|
|
|
|
|
by systemvoltage
1805 days ago
|
|
I am worried about how cost of living would explode to untenable levels. Low skilled labor prices would get out of control I am guessing since it is a basic supply/demand issue - when you put a floor with UBI, minimum wage to take up manual labor jobs would rise dramatically. It is actually incredible how much of our society depands on manual labor. Most people on HN are out of touch with this reality. The world runs on physically moving, stacking, filling, driving, cleaning, joining and constructing things. UBI I can see can diminishing the ability for the same laborers to obtain affordable food, housing, and transportation. |
|
Attempts to shape markets tend to do this.