Yup, good summary. The coercion angle is one more reason why maintaining "full employment" is a pro-labor policy. By keeping the number of job openings larger t

Yup, good summary. The coercion angle is one more reason why maintaining "full employment" is a pro-labor policy. By keeping the number of job openings larger than the number of people looking for work, you create bargaining power for workers to increase wages. The UBI angle works both for and against worker negotiating leverage. On the one hand, workers know that their entire income isn't on the line if they quit, so they have more leverage. On the other hand, they know that they're getting X from the government, and while they need Y to live, they'll accept work at Y-X.