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Why would you work for minimum wage if you had UBI

• api 4y ago
  First of all UBI might obviate the need for minimum wage. Secondly in a pure UBI system any earnings are on top. Everyone gets the same UBI at all times. So you have this minimum base that will keep you alive and fed but nothing luxurious, and can work for anything beyond that.
  • oneoff786 4y ago
    So… why would you do a bottom tier job for terrible compensation if it’s no longer necessary to survive
    • Schiendelman 4y ago
      If you actually think about which actors do what and what their incentives are, this question really answers itself. Let’s take an example: cleaning toilets. Many people will stop doing the job. The owner of a small business will start cleaning the toilets themselves. They will clean the toilets less. A person with a higher wage will clean the toilets if it is still necessary to the business to keep them clean.
      • oneoff786 4y ago
        Small business owners already tend to clean their own bathrooms or delegate it as a minor task to an employee. This isn’t a particularly helpful answer
    • deleted 4y ago
      [deleted]
    • dragonwriter 4y ago
      > So… why would you do a bottom tier job for terrible compensation if it’s no longer necessary to survive You wouldn't: bottom-tier dead-end jobs would see wage increases, because they'd still be necessary, but no longer have an economically coerced labor supply; Jobs that have too marginal economic value to be viable in the current minimum-wage set up, but which provide useful experience and thus are not dead end jobs woild become viable, and because more people would be able to take time out of dead-end jobs to do education and training, competition for entry level jobs in fields with advancement would be greater, likely suppressing wages in those jobs.
      • oneoff786 4y ago
        If the wages rise then prices rise and then you don’t have basic income anymore