Originally posted by jaden_2.0
A living wage would result in a more cohesive society. People would be happy outside of their work and so more productive inside it. Ultimately profits would go up. A win/win.Universal basic income would be even better. Employers would have to find ways of making jobs attractive to employees. It would swing the balance of power of employment contracts to the worker as people would no longer be forced to accept poor pay and conditions for fear of becoming destitute.
UBI is also effectively inevitable within a generation or two. AI and automation will replace increasingly huge numbers of jobs. At some point we will have to either accept the current capitalist dogma that the owners and boards of huge companies who replace more and more of their workforce with automation solutions and can just dump the human workforce and keep the money, massively increasing the wealth gap to a dystopian disparity (think Elysium with Matt Damon) or we tax these companies in order to ensure a dwindling human workforce means billions of people becoming destitute.
a more cohesive society is also an argument for a 4 day week, rather than a 5 day. Tbh, I know people who work 6 days and they don’t look happy.
I’d say 4 and a half days, with extra pay for those who work extra.