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> However, many state that one problem with UBI is that it comes at the expense of personal gratification and economic productivity. Personal gratification in
by NOGDP 7y ago
> However, many state that one problem with UBI is that it comes at the expense of personal gratification and economic productivity.
Personal gratification in the form of extremely boring, demeaning, repetitive work which barely gives you enough money to live in poverty?
> However, these jobs are not meant to create wealth. They're meant to provide subsistance.
Minimum wage jobs are not meant to provide subsistence. They're meant to extract maximum profit from financially vulnerable people.
> Rather than pushing up wages for low wage work, dis-incentivization of low wage will push employers towards automation.
That's already the case regardless of UBI.
> As such, low wage is a support of employment generally.
Not really, I doubt Google's software engineer hiring gets harder or doctors go out of work if less people are willing to work minimum wage at Walmart.