I think we should have a reworked economy. Aside from having UBI that grants free utilities, basic shelter, and food, I think that all occupations should have fixed incomes, tied to a rank. East Coast, West Coast, an waiter gets $40k a year. An astronaut, who has the highest ranked job, gets $100k. After taxes, waiters have $30k and the astro a $60k income. CEOs get their rank by votes from workers of their company. By fixing incomes and preventing distortions like billionaires, we can make it easier to diagnose whether a company or person are making too much money. This combined with absolute wealth caps, would make it easier to correct wealth issues.
All waiters know they are supposed to have $30k from their job, thus they can complain about the problem without bullshit excuses from businesses. Plus, free food and shelter guaranteed by government allows for unlimited unionization and job searching, which puts the onus on employers to do better: Without being able to coerce people into working, companies have to do the right thing.
We can have a government-funded department that sets the income ranks of jobs according to the amount of effort, risk, and knowledge a job requires, and makes that the standard that all employees can expect. If a job’s income weirdly deviates from that of other similar jobs, workers of that occupation can unionize to force the government to properly assess the value of the job.
I think we should have a reworked economy. Aside from having UBI that grants free utilities, basic shelter, and food, I think that all occupations should have fixed incomes, tied to a rank. East Coast, West Coast, an waiter gets $40k a year. An astronaut, who has the highest ranked job, gets $100k. After taxes, waiters have $30k and the astro a $60k income. CEOs get their rank by votes from workers of their company. By fixing incomes and preventing distortions like billionaires, we can make it easier to diagnose whether a company or person are making too much money. This combined with absolute wealth caps, would make it easier to correct wealth issues.
All waiters know they are supposed to have $30k from their job, thus they can complain about the problem without bullshit excuses from businesses. Plus, free food and shelter guaranteed by government allows for unlimited unionization and job searching, which puts the onus on employers to do better: Without being able to coerce people into working, companies have to do the right thing.
We can have a government-funded department that sets the income ranks of jobs according to the amount of effort, risk, and knowledge a job requires, and makes that the standard that all employees can expect. If a job’s income weirdly deviates from that of other similar jobs, workers of that occupation can unionize to force the government to properly assess the value of the job.