Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
Hello, I’m not that informed about UBI, but here is my arguement:
Everyone gets some sort of income, but wouldn’t companies just subside the income by raising their prices? Also, do you believe capatilism can co-exist with UBI?
I heard an idea once about making minimum wage 0$ and giving everyone a liveabke UBI. That would mean that nobody is required to participate in the workforce, meaning that employers who can’t afford to pay their workers a good wage would be priced out of the market rather than being able to prey upon peoples need for, y’know, money (which can be exchanged for goods and services). A very appealing idea for a 16 year old boy, and the only issue I see with it now is extreme specialisation in the workforce leading to less competition between different workplaces for similar jobs.