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Basic income mean huge changes: For example, salary may still be partially driven by necessary education / experience, but physical, tiresome or stressfull works would requireask for way higher salaries (because you get up at 4AM to collect garbage when you have no other choice, or when you think it really is worth it, and those jobs would still be necessary) The same way, some companies will have huge problems filling the ranks (let's say: food industry, waiter, marts cashiers (or the people filling the mart at night), ... But education industry (and universities) would have to change their methods, because nowadays peoples are willing to commit 100,000's of $ to get a well paying job, this incentive would be gone, the better paying one being the physical labor, with low education requirement. I also wonder if people would go with their lives the same way they do now. I, for one, would get one of those hard, high-paying job straight out of high school for a few year, enough to buy a house and save a bit, then go to university (or self-studying with internet classes, choosing some classes in common with friends) and study whatever I found get my interest. TL;DR: I'm all for Basic Income, mainly because I don't see any long-terme viable alterative, and also because the changes it would bring to society would be really interesting to study. |
It actually works out well for some that do it, by starting at '4 a.m.' they finish early afternoon, around about lunch time and can be around when their kids get out of school. They also get paid rather well, as in £40K, which is well above minimum wage. They are also working, whereas chances are that 'Microsoft', 'Vodafone' or any of the other big-brand, knowledge economy employers of the area probably would not employ them. The garbage collector in Reading is quite likely to want to hold onto his/her job as it makes a lot of life possible, even if it does come with the 'stigma' of being in the 'recycling business' (okay, being a bin man!).
I must say that the situation in Reading is an anomaly, it may not even exist any more, but five years ago it was a cushy number, I had friends doing it.
Compare this situation to collecting the garbage in a rural no-jobs area. Here the job pays minimum wage and nobody sticks at it for very long. There is no benefit in doing it as the money is barely any more than income support and any overtime is swallowed up by tax. Consequently there is a high amount of churn as people give it a go to get off the employment register and prove to the government that they are willing to work, then, one way or another, they jack it in.
So how would that work out in a 'basic income' economy in some rural town where there are no jobs? I think it would still work out rather well, even if the pay was £10K after tax + Basic Income. It would make the difference between having a subsistence style existence and one where one could cook nice meals for the kids and buy them all the things they need. Even a holiday could be afforded, subject to budgeting ability.