Wednesday, February 26, 2014
What is Life Worth?
The point of the post is that no one can with good conscience can claim his work value is worth S4000 an hour when another person is worth only $7.25. Even so I would have no problem with high income for any person if every person had a Basic Income Guarantee to purchase sufficient food, adequate shelter, medical care, and equal access to learn life skills from K-12 to a Doctors Degree according to the ability to learn & perform the skills [not the ability to afford to pay for them].
With that kind of equal starting line and no Bureau for Begging, I would give up the minimum wage and all other Safety Net programs (except Retirement Social Security] A Basic income Guarantee is the ultimate Freedom from desperation and Wage-Slavery. It is an open door to the power to bargain for wages on the individual level. It is a true Right to Work [or not} opportunity. It empowers true Life, Liberty, and the Right to Pursue Happiness.