this post was submitted on 12 Jul 2023
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Minimum wage might not be needed if we instead used universal basic income. Low paying jobs wouldn't be automatically exploitative since they would still have a minimum income. Perhaps some of those low paying jobs may even bd desireable for certain people over the current minimum wage jobs (e.g. lower or very infrequent hours).
Yeah but then the working class might threaten the rich by being able to live a basic life!