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Enforcing ubi ensures that there's a reasonable bottom to how low you can bid on labour. Enforcing minimum wage however is problematic because it is an artific
by pacerier 2y ago
Enforcing ubi ensures that there's a reasonable bottom to how low you can bid on labour.
Enforcing minimum wage however is problematic because it is an artificial level. It simply further creates two classes of people, the hired and the unhired.
- snapplebobapple 2y agoEnforcing an understanfing of economics, motivation and thinking beyond a first order effect usually ensures people understand why ubi os a bad idea....
- pacerier 2y agocopying Scandi is not a bad idea
- pacerier 2y agoThere is more than enough science and tech capital for automation to allow ubi over a decade ago. Go ask larry page (cf bit.ly/3TiyI9r), but at the same time be careful who you talk to, for example if you get near Bill Gates he will start to brainwash you why medicine shouldn't be opensourced to africa like we did for code because La and Ti and Do Re Mi 10x-th order thinking. But enforcing billionth-order thinking is not enough to learn basic raw psych and motivation. here put to you in simple words: — As with every capital transfer 40 acres or otherwise, it is a bad idea if you are not on the receiving side, second-order thinking not actually needed.