RE: Bill Gate's Solution to Income Inequality
November 14, 2014 at 5:27 pm
(This post was last modified: November 14, 2014 at 6:02 pm by Heywood.)
(November 14, 2014 at 5:08 pm)Rhythm Wrote: It prevents any resistance based upon the need for a "livable wage" from any given thing. If we're all paid a universal basic, maybe A McJob is only worth a penny an hour (the rare example that I would agree with regardless). Before you get pissy...it's not like the McEmployee needs the money, he gets a universal basic.
That is what is awesome about no minimum wage and universal basic income. If you have a "McJob" you can tell your boss to fuck off any time he treats you in a manner not commensurate with the wage he is paying you. If he wants you to work nights....and you don't want to work nights....fuck him.....you won't starve if you quit on the spot. Now if he wants you to work nights...and you don't want to work nights....he needs to make it worth your while.
A universal basic income protects people from starving. No minimum wage doesn't price any labor out of the market....want the cushy 9-5 schedule but your employer won't give it to you cause you're black....punish him by telling him you'd work it for 50 cents an hour less than his white friend. If he won't cave....go to a competitor. Now the competitor has labor cost advantage. If your boss wants to discriminate against you....it actually cost him something.....he has to pay more in order to discriminate.....his business model becomes a little less competitive.
Minimum wage allows him to discriminate without consequence. If a black employee costs as much as a white employee....he has no incentive to hire black employees if he doesn't like them. He can always find an excuse to hire the white one or treat the white ones better. The minimum wage stops his competitor from punishing his discrimination by hiring the cheaper labor and then being able to undercut him on price.
Bigots love the minimum wage.
