3 ms·
I think it would change how long people are willing to work and what people are willing to do for work. For example, I could imagine less desirable jobs would
by macinjosh 5y ago
I think it would change how long people are willing to work and what people are willing to do for work.
For example, I could imagine less desirable jobs would see a drastic increase in market wages because there would be less people in the position of needing to take any job they can get to scrape by. Undoubtedly a good thing!
However, if it costs more money to get basic things done like cleaning and stocking grocery stores prices would inevitably increase to compensate for the added labor costs. How long before the basic income is not enough to cover basics and then it is increased? The whole process then repeats.
So sure, people still work and occupy their time but are they doing things that are valuable? Am I missing something?