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> Everyone should get enough money to be able to refuse to work. That way, the incentive is shifted to employers, where it should be. Want someone to do somethi
by jasonlfunk 9y ago
> Everyone should get enough money to be able to refuse to work. That way, the incentive is shifted to employers, where it should be. Want someone to do something? Pay them enough to do it.
This sounds nice in theory, but how doesn’t this result in price inflation? Not only are you going to be taking a portion of businesses’ profits in taxes, but now you are increasing the cost of labour. And frankly, some jobs suck so badly that no one is going to want to do them without being paid a ton of money. For example, manual agricultural labor. Food costs would almost certainly skyrocket. (Unless you account for illegal immigrants, which you couldn’t naturalize because then you’d have to give them a UBI).
- Stefstefstef 9y agoI don't know about the US but in my country manual agricultural labor pays so much only immigrants living in hay barns can afford to do the work. for everyone else it doesn't pay enough to do the work
- BartSaM 9y agoWould be nice if you would mention what is your country.
- goliatone 9y agoI always see UBI mentioned when people discuss automation and the disruption of labor. Automation could address your last concern regarding inflation and jobs people don’t want to do.
- Firadeoclus 9y agoThere would be a rebalancing of prices, which is really an intended effect. Things would be in flux for a time, then settle at a new equilibrium. Food prices may go up, other prices may go down. The new equilibrium prices may well be higher on average, but the more important question is, how much can a poor person afford to buy?
- mcbruiser4 9y agoyeah, this results in $200 for a haircut or $500 to get your lawn mowed. pass.