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by neilwilson
94 days ago
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You have to work if you want to get paid. Otherwise you will get fired. The obligation of the state is to provide you with a guaranteed alternative job offer, not a guaranteed income. It’s up to you if you take up the state’s offer or not. The UBI removes the motivation to work and turns everything into volunteering. The result is a rise in the “reservation wage gap” - the amount the private sector has to pay to get people to work for them. The reservation wage gap with a job guarantee is near zero - which is more economically efficient. Additionally the job guarantee acts as a powerful spend side automatic stabiliser that is temporal and spatially efficient - which removes the need to manipulate the base interest rate allowing it to return to its natural rate of zero. This allows permanent cheaper mortgages and business loans. |
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I mean, people who will create negative utility in a workplace or cost more in supervision expense than you get from them as output.
They create hazards for others by being drunk or on drugs on the job, or by harassing or bullying others, injuring themselves or others, causing personality conflicts or dramas due to trauma or unresolved mental health issues etc. I don't mean this as a value judgment, it's just like some people really aren't in a place in life where they can function well in work settings.
I'm not sure how you "guarantee" something that is dependent on complex situational decisions.