Decades of automation have decimated worker bargaining power, distorting labour markets and stagnating wages while productivity grows.
Basic income is unravelling this distortion, making markets more efficient by allowing workers and businesses to negotiate on fairer grounding.
— Ken Yang 🧢🇨🇦🦞 (@kenjaminyang) June 10, 2021
The power to refuse to work until your conditions are met is called bargaining power. The unemployment insurance boost is providing that power temporarily. Unconditional basic income would provide that power permanently, and unlike UI, would be kept in addition to wages vs. lost. https://t.co/LwGdmcVPB1
— Scott Santens 🧢🏄♂️ (@scottsantens) May 5, 2021