4 ms·
The entire point of UBI is that it reduces your need for waged employment. If employers cut your wages, UBI means that you don't have to work for them. Putting
by yarrel 6y ago
The entire point of UBI is that it reduces your need for waged employment. If employers cut your wages, UBI means that you don't have to work for them. Putting you very far ahead of where you started.
(This is the "basic" part of UBI.)
- Simulacra 6y agoBut at what point does “cut wages” equate to a null benefit from the UBI?
- cardiffspaceman 6y agoIf you earned exactly the UBI before the UBI started, you now have no fiscal requirement or incentive to keep that job. If your employer cut your wage to zero... you might not even have reported to work to hear about it. So that's a benefit. For most employment, especially lower-paid, I would say there is a hassle factor, and if a job doesn't pay UBI plus hassle compensation, it won't seem like a good deal to keep that job.
- klmadfejno 6y agoRight, but we need those lower paid jobs to be done so we either outsource them to countries without UBI or we pay people more to do them, raising the price of goods such that the UBI is no longer sufficient to be basic... Likely a mix of both. Seems to me the inevitable future of UBI is a guaranteed below the wage that's too low to be liveable and an economy with fewer jobs for poor people. The outsourcing is a big deal for exactly the point you list. In order to get someone with no need for income to survive to work an unpleasant job, you'll need to pay them a pretty good sum because otherwise they'll spend that time investing in themselves (or just not working). Improving labor relations for the poor is a nice idea, but all that newfound employee leverage is worth exactly nothing if the process is moved to another country.
- Simulacra 6y agoA UBI makes it much easier to outsource.