IEET > Rights > Economic > Basic Income > Vision > Technoprogressivism
IEET Audience Divided on Minimum Wage and Technological Unemployment
Oct 3, 2015  

We asked “Should we promote higher minimum wages even if they accelerate technological unemployment?” Of the 134 of you who responded to our poll, one in six were OK with promoting higher minimum wages because you are skeptical of technological unemployment, and one in four questioned promoting higher minimum wages because you are skeptical of the feasibility of achieving a basic income guarantee. A little more than half of you thought working for higher minimum wages was OK either because a basic income guarantee is inevitable, or because we can simultaneously promote higher minimum wages and a BIG.

After we posted our poll the Brookings Institute (which generally argues that minimum wages have no effect on jobs) posted “Rising minimum wages make automation more cost-effective”


Minimum wages and a basic income guarantee




COMMENTS

no anarchists here then ??

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