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The issue with this argument is that low wages are basically marginal. E.g. a low wage earner could get $100 dollars UBI or $200 dollars working a job. A CEO, o
by 4death4 3y ago
The issue with this argument is that low wages are basically marginal. E.g. a low wage earner could get $100 dollars UBI or $200 dollars working a job. A CEO, on the other hand, could get $100 UBI or 11 million working a job. I don’t know about you, but I’m definitely getting out of bed for the extra $10,999,900. I might not get out of bed for the extra $100, however.
- shuntress 3y agoThis is an indication that there is some kind of either: 1) artificial suppression of the value of the low wage job 2) artificial inflation of the value of the CEO's job or, more likely: 3) Both.