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by ultramancool
3702 days ago
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> favored UBI for the purpose of increasing the cost of labor generally But is this still an effect which needs to be considered? I can only see it increasing the cost of labor if people are only willing to work for the luxuries they desire and no longer for the basic living expenses. By what other means would it encourage automation at all? Or is that not an intention or benefit at all? |
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Its not really intended to encourage automation, from what I've seen from most proponents; the relation to automation is that automation is happening now, and expected to continue with or without UBI. Proponents of UBI (particularly on the left) see this trend as a significant contributor to declining real wages for most workers, with the gains from the growth of the economy going to a relatively narrow set of elite workers and, even moreso, a much narrower set of capitalists. They see UBI as a means of compensating for the harm most workers experience in this, redistributing some of the net gain so that the aggregate gain that these changes contribute to benefits everyone. Productivity increases don't need to be encouraged, they inherently produce their own reward.