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Getting paid less is a fine outcome assuming the NIT fulfills its purpose of guaranteeing a minimum standard of living. It means the worker has voluntarily par
by zanny 6y ago
Getting paid less is a fine outcome assuming the NIT fulfills its purpose of guaranteeing a minimum standard of living.
It means the worker has voluntarily participated in selling their labor, even if its for a lower price than they would have made before, and they would always have the option to stop doing it and do something - anything - else.
If the NIT is insufficient to provide the necessities of life than its institution failed in its primary objective, albeit I would still argue any NIT is better than none because it raises the poverty floor some amount above zero.