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Comments on: Why the minimum wage trade-off is important for the left and right http://www.tvhe.co.nz/2011/11/11/why-the-minimum-wage-trade-off-is-important-for-the-left-and-right/ The Visible Hand in Economics Thu, 17 Nov 2011 19:04:46 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: A minimum income can replace a minimum wage » TVHE http://www.tvhe.co.nz/2011/11/11/why-the-minimum-wage-trade-off-is-important-for-the-left-and-right/#comment-35671 Thu, 17 Nov 2011 19:04:46 +0000 http://www.tvhe.co.nz/?p=6503#comment-35671 […] I agree of course, I have said the same thing here before – both when raising what my policy platform would be and discussing the minimum wage more recently. […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2011/11/11/why-the-minimum-wage-trade-off-is-important-for-the-left-and-right/#comment-35390 Fri, 11 Nov 2011 01:53:02 +0000 http://www.tvhe.co.nz/?p=6503#comment-35390 In reply to Raf.

We’ve agreed on this issue before I believe 😉

I just think society needs to be clear – do we want a society with a minimum living standard, or do we want a society where we punitively punish people who do not work.  Are people who are not working part of our social contract, or are they excluded from it.  Society should decide which one it wants – but as an individual I know which I’d prefer.

]]> By: Raf http://www.tvhe.co.nz/2011/11/11/why-the-minimum-wage-trade-off-is-important-for-the-left-and-right/#comment-35386 Thu, 10 Nov 2011 23:17:27 +0000 http://www.tvhe.co.nz/?p=6503#comment-35386 Finally something we agree on 🙂

A Universal Participatory Income plus open market for wages is definitely something to consider.

Making sure people’s basic needs are met is the key, regardless of whether they are in paid employment or not. Then on top of that we will see a thriving, dynamic economy with people free to explore their talents within a wide range of areas without the indignity of being regarded as “unemployed” or a “beneficiary”.

Innovation will flourish, parenting and caring will be more valued and communities will prosper. I’m not saying it will be easy to construct (shifting the tax base around etc) but it will be super efficient way of creating a just society. No more WINZ, Superannuation, means testing, tiny IRD…and so on.

It’s certainly something to think about.  

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