3 ms·
"Deserve" is pretty subjective and vague, borderline meaningless. One could argue that they only deserve the value they create. The problem is that automation
by RivieraKid 9y ago
"Deserve" is pretty subjective and vague, borderline meaningless. One could argue that they only deserve the value they create.
The problem is that automation increases inequality (I think). Between individual workers (software engineers vs factory workers) - and between capital and labour.
The solution is income redistribution. To me, the negative income tax with no minimum wage makes most sense. Minimum wage is a weird, hard-to-analyze hack.
- coldpie 9y ago> "Deserve" is pretty subjective and vague, borderline meaningless. I don't think so. If we agree human labor has value, then the question is what that value is. About a century ago, we collectively agreed that 40 hours of work per week is a decent balance between work and home life. It seems reasonable to conclude that someone working those 40 hours has performed enough work to earn enough to have all of their needs paid for, including housing, transportation, food, and leisure time costs. In short, someone working 40 hours per week deserves a living wage.