11–20 of 155 posts
How does that work across the EU though? Eastern Europe has minimum wages of just a few EUR/hr.
How does that work across the EU though? Eastern Europe has minimum wages of just a few EUR/hr.
No reason why the UBI needs to be a flat universal rate rather than adjusted based off local economic factors.
How does that work across the EU though? Eastern Europe has minimum wages of just a few EUR/hr.
In theory, if a member state implements a directive in a way that is not faithful, it might risk a fine from the EU, but member states generally do not care much about it, I am not even sure if all of the fines that have been issued in the past have been paid...
Earlier quoted context omitted.
No reason why the UBI needs to be a flat universal rate rather than adjusted based off local economic factors.
How would that work in practice? Wouldn't people just move to the higher UBI areas?
Earlier quoted context omitted.
The answer is it doesn't :-)
A lazy answer if so, and a disappointing take on organizing society if that’s considered acceptable.
From this angle, the problem with UBI is it doesn't really represent a clear win for a sufficiently narrow group of people. You're basically taking wealth from the top X of society and transferring it to the bottom 1-X, where X is probably somewhere in the range of 30-70%. This is too wide for the strategy to work effectively. Either no one really feels like they're winning that much, or the cost to the losers is so high that they're going to fight tooth and nail to stop it.
That's just the implementation challenge I see from the political angle. I also think there are a ton of problems with UBI and it would probably be very economically and socially destructive, but that's a separate argument from the fact that it's going to be very difficult to implement in a democracy.
How does that work across the EU though? Eastern Europe has minimum wages of just a few EUR/hr.
UBI is supposed to be a baseline guarantee, so it would be quite OK to size it for the cheapest, least developed areas in the EU free-movement area. This should be coupled with very low or non-existent taxation of entry-level wages, so this "low" UBI would still be a meaningful subsidy even in the wealthiest areas of the EU.
Earlier quoted context omitted.
No reason why the UBI needs to be a flat universal rate rather than adjusted based off local economic factors.
How would that work in practice? Wouldn't people just move to the higher UBI areas?
[flagged]
Your libertarian success is predicated on a functioning society, with a certain level of peace and mutual trust etc.
History of civilization shows various ways to achieving various degrees of internal peace and mutual trust required for free enterprise to flourish, and all had some form of "obligation" baked in (religious or secular rule)
How does that work across the EU though? Eastern Europe has minimum wages of just a few EUR/hr.
The amount of UBI will most likely depend on how much money an individual needs to buy food, pay rent and pay basic utilities, in a given country.