"Theory is easier than practice. Set the basic income too low, and far from empowering workers, it could act as a wage subsidy, allowing employers to hold salaries down, as many argue happened with tax credits. Too high, and while it might transform power relationships in the workplace, giving people the freedom to turn down low-paid work, it might prove a disincentive to working altogether. And that’s before we consider how it might be paid for."
Matt Booth
Unemployment is still quite high. If UBI was a reality, I’d work less then I do now. The company I work for is […]
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