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It would probably increase the value of such work. If I get $600/mo I am going to want a lot more than that to work full time doing something messy. Anything th
by Tsagadai 9y ago
It would probably increase the value of such work. If I get $600/mo I am going to want a lot more than that to work full time doing something messy. Anything that was previously paying below the basic income amount would have to increase the wage to get anyone to take it up. This is already an issue in countries with an actual welfare system, you can't really pay below the dole rate and expect anything other than illegal workers who are going to do the absolute minimum.
This isn't a downside of basic income, there is always a floor on the amount you can pay for labour. If you pay below what the market expects you are only going to get the truly inept to do it.