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by maze-le 2955 days ago
The 'equilibrium' might be a nice theoretical model, but realistically, it fails, since not all people are in the same circumstances.

In any society there will always be people, who don't have the resources/skills to take another job. Either its geographically located elsewhere any you are tied to certain location (there might be plenty of reasons for this). Or the job is above your skill level, and you cannot afford an education. Or you are in a position where you just cannot survive some weeks of financial insecurity.

Thats why "workes rights" are important, its not just about you and me. Its mainly about people who don't have the means to say: "Fuck it I'm outta here!".

Basic income could be societal anchor, that creates the conditions for such an equilibrium.