And the problem isn't lack of growth. GDP growth is doing fine. It's inequality. Gains are going to the well-off. Very straightforward.
Not seeing solving the inequality with an income floor. Shorter hours plus safety net (include UBI, ok) is first small step.
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The implementation of UBI would immediately lower our Gini to where Nordic states are.http://www.scottsantens.com/does-basic-income-reduce-income-inequality-gini …
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Additionally, all workers would have more bargaining power through the ability to say no. Better labor terms could be negotiated.
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It's not just money. Look deeper at the 2nd and 3rd order effects of unconditionally providing an income floor.
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As I said, my first guess would be a swift organizing of the pitchforks, with great and rising anger, now matched with time.
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Only a maximum wage will ever deal directly with economic disparity; yet, that just won't happen ANY time soon.
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