Quote:
Originally Posted by GGG
What if that were flipped the government should give its citizens enough money so they can meet the absolute minimum of needs (home and food). Then get rid of minimum wage. Essentially have a minimum guaranteed income but very limited employee rights.
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Given the relentless march of automation and the weakening of labour versus capital, I think a minimum guaranteed income is bound to be implemented at some point. And not as an egalitarian gesture, but as a necessity to keep the wheels of commerce spinning. The hordes of unemployed and underemployed will essentially need to be subsidised to enable them to buy stuff (not to mention keep them from burning everything down in their lucid moments between drug-fueled virtual reality binges).