Earlier quoted context omitted.
> A certain percentage of the population would stop working entirely since they no longer need to. Everyone I've ever seen argue this has had strong opinions about how other (more greedy and venal) people would act. They, of course, would still work, but the great unwashed masses would sit on their backsides and take the money. I suggest, instead, we try specifics. Given a basic income, I wouldn't be lazy. Nor would…
They, of course, would still work, but the great unwashed masses would sit on their backsides and take the money. The counter argument would be the existence of industries that people will already not work in. For example Italy has a 38.5% youth unemployment rate. It also can't get enough workers for the garment industry. So why don't the youth of Italy want these jobs? Maybe the work is seen as menial (so a cultural…
If you can't make a living wage at these jobs, then by taking the job you are hastening your own demise. If you already have a living wage, then taking a low-paying job will give you a supplemental income. If you can work part-time at a low-paying job, then you can still spend your other time educating yourself or looking for a better job.
Also, if you can't fill your factories with the wage that you're offering, then the free market is telling you that you need to either increase the wage, or learn to make do with less, i.e. decrease output.