3 ms·
This seems like the worst possible option. Forcing the time to be "wasted" destroys the potential of doing any creative, productive work, self betterment activi
by bluenose 10y ago
This seems like the worst possible option. Forcing the time to be "wasted" destroys the potential of doing any creative, productive work, self betterment activities or even taking care of "personal business" such as housework, errands, etc.
The notion of creating a market pressure on minimum wage employers is the only redeeming aspect, but gets there in the most destructive possible fashion I can imagine.
Rating: 1/10, would not recommend.
- andrewla 10y agoI appreciate the feedback; these are interesting points. To be clear, though, these are all attributes of the current system. The potential isn't destroyed, it just requires a rational examination of the tradeoffs. And this is assuming that the minimum wage offered here would be far inferior to what someone would get through UBI -- a UBI that amounts to a baseline income of $10,000 a year, for example, is unlikely to inspire hoards of people to become artists or to take classes; they'll likely have to take minimum wage jobs to make up for the price increases that will be associated with the UBI. Similarly, if the wasted-wage salary level is set to something higher; like if working a 20 hour week would be sufficient to support a family, then I feel like it would provide the benefits that you associate with UBI. In my mind this is more a question of how much benefit could be provided given that both programs would (theoretically) receive the same funding. Given that most people would not be participating in the "wasted-wage" program, coupled with the reduction in overhead for preventing personal-identity-based fraud, I think bang for the buck you could fund a much higher effective part-time salary with "wasted-wage" instead of UBI.