Reply to post: Re: One change - no more minimum wage

Basic income after automation? That’s not how capitalism works

Anonymous Coward
Anonymous Coward

Re: One change - no more minimum wage

"With UBI people no longer 'need' to work to live, so scrap minimum wage. This lowers the cost of starting up new and interesting businesses. Who knows what would happen. But to say UBI would not change things much is blatantly wrong."

Except that the UBI has to come from SOMEWHERE, and it can't come from the beneficiaries themselves. Guess who that leaves? The business owners and the rich people who tend to back them.

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