News for hackers. Stuff that matters.

A comment on People kept working, became healthier while on basic income: report. Parent comment

Re:People kept working, became healthier while on basic inco... by cambalache on Thursday March 05, 2020 @11:47AM (#22495241)
How so? The compensation is increased because less people are working, so the cost of labour is fixed (which is neglible in any case in a post-scarcity society as envisioned in the future)
[ Parent | on HN ]
Re:People kept working, became healthier while on basic inco... by EpicEng on Thursday March 05, 2020 @12:07PM (#22495514)
If labor remains fixed then people as a whole have more money. Prices go up due to inflation and increased demand, no? I realize that's simplistic, but is it not generally true?
[ Parent | on HN ]