And if you think it's bad, it's even worse in Europe. Taking the French example: I'm an freelancer, but I used to have a contract with an American company. They gave me 3x the salary most of my French colleagues would get, while keeping the exact same social advantages (they paid me through a French branch). However, to them, the salary was twice lower than what they would have paid for the same guy in the Valley. No…
My example comes from Greece where I reside for the past 9 months. People owning touristic buisnesses on the islands are moaning about how much they need more staff and can't find any, and they are arguing why younger people tend to not work and just receive benefits instead of going to work. The argument here that they won't understand though is that, 1st they are paying very low. They are all willing to pay the min…
This is the argument for Universal Basic Income.
Give everyone something less that 400s euro, whether they work or not.
Let's say its 300 euros. Then the decision is don't work and take home 300 euros, or work and take home 800 or 1100 euros. There is a much greater incentive to work.