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Walmart today is the greatest example of subsidized jobs in practice. Their employees are underpaid and are given social benefit brochures on their first day wo
by zanny 10y ago
Walmart today is the greatest example of subsidized jobs in practice. Their employees are underpaid and are given social benefit brochures on their first day working. Townships will give Walmart thousands in subsidies to get a store to move in, just to have all the wealth of the town vacuumed up and shipped to the Walton family while all local businesses wither and die because they cannot compete with the economies of scale at hand.
So the state and the taxpayers get to subsidize Walmarts profits, when Walmart could not operate in half the locations it has without corporate welfare to subsidize the costs of their employees.
This already happens today, it happens in many industries (including agricultural harvest and food service) using circumstantial employment rules to underpay employees and have the state subsidize their cost of living so the business can be more profitable.
It is absolutely dystopian and against everything the UBI movement stands for. It is much more reasonable to liberate peoples time to do what they think is valuable, rather than have some bureaucratic state agency colluding with business interests to determine what is valuable enough to force them to spend their time according to that metric (and hint, their measure of value is going to be shareholder value in all its forms).