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So if I understand correctly, the Speenhamland System was a wage supplement system, not a UBI system. That is, if people stopped working, they stopped getting t
by aninhumer 9y ago
So if I understand correctly, the Speenhamland System was a wage supplement system, not a UBI system. That is, if people stopped working, they stopped getting the extra money. This means that employers are free to slash wages and let the supplement make up the difference.
With UBI, people get the money regardless, so employers have to compete with what people can get without working. If you only offer them a meagre income boost for a gruelling work week, you're going to struggle to attract people.
- pjmorris 9y agoWith UBI, the employer now can pay (wage-UBI) for every employee, shifting the wage burden off the employer and onto the state by a factor of UBI x population. With a jobs guarantee, an 'employer of last resort', the government sets the floor on wages through hiring, giving everyone who wants a job but can't find one in the open market at whatever base wage parallels UBI. The government only has to pay for base wage x unemployed rather than UBI x population. This also yields labor for the government for 'New Deal' type projects, and employers now have to do better than the base wage/job conditions to hire, raising the velocity of money. More importantly, everyone has the dignity of a job if they want it as well as the money needed for basic needs. Are there guarantees that UBI will always be comparable to a living wage?
- RealityNow 9y agoThis is counteracted by the fact that employees now have the option of walking away from their jobs, and thus employers would have to raise wages to draw them in. Wages might rise in the type of jobs that nobody actually wants to do (eg. janitor), though wages may very well decrease in the jobs that everybody wants. UBI and government job programs aren't mutually exclusive. I do think the government should create more jobs for the public good, especially in scientific research and development. But either way, I think a UBI is necessary so that people have the option of working for themselves rather than being forced to answer to someone else. UBI is like the libertarian approach, while government jobs are the more authoritarian approach. I think both should coexist. I guess there's no guarantee that UBI would be a living wage. Regardless, I think we need a UBI. Money is one's claim on society's resources, and since we're all shareholders in this economy, we should receive a citizen's dividend, even if that amount isn't that much (eg. Alaska's Permanent Fund)
- pjmorris 9y ago> This is counteracted by the fact that employees now have the option of walking away from their jobs I don't see how either a UBI or a job guarantee limits employees from walking away from their jobs. The presence of a job, or an income, hasn't stopped many people from starting their own thing. > But either way, I think a UBI is necessary so that people have the option of working for themselves rather than being forced to answer to someone else. The option to work for yourself isn't taken away by a jobs guarantee. I can see how the presence of a UBI would permit people to do things no one would pay for otherwise. As idyllic as I really do think that sounds, I suspect that examples of people doing things no one would pay for would be used over time by UBI opponents to drive down the value of the UBI to below a living wage.
- RealityNow 9y agoUBI doesn't limit employees from walking away from their jobs, it enables them to. > The option to work for yourself isn't taken away by a jobs guarantee. Obviously. Job guarantee programs however still don't allow you to truly walk away from your job unless you're able to financially support yourself, whereas a UBI does.
- pjmorris 9y agoYep, I misread your point, and mis-responded. A UBI that's actually enough to replace a job has the benefits you describe, at the cost of UBI times the population. A UBI that's not enough to replace a job doesn't have the benefits you describe, has the negatives I describe, and costs almost as much.