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Paying everyone a basic income would kill off low-paid menial jobs
- informatimago 12y agoForemost, it would kill meaningless and useless jobs. At the very least, enterprises would have a much harder time justifying them. Low-paid menial jobs are either useless, easily automatizable, or not so menial. In the later case, why are they low-paid? It should also be noted that monetarily we are already paying for it, without having the benefit of it, by means of Quantitative Easings. Instead of making it a Universal Dividend, we just pay a few banksters amongst the 0.0001%. The rational thing to do, is to perform reasonned quantitative easings, based on the lifespan of the human beings, distributing a Universal Dividend. For the lifespan in an economic area like Europe, this would give about 530 euro/month/human being. For more information, have a look at: http://www.creationmonetaire.info/2012/11/theorie-relative-de-la-monnaie-2-718.html http://www.creationmonetaire.info/2012/11/theorie-relative-d... ( translation of the mathematical annex: https://github.com/informatimago/LatexTRM/blob/master/LateXTRM-en.pdf https://github.com/informatimago/LatexTRM/blob/master/LateXT... )