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From version < 167.1 >
edited by Samir Mohsin
on 2017/03/10 01:23
To version < 171.1 >
edited by Samir Mohsin
on 2017/03/10 01:23
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Summary

Details

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1 +====~~Aff actors~~ will implement a universal basic income and abolish the minimum wage. Aziz 13^^ ^^====
2 +I propose abolishing the minimum wage, and replacing it with a basic income policy, a version of which was first advocated in America by Thomas Paine. Individuals would be able to work for whatever wage they can secure, meaning that low-skilled individuals — especially the young, who currently face a particularly high rate of unemployment — would have an easier time finding work. And the level of basic income could be tied to the level of productivity, to reduce inequality. There are two kinds of basic income policy. The first is a negative income tax ~~is~~ — if an individual's income level falls beneath a certain threshold (say, $1,500 a month) the government makes up the difference. Funds for this could be accessed by consolidating existing welfare programs like state-run pension schemes and unemployment benefits, and by closing tax loopholes and raising taxes on corporate profits and high-income earners. Germany has ~~enacted this policy~~ enacted a similar policy — called the"Kurzabeit" — and it's been credited with shielding the German labor force from the worst of the recession and keeping their unemployment rate low since. The second is a universal income policy, where everyone receives a payment irrespective of their income. This would obviously require more funds — meaning higher taxes — but in a future where corporations are making larger and larger profits while requiring fewer and fewer workers due to automation, such policies may become increasingly feasible. There are already very serious proposals to initiate such a scheme in Switzerland.
3 +
4 +
5 +====Functions as a de facto floor, employers need to make work appealing despite people not being desperate for it. Coopts the entirety of the aff advantages without a requirement on employers. Yglesias '13^^ ^^====
6 +A GBI helps people by giving them money, obviously. It also serves as a kind of de facto minimum wage, since if people can earn money doing nothing, in practice you're going to need to offer them higher pay to get them to work. But it's much more flexible than a minimum wage. In a GBI world, an employer has to make work somehow appealing enough to get employees even though everyone's guaranteed a basic minimum whether they work or not. But that "appealing" factor could be high wages, could be valuable skills and training, could just be a pleasant work atmosphere, or could be some combination of the three. Current minimum wage policies sort of try to achieve these goals by having exemptions for educationally rewarding internships or vocational programs. But these exemptions manage to be simultaneously too prone to abuse and too inflexible to capture the full range of possible scenarios that arise in human life.
7 +
8 +
9 +====Automation in the squo means decreasing jobs—rth cant solve since people cant afford basic necessities—UBI allows people to get housing and things like food. Rotman '13^^ ^^ summarizes====
10 +Given his calm and reasoned academic demeanor, it is easy to miss just how provocative Erik Brynjolfsson's contention really is. ­Brynjolfsson, a professor at the MIT Sloan School of Management, and his collaborator and coauthor Andrew McAfee have been arguing for the last year and a half that impressive advances in computer technology—from improved industrial robotics to automated translation services—are largely behind the sluggish employment growth of the last 10 to 15 years. Even more ominous for workers, the MIT academics foresee dismal prospects for many types of jobs as these powerful new technologies are increasingly adopted not only in manufacturing, clerical, and retail work but in professions such as law, financial services, education, and medicine. That robots, automation, and software can replace people might seem obvious to anyone who's worked in automotive manufacturing or as a travel agent. But Brynjolfsson and McAfee's claim is more troubling and controversial. They believe that rapid technological change has been destroying jobs faster than it is creating them, contributing to the stagnation of median income and the growth of inequality in the United States. And, they suspect, something similar is happening in other technologically advanced countries.
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1 +TFA State

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