I didn’t overlook it, just not part of the point I’m trying to make. If there would be a basic income and on top of that there is a 2ct hourly wage, everybody will be sitting on their ass. When people are financially ‘rewarded’ for their work they’re more likely to give a damn, even if you’d have thousands of dollars basic income. In other words, having a legally set minimum wage is a good thing also with UBI.
Edit: my statement about underpayed prisoners prove this fact, except their basic income is basically ‘spent’ on food and housing (it’s a bit of a stretch, but better rewards (/higher wages) increase motivation in this case as well). Also let me stress this before it becomes part of the argument, I totally agree on the it needing to be backed by science.
I didn’t overlook it, just not part of the point I’m trying to make. If there would be a basic income and on top of that there is a 2ct hourly wage, everybody will be sitting on their ass. When people are financially ‘rewarded’ for their work they’re more likely to give a damn, even if you’d have thousands of dollars basic income. In other words, having a legally set minimum wage is a good thing also with UBI.
Edit: my statement about underpayed prisoners prove this fact, except their basic income is basically ‘spent’ on food and housing (it’s a bit of a stretch, but better rewards (/higher wages) increase motivation in this case as well). Also let me stress this before it becomes part of the argument, I totally agree on the it needing to be backed by science.
Exactly. Then what would happen to the companies?
Exactly, that’s when the free market dictates what a job really is worth