagan say?

Nah, I like my version better.

Yeah, you do, because you’re an edgy liberal self-applying the term “socialist” without understanding what it means because you desperately want to distance yourself from your capitalist and fascist brethren while still buying into the same beliefs they hold on to.

Again, you can’t expect the USSR, a nation that started industrialising and educating people in 1920s, to be able to outcompete the entire rest of the world in every sector of the economy. It was a poorer nation than the US, Germany or England historically, it developed much later. The fact that it got as far as it did is impressive enough of a feat, especially since it didn’t abuse colonialism and imperialism to do so, but instead used only the sheer work of its inhabitants and the natural resources found within its borders. The USSR falling behind in some extremely novel fields such as computing, is only to be expected.