UBI is a prospective model of social security that’s gaining traction as a possible solution to growing wealth inequality and job instability.
This is a common concern raised by critics of UBI. But as the figures proposed sit just shy of the poverty line, it’s likely that most people would continue to work in order to afford more than the bare necessities and invest in their own betterment. Marinescu, who studies the labor market and the ways in which policy can promote employment, strongly refutes the suggestion that UBI recipients would sit around idle.
She tells Teen Vogue, “the existing literature [concerning UBI pilots] finds that providing people with a minimal income only has a very small impact on work. First of all, we see it reduces the number of hours individuals work, but not the total number of people classified as employed.” Referencing the model of Alaska, she cites that studies evidenced; the majority of citizens still worked, just with a small reduction of hours.
One potential source of trouble a UBI could create might be filling less desirable jobs, so employers would either have to pay more or make roles more attractive to fill positions. But the most utopian vision for a future with UBI is that itHow could workers benefit? Depending on how it is implemented, UBI ostensibly creates a society in which humans are liberated from work, and the more aggressive demands of late-stage capitalism, as envisioned by
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