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There are lots of jobs people don't enjoy. Who's going to do those? If they raise the salaries and start getting applicants, who's going to buy the much more e
by bzb3 6y ago
There are lots of jobs people don't enjoy. Who's going to do those?
If they raise the salaries and start getting applicants, who's going to buy the much more expensive produce? They'd have to increase the amount of ubi, and there you have inflation.
- eanzenberg 6y agoThe robots, obviously! /s
- jedberg 6y agoNon-citizens don't get UBI, so it would fall to immigrants. That's in fact the biggest issue with UBI -- it creates a de-facto class system.
- matz1 6y agoAutomation, immigrant, increase pay.
- formercoder 6y agoSome fold, some raise wages, some invest in automation. Inflation is possible, but not guaranteed.
- asdff 6y agoYou are assuming a business and industry is a god given right. If a business fails to get applicants, they need to raise wages or relocate to where there is labor. If they need more income to pay for these workers then they will charge more. If the price they charge for their goods or services is too high for the given level of demand, the business will just fold. And that's OK, there area a lot of parasitic zombie companies around that could use a culling, wasting peoples working years doing inane tasks rather than starting a project of their own and innovating. As they say, imagine if Mozart never held a violin but was busy working double shifts flipping burgers for 30 years instead.