Re:Can Things Be Both Popular and Silenced?
by sokoloff on Wednesday May 23, 2018 @07:53AM
(#17133334)
> no minimum wage means that employers are allowed to hire people for no wage
With a backstop of "now you won't starve if you turn it down", that is much less problematic.
Today, if someone's skills only create $6 of value per hour, they are economically unemployable. With UBI and no minimum wage, someone could pay them $5/hr and both would be better off than today.
With a backstop of "now you won't starve if you turn it down", that is much less problematic.
Today, if someone's skills only create $6 of value per hour, they are economically unemployable. With UBI and no minimum wage, someone could pay them $5/hr and both would be better off than today.