Re:A Basic Income Should Be the Next Big Thing
by raphaelj on Tuesday May 03, 2016 @06:05AM
(#11619211)
A basic income could make low-pay jobs more interesting than ever, and companies could benefit from it.
In most developed EU countries, a "social" income is given to unemployed people. In Belgium, it varies between 550€/month and 850€/month, depending on the situation. People lose this income as soon as they start to work, that means that a part-time job with an income of about 1000€/month is really unattractive. With a basic income, unemployed workers could be stimulated to accept this kind of low-pay jobs, as the pay will add up to their basic income.
With the increase of productivity we got in the last 50 years, the hours worked by low-skilled workers must be lowered, or we will face endlessly increasing unemployment rates. An universal basic income can stimulate this.
In most developed EU countries, a "social" income is given to unemployed people. In Belgium, it varies between 550€/month and 850€/month, depending on the situation. People lose this income as soon as they start to work, that means that a part-time job with an income of about 1000€/month is really unattractive. With a basic income, unemployed workers could be stimulated to accept this kind of low-pay jobs, as the pay will add up to their basic income.
With the increase of productivity we got in the last 50 years, the hours worked by low-skilled workers must be lowered, or we will face endlessly increasing unemployment rates. An universal basic income can stimulate this.