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Well, there's no economic incentive to pay low-skill workers minimum wage. The incentive is violence! They voted saying you gotta, and you'll be fined (I guess
by shrimp_emoji 2y ago
Well, there's no economic incentive to pay low-skill workers minimum wage. The incentive is violence! They voted saying you gotta, and you'll be fined (I guess that's economic), imprisoned, or killed if you refuse. :p
- cubefox 2y agoCurrently you have to pay low skilled workers minimum wage only if you actually need the job done by some human. The law just says: either you don't employ a human at all, or you pay him at least minimum wage. This is compatible with mass unemployment. The alternative would be to force companies to hand paychecks to "employees" which don't do anything. Which seems like taxation+UBI by another name.