this post was submitted on 14 Feb 2024
195 points (94.9% liked)

Work Reform

10147 readers
519 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 14 points 10 months ago

Oh, definitely - but UBI is the solution to kill this problem dead forever (or better social safety nets) such a high minimum wage would likely just exacerbate wealth inequality as decades of underwhelming wage increases means that everyone but the rich would be making about the same amount of money and all that extra income would be captured by landlords and greedy corporations.

I like increasing the minimum wage - I think sudden drastic increases just erases middle and lower class savings while letting the richest capture more wealth.