I don't think any of these ideas are exclusive. I don't think a UBI should replace structural reforms to the economy, however I do think that it's a good first step to putting a little more bargaining power on the side of workers: if you don't need a job for a comfortable life with adequate entertainment, desperation is no longer driving people to accept smaller portions of the surplus. UBI and high taxes on the rich are about making democracy possible. We can flesh out what exactly to do about the economy after we've fixed our politics and neutralized the means by which capitalists can wage propaganda war.
Well ... yeah, but Australia has a fairly decent progressive tax system. Arguably it's about 'as good as it gets' without prosecuting tax """avoidance""" with more scrutiny. But the problem is that you can't really escape the boom-bust cycle. That's what hurts all the poor. Boom or bust, as a Australia is a glorious example of both.
For instance, booming economy ... but land prices alone are seeing people thrown out on the street. And people make mistakes. I've lost money. Everyone loses money and makes bad investments, or accidents, or gets injured. It's just a matter of time before you have the 'unjustly burdened' factor for anyone who needs to work for a living. Like, I could not work for a living through investments. Or I could buy a house and numerous other status symbols. And even if I don't take out a loan to do so, suddenly I have to work for a living. And the thing is, the nature of our education system doesn't prepare anyone for the innumerable economic and financial pitfalls.
If I still have my marbles by the time I'm forty ish, I'm thinking about starting my own board game cafe. Someplace I can cosplay (atmosphere building), play board games, and serve drinks and light meals, host tournaments, sell board game products and more... But the reason why I'll wait until 40-45 is because I'm going to treat it as 'fun work', not one where I have to make profits. Break even, lose no more than 60k-70k a year after concessions ...
It'll be hard work, but it will be fun hard work.
That and I figure it's a way of giving back by employing people to work out of my pocket as opposed to do so to profit off them. And I think it's important that one learns work isn't just a job. Or it shouldn't just be a job.
Average research associate gets paid fuck all, but they're still pretty happy people. Research associates have actually a pretty high degree of job satisfaction. Anybody will tell you; "It's not the pay, it's the people and being on the edge of the known."
Scientists don't complain about decades of study culminating in a job that barely pays 70k per annum.
And there is literally no reason why work in general shouldn't be able to emulate this idea of exploration of industry, and exploration of human enegy and creativeness. I think that's the society we should try to embrace. Why we need to pursue ideas of no interest credit for people to be productive and be entertaining and be constructive on their own terms with the capacity to pay back through this pursuit of self-expression and adventure.
And I can't think of a better way to have that society than not making it be about profits through exorbitant interest returns that only benefit the banks and their shareholders, or by locking so many poor people into working at places like Walmart, being paid a fifth of the productivity they contribute. No one else benefits.
Moire over, it's through this creative energy that the wellspring of new ideas come forward. New concepts of doing things, breakthroughs in research, paradigm changing stuff...
As for the propaganda aspect...
I actually think the best way is just trying to teach 13 year olds merely of all the bullshit practices banks will get up to when they're older. How much money they could make not putting money into a maturation fund, but rather into the ASX. How easy it is to register yourself as a business and get away with offsetting ridiculous aspects of your lifestyle on the taxpayer. How a politician can become a corporate board member of not just one company immediately after their stint as a representative.
You teach kids the naked truth of Australia's hypercapitalism and that alone will arm an entire generation to dislike the current state of play. And that's what educators should be doing.
The one thing I realized as a high school teacher (Years 7-12 here), is that kids as young as 13 knew they were being fucked by the system... like it was an instinct we all have in the back of our brain that we're constantly being played ... just that they lacked the life experience of how life will inevitably fuck them. So I say the answer is, as always, schools. Teach kids how much they get fucked if they just leave their savings in a bank. Teach kids to be hypercapitalists by instead of being independent business owners, get together with 4 like-minded people they can trust to split the debt burdens and profit off eachothers skills and natural talents and form co-operative networks of industry and tax off-setting... and play the system that way...
No doubt then current 'capitalists' will call them 'socialists', then.
How can we claim to be teachers if we don't protect students by teaching them compound interest, consumer psychology, or aspirational branding strategies? Kids as young as 13 know the world sucks because they see it, they hear it, they internalize all of it. And I honestly think if more classes were dedicated to showing just how soul-sucking and how awful some of these companies are when trying to manipulate you if you're not careful, will do way more than any type of political ad campaign.
And the thing is we may get our chance sooner rather than later, because groups like BIS are predicting a couple of years till the next big financial shock.
So either we can use that event to push for change ... or we have to wait an entirely new boom before we start advertsing how it could all have been avoided in the first place...
Push for commerce classes to be mandatory and covers all this stuff ... kids are remarkably honest and call out bullshit when they see it, and why wait for them to be well and truly enculturated adults before trying to show them this stuff?
For the grand majority of us, a dealing with the bank or other large debt inducing event can be life changing in everyway. So why not air out all that potential ugliness to properly prepare kids for the wide open world?
That alone will change up the political debate.
Not only that, getting cadres of young people screaming how they want to build their own businesses, not work for old, rich fuckwits and pushing governments for cheaper and more transparent business lending practices, as well as more comprehensive corporate tax rates and policing to even the playing field, will kind of put the oligarchs off-balance ... they haven't got a leg to stand on in terms of 'muh capitalism'.