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> If you are going to throw around money it would make more sense to just give people meaningful employment and if nobody employs these people they can get a te
by webmaven 5y ago
> If you are going to throw around money it would make more sense to just give people meaningful employment and if nobody employs these people they can get a temporary job from the government. After all, a minimum wage is completely worthless if you can't get a job because of it.
The purpose of minimum wage is (or ought to be) to ensure that no one who is working is unable to afford the necessities of life.
UBI establishes that floor without requiring a job, which inverts the meaning of the phrase "every wage is a living wage".
Therefore, UBI can eliminate the need for a minimum wage. In practice, transactional costs establish a floor below which it is impractical to pay for work (even piecework, ala MTurk), and UBI establishes a (probably higher) floor below which people won't put up with crap jobs, but both of those are probably lower than minimum wage.