LogFAQs > #968503435

SKARDAVNELNATE posted...

So UBI gives people enough money that they can live off of. And a living wage pays people enough to survive. This just tells me that people can survive on either one alone. You seem to be focusing on the point that they would want both to afford luxury items. But at that point does it still have to be a living wage? Seeing a few movies and buying a video game don't cost the same as paying for your rent, food, and utilities for a month.

In other words, I understand why they would be motivated to work. That wasn't my question. I want to know why wages still have to be high. If UBI were implemented would that not allow businesses to pay less, and thus bring down the cost of their goods and services?

Wages have to be high because corporations artificially inflate the cost of everything while they have kept wages stagnant. If they didn't constantly raise prices in the race for infinite profits they wouldn't have to keep raising wages. You seem to think a business is just going to have low prices anymore lmao. No.

Capitalism is a failed experiment and we're seeing the end phases. Enjoy.

Edit: If UBI was implemented wages paid by businesses, like adjl said, wouldn't have to be high. The adjustments would be made to UBI, not wages. Sorry, I misunderstood your comment.