A lot of people believe the concept of UBI (Universal Basic Income) is the solution, but how do you define what that is? The legal minimum wage in whichever country you live in?
For example, my job pays well above the minimum wage for Australia but it's 24/7/365 shiftwork with a pay structure that 'aggregates' payments for working nights and weekends (same hrly rate regardless unless do overtime). If the job only paid the legal minimum wage (currently A$24.17 per hr which is equivalent to US$15.62 per hr), nobody would do it.
Then how do you take into account stuff like all the various types of shiftwork, how to remunerate for doing extra shifts (or will that not happen under a UBI framework?), etc.
How do you take into account people who work in professional jobs like engineering, medical, business, finance, transport, etc. that have long university-study pathways to get those jobs?
My job is in transport btw, but I've never been a manager or similar.
It ties in with the WEF's proposed 'own nothing be happy' mantra where everything becomes a service you don't own your home, your car, your household appliances, and you are *prevented* from *owning outright* unless you are in the elite/corporate/executive social class.
