4 ms·
I may have part of the answer. It makes the labor market freer. People talk about free markets, but the labor market cannot be free, you don't have the choice o
by SolarNet 12y ago
I may have part of the answer. It makes the labor market freer. People talk about free markets, but the labor market cannot be free, you don't have the choice of not working, because then you can't afford to eat, and you die or steal. The minimum wage is an attempt to make the market less free by setting a price control, paired with welfare.
By having UBI the choice to participate in the labor market now exists. The market is more free.
It's not an inherently collectivist idea (socialism being extreme authoritarian collectivists). It's a collectivist libertarian idea (see the following link for history and moral philosophy): http://en.wikipedia.org/wiki/Geolibertarianism http://en.wikipedia.org/wiki/Geolibertarianism