Why do people opt for get-rich schemes?


This post is a response to a question posed in its complete format: “Why do people opt for get rich schemes when they could just turn a hobby into a business by doing something they actually like doing?”

Hobbies take time to develop into viable businesses.

People often overlook how much time, effort, and resources are required to make a new business break into a new market before it begins turning a profit.

Massive enterprises like the social media giants were roundly criticized in their early years for operating without turning a profit for years before they became viable and self-sustaining entities.

People often fail to comprehend how much of an investment is required, from manpower to infrastructure to market development, to go from concept to generating revenue on a break-even basis.

When people are struggling to make ends meet every month, their choices become limited and long-term endeavours are sacrificed to fill their hungry bellies today.

This is the worst consequence of the historic levels of income inequity we are experiencing today. This is, by far, the worst consequence of the $60 trillion stolen from the working class in the U.S. in the last several decades alone.

We have had our opportunities stripped from us while being thrown into the middle of an ocean and told to dog paddle for our survival while getting thrown plastic-laden chum to feed on until we drown and being mocked for our inability to survive the challenges created for us by the exploitative class.

A person who has time, energy, and resources to capitalize on a hobby they love can succeed based on privileges denied to a majority who struggle with inescapable poverty for life.

This is why we need UBI.

When people are free to pursue what they love, they stop chasing wild geese and become less prone to falling for grifters and making bad decisions out of desperation.

Eliminating the threat of homelessness and destitution frees people up to achieve their potential, but even more so, it’s an insurance against being victimized by one’s desperation that otherwise translates into numerous costs to society, ranging from crime to toxic coping mechanisms and domestic disruptions.

UBI both saves on social costs and grants a massive boost to economic growth through individual motivations, contributing innovative solutions that carry the potential of becoming massive engines of economic growth.

Temet Nosce


Join the Conversation at https://ubinow.quora.com

Anyone wishing to engage in a dialogue on UBI is invited to participate in an open space on Quora dedicated to the issue. You may need to register for a Quora account — It’s free, and I don’t get any kickbacks from it. This space is intended purely for stimulating discussion on the topic — there are no hidden surprises beyond possibly needing to join Quora if you want to post comments. Visitors to the site can read the content without registration hassles.

https://ubinow.quora.com/