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> More income would go to those who are poor but in work, and less to those for what ever reason (like disability) unable to work. Isn't that a desirable outco
by tn13 10y ago
> More income would go to those who are poor but in work, and less to those for what ever reason (like disability) unable to work.
Isn't that a desirable outcome ? Shouldn't the able bodied person who is working obviously earn more ? Giving people incentive to work not only helps them rise up but also prevents their exploitation in case they try going to underground economy.
> For instance, why use a machine when you can just hire more people?
If people are more efficient business will use people over machines. I don't think machines are be default always a good choice. What matters is the efficiency.
Free market capitalists who otherwise like machines and automation criticize the minimum wage laws for the same reason. Minimum wage laws force business to invest more in automation by outlawing hiring of people who could compete with machines over cost.
- sonthonax 10y ago> Isn't that a desirable outcome ? Shouldn't the able bodied person who is working obviously earn more ? Giving people incentive to work not only helps them rise up but also prevents their exploitation in case they try going to underground economy. This happens anyway in our current system. Someone who's disabled and unable to work already earns less than someone who's working 50 hours a week in a minimum wage job. Negative income exacerbates that.